LLC: Fast and Easy Guide to Forming a Limited Liability Company and Starting a Business the Right Way

Written by Jerry Levy
Category: · Business & Money

It is easy to make mistakes when you are creating or reorganizing your business

The path to true wealth is having your own business. But there are so many laws to navigate and options for the legal organization of your business that it can seem overwhelming. Lawyers, accountants, and business advisors can be expensive but so can picking the wrong kind of structure or forgetting to file the right documents. What you need is a the knowledge to get it done right without breaking the bank.

It doesn’t have to be complicated

This guide makes it fast and easy to form your LLC and get your business started on the right foot. The aim of this guide is action. It gives you, the business owner, the knowledge you need to get your LLC up and running without making costly mistakes in the process, or being so paralyzed by the overwhelming nature of organizing your company that you keep putting it off.

Avail yourself of the many advantages an LLC offers

The Limited Liability Company is a uniquely American invention. It solves the “double taxation” problem inherent in corporate structures by functioning as a “pass-through” entity for tax purposes. At the same time, it still provides what is often cited as the most desirable feature of a corporate structure by limiting your liability to the assets of the company and keeping your personal assets safe.

Learn the secrets so many wealthy and successful business owners already know

This easy guide walks you through everything you need to know including:

  • Limited Liability Company Types
  • Forming a Strategic Alliance
  • Setting Management Powers
  • Reporting Taxes as an LLC
  • Creating and Dissolving a Limited Liability Company
  • Raising Capital for Your Limited Liability Company
  • Owning Personal Assets
  • Informally Borrowing from Family and Friends
  • Incorporating Other Members into Your LLC
  • Using Credit Cards
  • Borrowing from Conventional Lenders
  • Applying for Special Loan Programs
  • Deciding When and Whether to Borrow
  • Financing with Debt vs Financing with Equity
  • The Advantages of Limited Liability
  • Preserving Intellectual Property
  • Raising Initial Capital
  • Segregating Assets
  • Profit Distribution
  • Location Flexibility
  • The Registration Procedure
  • What to Avoid with an LLC
  • Naming Your Limited Liability Company
  • Brand Name
  • Should You Trademark?
  • Taxation
  • Bookkeeping and Accounting Activities
  • A Step-by-Step Guide to Create an LLC
  • Choosing a State to Register your LLC (Delaware vs. Nevada vs. Wyoming)
  • Finding a Registered Agent
  • How to File Your Company’s Articles of Organization
  • LLC Seal
  • Stock Certificates
  • Defining the Management Structure
  • The Operating Agreement
  • Sharing Ownership
  • Registering the LLC with the IRS
  • Determining the Fiscal Year
  • Member Rights and Obligations
  • Lawful Profit and Asset Distribution
  • LLC Trustee Status
  • Proportionate Losses
  • Liabilities and Assets
  • Reasons for Compulsory LLC Dissolution
  • Bankruptcy and Your LLC

Don’t waste your valuable time or your hard-earned money. Learn everything you need to know to form your LLC this week when you grab this book today!

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