Social Entrepreneur

Many founders of small companies and social enterprises will be asked to Guaranty service contracts or engagement agreements with consultants or contractors.  This should raise some key questions before any founder or small business owner puts themselves, and their assets, on the line for these relationships. The concept of the personal guaranty is not a new one.  Traditionally personal guaranties tend to be confined to banks and other lenders dealing with businesses who do not have the assets or revenue history to collateralize a loan or line of credit.  The idea being is that by having a owner/founder put......


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