Everyone has, at some point in their life, heard the phrase “don’t put all your eggs in one basket.” However, as the owner, director or partner in a business you, more often than not, do have all your eggs in one basket: your business. I’m sure many business owners will agree that in today’s world one business “basket” provides enough stress to turn one into a so-called “basket case”.
Being your own boss is a dream many people have. One of the many perks of starting your own business or start-up is fulfilling said dream. Unfortunately it is a dream that comes with many responsibilities and without proper preparation entrepreneurs become trapped in “legal snares”.