ilmscore | Prediction Details
"and especially in the early stages guess what when you go and sign the paperwork every paperwork you sign is going to say even if your business goes bankrupt you're still on the hook we want access to the home that you own we want access to the car that you own we want access to your personal bank accounts because we want to get paid even if your business is not getting paid"
By Minority Mindset | June 24, 2024 | Pending
From video
The Secret Wealth Playbook Of The Ultra Rich 00:20:31 - 00:20:48
Interpreted Prediction
Early-stage business owners often have to provide personal guarantees for contracts, making them personally liable for business debts even if the business goes bankrupt.

Prediction Details

Topic
Business Owner Risk

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.