Do I need a LLC as a Self-Funded Searcher

by a searcher from The George Washington University - School of Business

2 years ago

Do  I need to set up a LLC as a self-funded searcher? Not entirely sure if this is necessary during the search process, but if I bring in investors for acquisition, I'm assuming I will need one then, so I might as well do it now? Is that accurate?

3 likes
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12 comments

searcher from Indiana University, Bloomington/Indianapolis - Kelley School of Business

I think the safe route is to create an LLC to shield from liability, but I personally know a self-funded searcher who decided not to create an LLC and he has since closed on his acquisition. He did not seek any outside funding though, perhaps if he had went that route he would have created an LLC.

6 months ago | like reply | 0 likes

searcher from Florida International University - College of Business

Tyler, I am in the same boat as you. I came across this company and will be reaching out. https://andersonadvisors.com/

2 years ago | like reply | 0 likes

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