))
How to Structure Your Business to Protect Personal Assets
Manage episode 490769436 series 3645880
Content provided by MAJC and Matt Jennings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MAJC and Matt Jennings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Attorney Michael Zalay explains how to protect your personal finances from restaurant liabilities using smart business structuring and proper insurance.
Takeaways:
- Form an LLC or S-Corp and keep business formalities separate.
- Avoid personal guarantees unless clear limits are in place.
- Understand your insurance policy and what’s excluded.
Want to connect directly with industry thought leaders like today’s guest? MAJC has built a community of hospitality professionals, where insights and tools help drive sustainable, profitable businesses. To get early access to the MAJC community, sign up at www.MAJC.ai.
106 episodes
Share
