I Have Provided Funds to My Corporation: Should I Take Shares or a Promissory Note?
Manage episode 344076984 series 3373058
Welcome to Your Business, Accelerated! I'm Attorney Shaune Arnold and in nearly 30 years of practicing business law, I've seen nearly every train wreck in business. This podcast is designed to keep YOU from being the next one.
I curated this podcast series from a mastermind conference call that I ran for my business consulting clients. Tune in weekly to get nuts and bolts strategies and guidance on a variety of business topics to help you start, build or fix a business you'll absolutely LOVE.
This week, we're digging into the issue of liabilities that can attach to you as a shareholder of your own company versus you as a director of your company in the context of providing money to the company. Should it be a loan or an investment? What's the difference? Does it make a difference if you have an LLC rather than a corporation? Well...Listen in and find out.
11 episod