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(Solved): 15. Crunchy Cream Donuts is an LLC. The business is thriving,and its owners want to raise capital to ...



15. Crunchy Cream Donuts is an LLC. The business is thriving,and its owners want to raise capital to expand into other citiesaround the country, and to build a factory to mass producedoughnuts. Unfortunately, the owners have few assets and littleability to secure credit. The most advisable option is:

a.

Change business form to a C Corporation and conduct a publicoffering.

b.

Change business form to a sole proprietorship so as tostreamline ownership decisions.

c.

Remain an LLC since it is illegal to change business form froman LLC to a corporation.

d.

Change business form to an LLP, which is more profitable than anLLC.



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