Tag Archives: Debts

Incorporating a New Business in Florida

By admin | Published March 12, 2010

When you are starting a new business in Florida, you can set it up under sole proprietorship, a cooperative, or as a corporation. If you go with incorporating, it is the process of forming a new corporation, which can be set up as a business, a non-profit organization, or a new government of a new [...]

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Personal Guarantee for Small Business

By admin | Published September 1, 2009

A personal guarantee is when an individual agrees to be held responsible for assuming the debts of another person or business in the case of the borrower failing to pay back monies borrowed or defaulting on a loan or mortgage. This provides back up protection to the bank or other lending institution and gives them [...]

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