Quote:
|
Unless you provide a personal guarantee to a creditor, all of your personal assets are generally safe from any possible liquidation, litigation etc.
|
Yes, that's what I thought.
Until my accountant set me straight
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Thanks for your musings, Fiona. I'll admit sole trading seems the easiest option for me at this time because I've yet to establish myself in the marketplace and I don't want to go all out and set up all the peripheries only to have it fall flat.
Although I'm not thinking this way! But it pays to be realistic and to plan for things that might happen.