Attorney Michael Zalay explains how to protect your personal finances from restaurant liabilities using smart business structuring and proper insurance.

Takeaways:

• Form an LLC or S-Corp and keep business formalities separate.
• Avoid personal guarantees unless clear limits are in place.
• Understand your insurance policy and what’s excluded.

Want to connect directly with industry thought leaders like today’s guest? MAJC has built a community of hospitality professionals, where insights and tools help drive sustainable, profitable businesses. To get early access to the MAJC community, sign up at www.MAJC.ai.