Posts Tagged ‘Limited Liability Company’

Occasionally I get asked whether an instructor should teach out of their home. Since roughly one-half of the schools I’ve trained at have been located either in or on the grounds of private residences, I can relate to this issue.

My first bit of advice with regards to this issue of teaching out of your home is that you speak to an attorney about these matters. Since I’m not an attorney, any advice I can offer is pure conjecture based on my own experiences running a business. Only an attorney that is licensed to practice in your area can give you a definitive opinion in these matters. Read the rest of this entry »

Simple Steps You Should Take To Protect Yourself

Here’s one of the main reasons that you should hire a good attorney to assist you with starting your business. Being a business owner makes you a prime target for a lawsuit, especially in our industry.

You absolutely must take measures to protect your assets by limiting your personal liability in case you are sued. Simply filing a “Doing Business As” certificate with the county or state you are operating in will not be sufficient to protect your personal assets if you are sued in a court of law.

However, there are some very simple steps you can take to help limit your liability as a small business owner. Here are a few simple tips for reducing your liability in your martial arts school. Read the rest of this entry »