go public company?

Question

hi guys let say i am making 150-200% return each year and have 200.000 dollars do you think its good idea to get bussines name corporating and go public as holdings thank you.

Answer 1

if i were you, i'll keep that very good return for myself first. but once the business get 'almost saturated' that need so much money to remain relevant, i'll consider to go public.

Answer 2

no, you dont have enough assests to sell stock, you could certainly form a limited liability corporation which would limit the amount of liablity you would assume in the event of a lawsuit.

Answer 3

I think you'll need a PR person who can use spell check and grammar check.