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#1 |
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Fooore!
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Unless you incorporate (at least in canada) that's how you protect yourself- but for what He is wanting to do, it will not be worth incorporating - coastwise.
Get yourself a bank loan / loc and have a good business plan, along with some starting capital. Besides what bank is going to provide a loc to a new incorporated company without something up front Anyone who tells you differently or to jump on it without a gameplan and or backup plan is being foolish. |
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