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Updated about 13 years ago on . Most recent reply

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Terry Portier
  • Engineer
  • Wichita, KS
36
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BOTTOM UP LLC

Terry Portier
  • Engineer
  • Wichita, KS
Posted

How have you built your LLC from the bottom up with no assets, track record, credit?

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Several of them! In the beginning you simply fund enough to open the bank account and some office expenses if any. You don't fund it until needed, by cash injection or from loans, usually private money, partnerships or bank funds per deal.

Not sure what you mean by "bottom up", but like anything else, build the foundation of the business first and run the business.

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