boss sob
boss sob
boss sob
Yes the business owner and fear of business owener goes on
Yes, they do. Liabilities always arise, if say it buys supplies but cannot pay for them, or if someone has an accident because of the business person's negligence. The important issue is whether the business's liabilities become personal liabilites of the person running the business. If a person runs a business in what is called a sole proprietorship or simple partnership, the company's liabilities will become those of the business owners. If the company goes out of business, the owner has to use his/her personal assets to pay them. If the business operates as a corporation, limited liability company or limited partnership, depending on state laws, that business's liabilities will not attach to the persons running the business except in extreme circumstances. If that business fails and goes out of business, the owners are not personally liable.
Stockholders face less risk compared to owners of private businesses because their financial liability is limited to their initial investment in the company's shares. This means that if the company performs poorly or goes bankrupt, stockholders cannot be held personally responsible for the company's debts. In contrast, owners of private businesses may risk their personal assets, as they are often personally liable for business obligations. Thus, stockholders enjoy a level of protection that private business owners do not, making investing in public companies generally less risky.
it means that the company has limited liability. If the company goes bankrupt they loose only what they invest in the business.
bob
Tut
Business/management consultant
It is a string of nines that goes on forever.
The comma goes after the business between the name and the LLC. Business Company, LLC
the owner pays the credit cards because they owned the company