PDA

View Full Version : Principles Finance Homework


kdub526
Jan 11, 2012, 11:20 AM
1. What are the advantages and disadvantages of changing the company organization from a sole proprietorship to an LLC?

2. What are the advantages and disadvantages of changing the company organization from a sole proprietorship to a corporation?

3. Ultimately, what action would you recommend the company undertake? Why?

pready
Jan 12, 2012, 12:35 PM
Questions 1 and to the issue would have to do with liability. Also on question 2 would have to deal with being able to raise large amounts of cash for the company.

Number 3 does not have enough information to give an answer.