What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose …
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I am a small business owner. What do I need to know about warranties?
If you are a small business owner, you have probably already experienced the customer who is dissatisfied with the item or merchandise that you have sold him or her. While dealing with the unhappy customer is another issue altogether, it does pay to be knowledgeable about the warranties you are required to give for items that you sell. In other words, it is important to know what you …
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How to Finance a New Business
Starting a new business is never easy, and, unless you’re independently wealthy, you’ll need some money to get started. If you aren’t lucky enough to be able to borrow money from family members or friends to start your new business, you’ll need to borrow money from a bank or other lender. You can finance a business solely using your personal credit, at …
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