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2. Putting personal money into a business - AOL

   www.aol.com/finance/putting-personal-money...

   Key takeaways. By investing your personal funds into a business, you are putting those funds at risk. Steps you can take to limit your personal liability against business losses include setting up ...

3. Legal liability - Wikipedia

   en.wikipedia.org/wiki/Legal_liability

   A limited liability form separates the owner(s) from the business. The limited liability form essentially acts as a corporate veil that protects owners from liabilities of the business. [2] This means that when a business is found liable in a case, the owners are not themselves liable; rather, the business is.

4. Limited liability - Wikipedia

   en.wikipedia.org/wiki/Limited_liability

   Limited liability is a legal status in which a person ... each liable for all the debts of the business (unlimited liability). ... of personal financial capital ...

5. Sole proprietorship - Wikipedia

   en.wikipedia.org/wiki/Sole_proprietorship

   Unlike many other business entities, the sole proprietorship lacks a clear distinction between personal and business income. [23] The business owner is personally liable for income tax and National Insurance contributions due on the business profits in each tax year. They are also personally liable for any debts the business incurs.

6. Don't use your business account to pay personal expenses! - AOL

   www.aol.com/news/2008-07-11-dont-use-your...

   Many small business owners make a common mistake: They use their business checking account or business credit card to pay personal expenses. They figure it's no big deal. They'll either pretend ...

7. Why Liability Insurance Is a Must for Any Small Business - AOL

   www.aol.com/why-liability-insurance-must-small...

   Product liability: This type of liability insurance protects a business from lawsuits in which someone claims a loss or injury caused by a product you make or sell. Why small businesses should have it