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re: Expenses in starting a LLC...

Posted on 6/20/12 at 12:20 pm to
Posted by reb13
Member since May 2010
10905 posts
Posted on 6/20/12 at 12:20 pm to
So who exactly is taking out the loan? B or the partnership?
Posted by Mr. Wayne
Member since Feb 2008
10050 posts
Posted on 6/20/12 at 12:56 pm to
Sister B in her own name which is all fine and dandy. My issue is them getting into an expensive lease and the business failing almost immediately due to lack of funds and a proper business plan. That would be on the partnership, not Sister B who is pushing so hard for the store front.
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