Owning and running your own business is one of the most rewarding ways to earn a living and support your family. It’s certainly not easy and many people make significant financial investments to build up an organisation that matches their ambition. Unfortunately, start-up businesses in the early stages of development often lack legal structure or financial protection.
However, as the business grows it may take on employees, work with other companies and, ideally, build up a much larger customer base. This is an exciting stage, of course, but also brings with it a higher level of risk.
If your personal and business assets are not protected, you could lose what you have worked so hard for.… Read the rest