279, Line of Credit for Startup Financing Posted by brianm, Thu May-17-07 09:55 AM
I would like to know:
If I have a family member whose willing to invest in my home-based e-business; by securing a line of credit at her bank, legally speaking, what would her role or relationship in my business be since my biz structure will be set up as an LLC sole-proprietorship? Also, can a home-based e-business even be set up as a LLC sole-proprietorship? Thanks!;)
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