Laundromat Resource Forums Financing ROBS (Rollover for Small Business) Reply To: ROBS (Rollover for Small Business)

Corey Kane

    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.