Starting a small business
in Business, Accounting & Taxes ·
casualstag4 said:Just because they don't have anything to lose right now doesn't mean they won't have something later. Plus, you can just let that debt sit there and "simmer" until they actually acquire enough assets to make it worth the creditors' while.
That makes sense. I mean, if they want to actually run a business, they're gonna need tools or equipment, which definitely counts as assets.