Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Principles Finance Homework (https://www.askmehelpdesk.com/showthread.php?t=626854)

  • Jan 11, 2012, 11:20 AM
    kdub526
    Principles Finance Homework
    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?
  • Jan 12, 2012, 12:35 PM
    pready
    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.

  • All times are GMT -7. The time now is 06:32 PM.