"Even if business owners aren't worried about their ability to repay creditors, they should still put protections in place...
A few years ago, you took out a $300,000 loan for your business because you anticipated continued growth. But the economy soon fell apart, and so did your business. You can no longer pay back the loan, and the lender has filed a lawsuit against your company and you personally, threatening to seize your home, car, and cash in the bank. This is a common scenario for owners of small businesses..."
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