Finimpact

Pros and cons

Pros

Limited Liability.
Prestige.
Owners retain Control.
Can decide to get taxed as S-Corp.
Easy to Create.
Flexible Management.
Pass-Through Taxation.

Cons

Harder to raise capital.
Dissolves if a member leaves.

Pros and cons

Pros

Limited Liability.
Different stock classes.
Easy to Raise Capital.
Easy to Create.
Huge Prestige.

Cons

Complex management structure.
Double Taxation.
Harder to maintain.

Frequently Asked Questions(FAQ)

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About the Author

Daniel Lewis

Daniel Lewis

MBA accredited investment professional

Daniel Lewis is an MBA accredited investment professional who wants to assist small business owners to gain access to finance.

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