There’s really only two ways to get money into a corporation to finance starting and growing (excluding retained earnings which new businesses seldom have): Selling shares for money; or taking out a loan.
This short video explores just a few of the many issues that can arise when a business starts looking for money. For this and all your businesses legal needs, call me in Asheville, Hendersonville, Fletcher, Waynesville, and all of Western North Carolina at (312) 671-6453, email at palermo@palermolaw.com, or for more information palermolaw.com.