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Forums » Startup Brings Faster Speeds to Rural Southwest » shareholders
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« Startup/ Southwest  

S_engineer

join:2007-05-16
Chicago, IL

Re: shareholders

They need to leave 20k around just in case they need to close. Closing a business is very expensive too!
permalink · 2008-07-20 12:35:21 · Reply to this
jc100

join:2002-04-10

Re: shareholders

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.
permalink · 2008-07-20 13:19:19 · Reply to this
Forums » Startup Brings Faster Speeds to Rural Southwest« Startup/ Southwest  

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