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Startup Brings Faster Speeds to Rural Southwest > shareholders

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S_engineer
Premium
join:2007-05-16
Chicago, IL

reply to jc100

Re: shareholders

They need to leave 20k around just in case they need to close. Closing a business is very expensive too!
to forum · permalink · 2008-07-20 12:35:21 ·

jc100

join:2002-04-10

That's what bankruptcy and an LLC is for. If you file bankruptcy then they can only settle with what you have left. Furthermore, if you are an LLC, they can only sue the company and not you. Presto.

to forum · permalink · 2008-07-20 13:19:19 ·
Forums > Startup Brings Faster Speeds to Rural Southwest

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