Biz Tip: When you are signing business checks as an officer of the company, make sure you also sign your title. If you DO NOT and the company is sued some smart lawyer will use that to pierce the corporate veil and try to make you the responsible person. Not fun when there is a lawsuit and you are being threatened financially.
Example: Sign check as James Doe, President, Or John Smith, Treasurer.
Tip from Diane Pearson Legend Financial Services and guest on the Empress of Biz, Reinvent in Rugged times. www.pplmag.com and www.talkshoe.com
No comments:
Post a Comment