I am in the planning stage of opening a brewpub.
Scenario: I have 150k to invest, and I will be the only owner in the LLC.
Using this money, what would be the most ideal way to fund the brewery? Simply open a business checking account and transfer the money to the account?
If I had multiple owners, I was debating the benefit in starting a separate LLC to finance the brewery. In this case, I could set up a separate LLC to "loan" the brewery the money (with interest), and then pay myself back over the years.
Just looking for advice/experience on how bootstrapped solo-investor/owners have smartly (or not-so-smartly) cracked this nut in the past.
Thanks.
Scenario: I have 150k to invest, and I will be the only owner in the LLC.
Using this money, what would be the most ideal way to fund the brewery? Simply open a business checking account and transfer the money to the account?
If I had multiple owners, I was debating the benefit in starting a separate LLC to finance the brewery. In this case, I could set up a separate LLC to "loan" the brewery the money (with interest), and then pay myself back over the years.
Just looking for advice/experience on how bootstrapped solo-investor/owners have smartly (or not-so-smartly) cracked this nut in the past.
Thanks.
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