Be Like Bob - LLC to C. Corp. Conversion

LLCs are great for their ease of management and minimal corporate formalities. But, as a business scales, it could attract investors. Those investors are otherwise known as venture capital funds (VC). VCs prefer to invest in C Corporations. There are many reasons like tax considerations and exit strategies. For some business owners accepting fund investment was not on their radar when forming their business. Remember, one of the main considerations of forming a corporate entity is personal asset protection.

So, if accepting fund investments was not in view at formation, the logical step is converting an LLC to a C - Corp. Yes, serious consideration must go into converting membership interests to corporate shares. That time and cost is a drop in the bucket to receive the necessary funds to fuel your company. So, when the VCs arrive #BeLikeBob and convert your LLC to a C-Corp and send your company to the next level.