<prompt> Human: I have an llc that i started 2 years ago. I am currently looking for a way to generate some cash capital. Is it possible for me to sell stock or parts of ownership for my LLC? basically just make a legal contract with a buddy that he has this much ownership?  <response>: The short answer is no. You can sell a percentage of ownership, which you may be thinking sounds like the same thing, but it is dealt with differently and with more rules to go along with it. Heres two articles from a quick Google search:Also, Ill give a plug for one of the most useful books that I had the chance to read during my MBA. Financial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers. Amazon smile link: 