Investment Principals for Entrepreneurs #5
PROTECT YOUR ASSETS
Work with a business attorney to structure your company so that creditors can’t reach your money if the business runs into financial or legal peril. Work with a financial advisor to make sure your investments are setup in a way that protects them in the even your business runs into a hardship. In addition to structuring your business appropriately, this also involves transferring assets to spouses and children where possible and investing within retirement accounts and real estate, which in some cases are out of reach.
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