To Choose a Company Name To choose a company name when setting up a business is always a hassel. Often the name means the difference between success and failure. 1-800-CONTACTS started as a college senior project for a business school student. He got the right 800 number […]
Read more →The first thing you need to do to start a LLC is to draft your articles of organization. Pick the state you want to start a LLC company in, and go to that state’s website. It will be on the state’s website under the Secretary of State’s heading, business department, or business formation division of the state.
Read more →Do you want to “LLC Yourself “or are you wondering how to open a LLC company. I am happy to tell you. You can do it yourself. It is easy open LLC company by filing your Article of Organizations with your state and paying the fees. In fact, most states have a set of “fill in the blank” Articles of Organization available on the state website. Sounds easy, doesn’t it?
Read more →How to Become an LLC Company How to become an LLC company (Limited Liability Company)? Wondering what do? Hoping you can start an LLC by yourself, thereby saving time and money? An LLC is one of the best ways to structure a small business because it is […]
Read more →Creating a LLC is often the first step people take when they want to “start a business.” A lot of time and money can be spent deciding what business entity to use. The choices are sole proprietor, partnership, limited partnership, corporation (C or S), and limited liability company (LLC).
The sole proprietorship is the easiest form of business for an individual to “set up.” There basically isn’t any set up. You just start doing business. You will file a schedule C with your 1040 form at the end of the year, and you may have to pay quarterly taxes, but that’s about all it takes. There is no liability protection for you operating as a sole proprietor.
The partnership is the easiest form of business for two or more individuals to “set up.” You just start doing business. Keep separate accounting for the business, and any profit or loss “passes through” to the tax returns of the individual partners based upon what they get allocated from the partnership.
Read more →Setting up an LLC has a number of steps. You can get your documents off the LegalDoom websites, at your lawyer’s office, or off the state websites. Whatever you do, go all the way. Just getting a couple of documents will only get you half way there.
Read more →Open a LLC Company Are you thinking to open a LLC company. You can open a LLC by yourself. Just be certain you have a complete organization. Don’t be fooled by the “quick and easy open LLC company in two easy steps” internet sites claiming that you […]
Read more →Creating a LLC Articles of Organization is not a difficult task. The Articles of Organization document is only two or three pages long and is basically used to provide the state with notice about your LLC creation. Once you have filed this document with the state, you are in business. However, to create LLC asset and tax protection requires more effort and more documents, but it is critical if you want to get the most from your LLC.
Read more →The easiest thing to do to start a business is just start making money. If you’re acting alone, you’ll be considered by the law and the IRS as a sole proprietorship. If you’re acting with one or more other people, then you’ll be consider a partnership, unless you file papers with your state and the IRS to say you want to be a limited partnership, corporation, or an LLC.
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If you are starting a business, one of most important things you'll want is PROTECTION! The LLC is by far the BEST asset protection vehicle for your business and can SAVE you THOUSANDS per year in taxes.
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