In Delaware, as elsewhere, the two most common business entities are the limited liability company (LLC) and the corporation. Although there are benefits and drawbacks to both types of business entities, those who seek investors are better off organizing as a...
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Adding Sweat Equity Members in LLCs
In the best of all possible worlds, equity in an LLC is acquired by a cash buy-in. But often, one member of the LLC has cash, yet the other does not, and can’t acquire it other than through sweat equity. In another scenario, an LLC wants to grant a valued employee...