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LLC: Minimize Your Business Liability - Overview

http://www.mindbites.com/lesson/1670-llc-minimize-your-business-liability Attorney Andrew Flusche explains how you can reduce your business liability to protect you, your property, and your family. This video is a 36-minute webinar that covers four different topics: 1.) benefits of incorporation, 2.) corporate formalities, 3.) contract guidance, and 4.) business insurance. You will learn why it is important to incorporate your business or establish a Limited Liability Corporation (LLC) and in what ways this protects you and your personal assets. Next, you will learn what formalities your business should follow. This is basically making sure that your business operates as a business in order to protect your limited liability. Next, Andrew will instruct you in the proper ways a business should enter into contracts - who should sign them and how. Finally, Andrew briefly discusses different types of business insurance, including business liability insurance, and why you might consider purchasing different policies. If you own a business, you can't afford to neglect proper planning. You may be putting your business, your personal assets, and your family at risk.
Length: 04:38

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