Tuesday, March 29, 2011

Sometime today I am going to get an answer to this question

Drum roll please...

And the question is:  What if this idea bombs out?  What is the exit strategy for failure?  Once you set this thing up, what do you have to do to dissolve it?  You see, I don't want to start something and wonder how the heck I can get out of it if things go badly.

Update:

Just sent off an email with the above question to the gentlemen I spoke with yesterday at LegalZoom.   Let's see how long it takes to get a reply.

Update:

The answer is that yes, there is a registration to close a non profit if that is wished.  No further details were provided because, most likely, the question can't be answered because such circumstances are unknown in advance.

Update:

There's a lot to consider here, been looking a this.

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