0
votes
3answers
264 views

New LLC - Initial Investment

I have a newly formed LLC in California which I did through Legal Zoom. I understand I need to be careful with cash flow (with respect to where it comes from and goes). I am also in the process of ...
2
votes
4answers
1k views

How to take a draw in a multi-member LLC?

My business partner and I are forming an LLC. As I understand, members of an LLC are not employees and therefore are not on payroll. Instead they pay themselves by taking a draw from the LLC funds. ...
5
votes
3answers
3k views

Why don't investors like to invest in an LLC?

I have read that if you are raising money, that an LLC is a dispreferred vehicle for your company. Why do investors not like to invest in an LLC?