Very informative thread and I have read it few times already. Moving on to insurance

Unlike GMBH with Self-employed people client disputes involving courts can result in private assets being dipped into? Meaning courts can order seizure of your private money? So is there some kind of insurance that can cover these situations? In my field the chances of client suing for anything are very low but it would be nice to know what the options are available...if any.

As a self-employed person is there truly a need to open a separate business bank account? What if the company name is exactly same as your real name? How the hell would that work anyway?


Tip- Btw as my business is home based I also informed my home insurer Zurich that I am running a business from home. This I did so that they don't hold it against me if I ever need to make any claims