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Re: New business property advice
[Re: cjh]
#1561594
26/01/2016 16:32
26/01/2016 16:32
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Jonny
Unregistered
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Jonny
Unregistered
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It depends on what the terms of the lease are.
If they don't ask for a personal guarantee and the company is limited, then there will be no personal liability unless it could be proved you haven't been trading lawfully and/or not in the best interests of the business.
If they ask for a personal guarantee which is likely with a start-up, then that will be your liability.
Haggle all you like!
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