Marxia Liwag, an Independent Contractor, have always filed her taxes as a sole proprietor. For the last
11 years, she has been accumulating wealth in her business, but didn’t really think of protecting that business. Marxia was an easy target for a lawsuit because she was “perceived” as being wealthy. “My focus was on running my business and hasn’t invested the time to establish an asset protection plan because I didn’t think that it would happen to me”, reasons Marxia.The 20 Million people involved in lawsuits last year thought the same thing.
Knowing the structures and strategies that could protect everything you’ve been working for, could mean the difference between reaching your financial goals or “losing it all”.
As a business owner Marxia was surrounded by risk: divorce, creditors, leases, contracts, disgruntled employees, malpractice suits and natural disasters are just a small samp
ling of how other unprepared business owners like Marxia are hit with devastating lawsuits each year. As Marxia established more businesses, she became more conscious of the need for asset protection. “When my eyes were opened to the realization of business risks, I invested time and money to be well educated in the area of using the appropriate business entity and be able to make an informative decision when the time comes”, added Marxia.“After several months of research, I found a reputable company who educates business owners like me on how to use a corporation to protect assets and reduce taxes” declared Marxia who is now a proud owner of a closed corporation and is in the process of creating another corporation for her other business. You can get other financial strategies that Marxia applied to her successful business at http://seminarroomsonline.com
