Protect Yourself and Your Assets When Starting a Staffing or Recruiting Firm
It is important to protect yourself, your assets and the people you love when you decide to open a staffing and/or recruiting business.
It doesn’t make a difference if your business is you working by yourself from home, or if you intend to create a business, with office space and hire employees.
The Staffing and Recruiting Profession is unique because we have people on both sides of our sale. You are dealing with confidential information and the decision to accept a job or hire someone is an emotional decision. This does leave you wide open to be sued if someone feels you have misrepresented information or revealed confidential details.
If you are not protected by a corporate entity, you could be sued personally and lose your home and all of your assets!! Take time to obtain information on the various types of entities you can create. It would also be wise to consider putting your personal assets into a trust if you have assets worth more than $40,000.
You might think you can’t afford to create an entity; the reality is you can’t afford not to protect yourself by selecting the entity that is in your best interest.
If you’re considering starting a staffing or recruiting firm, we urge you to join us on our next webinar entitled “How to Start a Staffing or Recruiting Firm in Today’s Economy”. You can register for this free event in the upper right hand corner of this page.