Make Connections

Network, Get Answers, Find Members in Your Area, and More!

Forums » Strategies & Tactics for Getting Efficient

pay roll ?

    • 1 posts
    November 11, 2009 10:11 AM EST

    I am starting a business and recently I was laid off. I am living on my unemployment check. I have formed an LLC with a business contact. He has build a website and has the ability to generate leads. We are 51/49 ownership. Rcently I did a deal and made 2 k commission. The commission was made out to the companies name. I need money should I take a loan form my llc or take a pay check from llc and pay personal bills? Should I just give partner 1/2 of the comission or leave some fund in the business acct.