Operating a small business can be both a rewarding and challenging experience. There are any number of factors that go into both creating and sustaining a small business, not least of which is ensuring that the business is adequately funded. Because of this imperative, many small business owners take out loans to ensure that their business has a sufficient amount of operating capital, both when starting up, and when engaged in their ordinary course of their operations. This leads to the necessary question; am I personally responsible for these debts?
