Limited Liability Companies For Dummies, 3rd Edition

Learn to:

• Flex your entrepreneurial muscles during a time of economic uncertainty
• Understand the pros and cons of the LLC structure
• Manage the day-to-day operations of an LLC
• Grasp updated information on regulations, taxes, and fees for LLCs

Start and effectively manage a limited liability company with this easy-to-use guide

For many small businesses, an LLC is the perfect structure, but how should you get started, and how do you make sure to stick to regulations? This book answers those questions and more! It provides a fun, detailed approach to creating an LLC, keeping records, putting together an operating agreement, managing your new LLC, and much more.

• The ABCs of LLCs — find out what a limited liability company is, how it can benefit you, and whether it’s the right structure for your business
• Take your first steps — get the details on creating articles of organization, choosing a state to organize in, and converting your current business to an LLC
• The structure of LLCs — put together your operating agreement and choose how you wish to be taxed
• Run the show — get the details of record keeping, understanding tax filings, and the lowdown on successfully running your LLC
• The next level — dive into more advanced topics like using LLCs to protect real estate and other assets, and for estate planning
• One step further — explore the best reasons to form an LLC and how to keep your limited liability protection in place

Open the book and find:

• The details of LLCs and their advantages
• New information on federal regulations and fees
• Tips on creating your articles of organization
• Guidance on making an operating agreement
• Record-keeping tips to keep you organized
• How LLCs can benefit independent contractors
• Tricks to attracting investors with your LLC