Joe is starting a new business. His major concern is to limit his risk and his liability, but he is also concerned with the ability of the company to raise capital. At some point, he would like to be able to sell partial interests in the business to other investors or perhaps to even take the company public, so he does not want to limit the number of potential owners.

What would be the best business entity that suits Joe’s needs?

Answer rating: 100% (QA)

For Joes needs of limiting personal risk and liability raising capital and having the flexibility to sell partial interests or go public in the future ... View the full answer