Business going Bankrupt, need advise!?
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In both cases you would need to incorporate your business. This can be done in a short period of time, and should cost less than $200.00. I suggest you do this as soon as possible, transferring your assets and putting your business and personal life in order. It is not too late for this to happen. You will need to separate your banking accounts.
You can still file bankruptcy with your corporation if all the investors or friends fail to materialize. There is nothing in the rules as to how long a corporation has to be in business. The progression from a sole proprietary is to a corporation.
I hope this has been of some use to you, good luck.
"FIGHT ON"
Business going Bankrupt, need advise!?Hi There,
sorry to hear of your situation.
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