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    kdub526's Avatar
    kdub526 Posts: 1, Reputation: 1
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    #1

    Jan 11, 2012, 11:20 AM
    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?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    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.
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