LegalZoom and Creating an LLC
December 10th, 2008 at 08:53pm Under General
A big decision that you have to make if you make the choice to become an entrepreneur is picking what structure you are you going to form your business as. There are a few choices as far as deciding on a small business entity. As an example, the small business can be a corporate structure, a limited liability company, or as another business form.
A very popular small business structures in use today is the limited liability company, otherwise known as an LLC. With a limited liability company, your company will have quite a few of the benefits of a corporate business structure, without a lot of the reporting requirements of a corporation. As a good idea, you should seek the advice of a competent professional before you decide on a structure for your business.
As you consider creating a LLC, you have the option of utilizing an online limited liability company formation service such as LegalZoom. LegalZoom offers LLC formation services from just $149 (plus state filing fees), which saves you a considerable amount of money versus using a traditional law firm. LegalZoom takes care of all of the required state forms for you, and gives you the paperwork you need to efficiently manage your LLC as your state requires.
If you do go with LLC incorporation, and you set up the LLC and operate it in the proper fashion, you are giving yourself a certain degree of personal liability protection that does not exist if your business was being run as just a sole proprietorship. It is very important that you choose a structure of business that provides you the liability protection that you need in today’s litigious world.
Creating a LLC is a intelligent idea if being a business owner is what you are after. Always check with a professional before you decide on what business structure to use, but you probably will be told that there is nothing wrong with using a LLC. Using an online LLC creation company like LegalZoom just makes sense, because you will be saving both time and money while forming your business correctly.
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