Running a business is not easy. Several factors contribute to the successful operation of a firm and its profitability. Risk management is one of them. Business management is frequently laden with risks, which you, as the owner, must manage. Moreover, you must ensure the protection of both your business and personal assets in case of any legal disputes. That is why business owners need to have an asset protection plan.
An asset-protection plan aims to avoid or considerably decrease risk by insuring your personal property against creditor claims. A
