Profit Side Express Magazine - Issue V-4695

 

WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

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Denver, CO 80201


Current Issue of 08/25/2019

STOP YOUR MONEY WORRIES


189


14 BEER RECIPES

Ingredients - Directions
Only $10.00 Cash or Money Order. Three more Beer Recipes Free.
WRIGHT'S CO.
P.O. BOX 1886
HORSHAM PA 19044
http://wrightsco.com

109


HOW TO GET
1 MILLION PEOPLE TO
SEND YOU $10 CASH
In Six Months or Less!

A TOTALLY NEW-INGENIOUS-
FULLY AUTOMATED-ENDLESS
CASH-SYSTEM
SEND $10 CASH to:
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PO Box 878
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And $10 Cash to Dealer:
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N. MIAMI, FL 33131

73


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8


14 BEER RECIPES

Ingredients - Directions
Only $10.00 Cash or Money Order. Three more Beer Recipes Free.
WRIGHT'S CO.
P.O. BOX 1886
HORSHAM PA 19044
http://wrightsco.com

109


RECEIVE YOUR FREE PUBLICATIONS!
The Free Publication "Directory."

Our Directory Lists Over 40 Publications That You Can Receive For FREE!
Request Your Free Copies.
Send 2 F/C Stamps to:
NSL
P.O.BOX 763
GOLDSBORO, NC 27533

62



78


FINALLY START MAKING MONEY

By Marketing Your Own Products and Ideas
Or Others' Products And Ideas!
Send $1.00 Plus 2 F/C Stamps to:
JAMESINA WENTZ
412 E. 7th. St., Apt.2
The Dalles, OR 97058

81


FREE REPORTS!

Government Lists Of Over
50 Grants and Loans.
Seniors, Free Dentures Services, Bridges, Crowns, Dentures and More.
$5.00 Postage Cash Or US Postage Money Order:
NORA LEE
PO BOX 763
GOLDSBORO, NC 27533

53


WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201

115


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The Secret To Protecting Your Business Assets

Regardless of the type of business you conduct, there is a significant risk of being sued in our litigious society. Lawsuits can range from claims of negligence to defective products to disputes with employees. Incorporating is a means of guarding against these potential threats.

Single Incorporation - Protecting Your Personal Assets

Incorporating your business is a method for creating a legal wall between your personal assets and business. Any judgment against your business will not impact your personal assets. While your home, savings, stocks, etc., are protected, what happens to your business? If a judgment is rendered against your business, the business assets are as good as gone. This doesn’t have to be the case.

Double Incorporation Strategy - Protect Your Business Assets

Many businesses can benefit from pursuing a double incorporation strategy. The strategy is designed to address the situation where a business has significant assets that are exposed to litigation risk. If you incorporate your business, it is all well and good that your personal assets are not at risk. But what if your business has a number of high value assets such as manufacturing machinery, office equipment, popular domain name, custom software or other items? Merely incorporating your business will not protect these assets because they are owned by the business entity. Since a successful lawsuit would result in a judgment against the business entity, all assets of the business could be seized as part of the judgment. In short, you lose your machinery, office equipment, intellectual property or any other item of tangible value. The double incorporation strategy prevents this scenario.

As the name suggests, the double incorporation strategy involves the creation of two business entities. The first is your "at risk" business that interacts with your customers or clients. The second entity, a "holding corporation", is then created to own the valuable assets of your business. This holding corporation then leases the relevant business assets to your "at risk" entity. If the "at risk" entity is sued, the holding company merely recovers its assets and the plaintiff is forced to settle for pennies on the dollar because the "at risk" entity has few assets. In essence, the plaintiff wins the battle, but loses the war.

Most people know that a business entity can be used to create a protective shield for their personal assets. If your business has high value assets, now you can use this double incorporation strategy to protect those assets as well.




    


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