@MetalBassjunkie420 I know this comment is a year late, but sole proprietorship you would have unlimited liability, you would be liable for any debt incurred in the business. With a Limited Company, you have limited liability in the sense that it would be the business itself responsible for the debt.
Which ones have limited liability? Which ones have unlimited liability?
MetalBassjunkie420 1 year ago
@MetalBassjunkie420 I know this comment is a year late, but sole proprietorship you would have unlimited liability, you would be liable for any debt incurred in the business. With a Limited Company, you have limited liability in the sense that it would be the business itself responsible for the debt.
Eddyles 11 months ago