In a recent case, a business owner came to our firm in distress. Their company was being sued, and the worst part was that it wasn’t just their business that was at stake; they were being held personally liable for a business issue. All of their assets were put at risk because of one small error. On top of the threat to their business, they had to undergo the stress of wondering if they were going to lose everything. The excitement of opening your business shouldn’t be ruined by a lawsuit, but, unfortunately, we’ve seen too many businesses experience this reality. We often see lawsuits arise when business owners don’t properly protect their personal assets from their connection to the company. E X P O S E D ? ARE YOU LEAVING YOURSELF
There are usually two reasons this happens: One, the business failed to incorporate or form an LLC, or two, they did it improperly.
When you’re held personally liable for legal action against your business, you can lose everything — not just your business, but any personal assets you have. For clients, it’s an awful realization to find out that they’ve exposed their home and family to liability because of a business mistake they made. Because incorporating or forming an LLC can be more complex than you think, having an attorney on your side whom you can trust is key. Making sure you have the right attorney is the difference between business security and personal turmoil.
Fortunately, there are attorneys who can equip you with the knowledge and resources to properly protect your business and yourself. This month, Wade Law is offering a free seminar for business owners to learn about properly filing for an LLC, among many other topics.
See page 2 of this newsletter for more details. Don’t miss this unique opportunity!
SUDOKU
Asparagus and steak is a classic pairing. Skirt steak packs a ton of flavor without the high price point of other cuts, and this is the best time of year to buy asparagus. So what are you waiting for? Let’s get grilling! GRILLED SKIRT STEAK WITH ASPARAGUS
INGREDIENTS
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2 teaspoons crushed red pepper
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1 1/2 pounds skirt steak
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Salt and pepper to taste
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2 tablespoons canola oil
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Grated pecorino Romano cheese
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1 pound asparagus
DIRECTIONS
1. Heat grill to high. Season room-temperature steak with salt, pepper, and 1 tablespoon oil. Any oil with a high smoke point, such as canola, will work. 2. Trim bottom inch of asparagus. Season with salt, pepper, and remainder of oil. 3. Cut steak into four portions and grill for 3–5 minutes per side, depending on desired doneness. Skirt steak is thin and will cook quickly. 4. Let steak rest for 10 minutes. While it’s resting, grill asparagus for 6 minutes, turning once. 5. Sprinkle cheese and crushed red pepper on asparagus. Serve alongside steak.
Recipe inspired by Food and Food Network
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