MSN Law Office

Piercing the Corporate Veil: Limited Liability? Not So Fast!

Piercing the Corporate Veil Columbus, Ohio

Forming a business entity like an LLC or a corporation typically provides limited liability protection to the owners. But in certain situations, you can find yourself personally on the hook for the debts and obligations of the business. This week we’re discussing the legal concept of “piercing the corporate veil” and why it’s used so often against small business owners.

Incorporating Your Business

You’ve come up with a great business idea, and you’ve read Business Entity 101. You’ve even decided that a corporation is the right form of entity for your business. How do you form one in Ohio? Like most issues, the steps are relatively straightforward; it’s the details you should be most concerned about. Choosing a Corporate […]

Business Entity 101

Business Entity 101 Columbus, OH

Most, if not all, of the entrepreneurs I speak to are understandably anxious to start doing their “Great Business Idea.” In fact, their passion is why I love doing what I do (and why I became an entrepreneur myself). But that excitement also makes many entrepreneurs dive right in without doing some of the less glamorous, behind the scenes work. And a great example of this is not forming a business entity before launching the business.