Laundromat Resource › Forums › Financing › ROBS (Rollover for Small Business) › Reply To: ROBS (Rollover for Small Business)
December 2, 2020 at 11:33 am
#2630
Well said Brian. The only things I would add is that I believe there’s a $50,000 minimum (correct me if I’m wrong). Also I am not too keen on setting up a C Corp. as an S Corp. is much better for its tax advantages. I’ve heard down the road you can convert the C Corp. to an S Corp. but not sure if that’s true or how it works. Brian I’d be interested in speaking with you in greater detail about this.
