4 ms·
Nowadays a lot of companies try to add clauses that pierce the corporate veil (for example, having personal guarantees)
by veyron 15y ago
Nowadays a lot of companies try to add clauses that pierce the corporate veil (for example, having personal guarantees)
- learc83 15y agoFor all kinds of things, like leases and such were the company is too young to have any credit. But a personal guarantee on delivering a website on time would be a bit much.
- veyron 15y agoFor longer projects, you should be asking for some sort of upfront payment (to avoid being screwed over -- i learned that the hard way). In that circumstance, companies may demand some sort of clawback if benchmarks aren't met.