Do you find yourself switching off when your Accountant starts talking about balance sheets, drawings and working capital?
Avanti Accountants aim to speak with our clients in plain English, ensuring that when it comes to your accounts you’re switched on.
This week we are asking, what is Limited Liability?
Limited Liability – Shareholders of companies have limited liability. This means (provided they do not act negligently
or fraudulently) should the company fail, the most they can lose is their share capital.