If you would like to form an investment club AND stay out of prison I would heartily suggest you follow the rules and form a Partnership instead...
Here are tons of links explaining the right way to do that; https://www.google.com/#q=how+to+start+a...
What made you think you needed to "trademark" the name of your club? Be VERY careful that you do not think you "know" things that are not true! Make sure to have elected positions (Treasurer, Chairperson, Secretary) who know their responsibilities, and be sure to have a clear set of bylaws to account for members who suddenly "want out" or who fail to continue to contribute after you get going...
Good luck!
So I have about 50 people willing to invest their money into my investment club and I have some questions regarding investment clubs. Just to clarify this my investment club is only in stocks and the market .
1. Should I make it an LLC? I am the only one starting it so I was wondering if I could make it a sole pro?
2. Could this investment club eventually expand into reality or other businesses?
3. Would this work? My vision is everybody own so much shares/% of the company then at the end of the year they get their percentage cash or just keep it i.e I put 100$ in and the total funds was 1,000 at the end if the year the company is worth 10,000 so that 100$ is now worth 1,000$ and other members can buy your shares from you
1. The name of the company contains the word Group, I have the logo made and everything trademarked wen could that name still stay but it be considered a club? Because it's less than 100 people
Thank you for your time!! I will take any suggestions too!
