DesignersTalk - View Single Post - Freelancers: office and secretary problems when working as Limited Company

pedge · 26-04-2006, 17:35

LTD is much better than sole prop as your liabilities are, literally, limited if things go wrong (heaven forbid). If you get into probs as a sole prop, your personal assets are at risk (and potential bankruptcy)...

26-04-2006, 17:35	#16 (permalink)
pedge Crazy diamond... Join Date: Apr 2004 Location: Liverpool (UK) Posts: 746	LTD is much better than sole prop as your liabilities are, literally, limited if things go wrong (heaven forbid). If you get into probs as a sole prop, your personal assets are at risk (and potential bankruptcy)...