Legal Question in Business Law in New York

It's unclear why one would start a business under this scheme?

If you're trying to limit your personal liability or if you are an investor but will not be managing the f&b business on a daily basis and are concerned with the proper use of funds or if you have partners and you wish to protect yourself from any partner issues then there are more straightforward ways to address these. More straightforward also means less expensive than the scheme you mentioned.

If you're investing a lot of money in the business, then you should consult a startup business attorney who will help you address your specific concerns and protect yourself. It's the logical thing to do.

Ping me off line if you need help with this.

Roman R. Fichman, Esq.

www.TheLegalists.com │ @TheLegalist

email: Info (@) TheLegalists (dot) com

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