LLC Or Corporation

LLC Or Corporation

"Whether you are starting a new business or thinking about an existing one, the big question is "Which legal structure is best?" The answer has important legal and tax consequences, "--Page 4 of cover.

Author: Anthony Mancuso

Publisher: Nolo

ISBN: 9781413323177

Category: Business & Economics

Page: 288

View: 551

"Whether you are starting a new business or thinking about an existing one, the big question is "Which legal structure is best?" The answer has important legal and tax consequences, "--Page 4 of cover.
Categories: Business & Economics

Choosing the Right Legal Form of Business

Choosing the Right Legal Form of Business

This book provides you with a complete guide, discussing all four major forms of business, which one is right for you, and how your decision may affect you in the future.

Author: P. K. Fontana

Publisher: Atlantic Publishing Company

ISBN: 9781601383013

Category: Business & Economics

Page: 288

View: 630

According the United States Small Business Administrationâe(tm)s most recently released date, there are more than 9 million small businesses in the United States and almost 250,000 new ones started every year. Of those new businesses, half will fail in the first 12 months and part of that failure is due to the lack of information about how to start and develop that business. Without the right legal form of business, you may end up paying too much in taxes, failing to comply with certain laws, or miss out on certain breaks that you deserve. This book provides you with a complete guide, discussing all four major forms of business, which one is right for you, and how your decision may affect you in the future. The first thing you will read about is the list of non-legal issues you need to deal with before you start the business creation process. In addition, you will learn which form of business is ideal for your particular situation with a short overview of each type, a comparison of what each offers, and how the legal implications of each might apply to you. You will learn specifically how to choose between an LLC and a corporation in instances where it might not be immediately clear which is best for you. You will also learn which special business structures are best suited to your needs if you do not fit into any of the four primary categories. The process of structuring a partnership is outlined, along with how to create a written agreement and how to change a partnership after the business has been created. You will also learn how to create a corporation, including the structure you will use, how to establish financing, the compensation you will provide yourself, whether you need a lawyer, the 13 step process of starting and filing your corporation, and what you need to do immediately afterwards. The number of members needed to create an LLC is provided as well, along with how to structure management and determine financing and compensation. Hours of careful interviews were conducted with successful small business owners and legal experts to help create a comprehensive collection of materials that will guide you through the processes above, as well as how to handle transition of ownership and the extended process of naming your business âe" including the legal implications of this process, what you need to know about trademarks and service marks, how to protect your own trademarks, and where to do name searches. The licensing and permit processes, as well as the tax structures for each business type, are included for federal, state, and local laws, while additional information is provided on how to build your home-based business as opposed to one in a physical location. If you are looking to create a new business and do not know which format is best for your needs, this book will walk you through each step of the selection process, making sure your new business meets all applicable laws and regulations.
Categories: Business & Economics

Nolo s Quick LLC

Nolo s Quick LLC

Practical, concise and easy to read, this edition of Nolo's Quick LLC provides the latest facts, figures and updated tax information you'll need to know about this structure for your small business

Author: Anthony Mancuso

Publisher: Nolo

ISBN: 9781413325904

Category: Business & Economics

Page: 224

View: 517

Limit your liability, simplify taxes with an LLC If you run your own business as a sole proprietorship or partnership, you’ve probably heard of the advantages of limited liability companies—especially the way an LLC can protect personal assets from business debts. But LLCs aren’t the best structure for every business. LLC expert Anthony Mancuso clearly explains how to decide whether an LLC is right for you. Learn: the unique legal features of LLCs, including limited personal liability for owners who should—and who shouldn’t—form an LLC how to choose among an LLC, corporation, partnership, or other business form how LLCs are taxed how to manage multiple-owner LLCs, and why an LLC can be the right choice even for a debt-troubled business. Practical, concise and easy to read, this edition of Nolo's Quick LLC provides the latest facts, figures and updated tax information you'll need to know about this structure for your small business
Categories: Business & Economics

Form Your Own Limited Liability Company

Form Your Own Limited Liability Company

Below are a few titles published by Nolo that we believe offer valuable business
information for LLCs and can be ordered or downloaded from Nolo's website (
www.nolo.com). • LLC or Corporation? How to Choose the Right Form for Your ...

Author: Anthony Mancuso

Publisher: NOLO

ISBN: 9781413326871

Category: Business & Economics

Page: 216

View: 480

Make your business an LLC Structuring your business as an LLC can bring important advantages: It lets you limit your personal liability for business debts and simplify your taxes. Here, you’ll find the key legal forms you need to create a single-member or multi-member LLC in your state, including: LLC articles of organization operating agreement for member-managed LLC operating agreement for manager-managed LLC LLC reservation of name letter, and minutes of meeting form. Form Your Own Limited Liability Company has easy-to-understand instructions, including how to create an operating agreement that covers how profits and losses are divided and major business decisions are made. You’ll also learn how to choose a unique LLC name that meets state legal requirements and how to take care of ongoing legal and tax paperwork. The 11th edition is completely revised to reflect the latest federal and state laws. With Downloadable Forms Download an operating agreement and other forms for your LLC at Nolo.com (details inside).
Categories: Business & Economics

The Small Business Start Up Kit

The Small Business Start Up Kit

LLC or Corporation? Choose the Right Form for Your Business Anthony
Mancuso Explains the legal and tax differences between LLCs and corporations.
Nolo's Guide to Single-Member LLCs David M. Steingold Provides an overview
of how ...

Author: Peri Pakroo

Publisher: Nolo

ISBN: 9781413324754

Category: Business & Economics

Page: 360

View: 629

Start your business with confidence using the best step-by-step guide available! Many people dream of running a business of their own -- but often don't know how or where to start. Sound familiar? This is the book you need. User-friendly and loaded with tips, The Small Business Start-Up Kit shows you how to launch a business quickly, easily, and with confidence. It explains in plain English how to choose between an LLC and other business structures, manage finances and taxes, market your business effectively online and off, and much more.
Categories: Business & Economics

Choosing the Right Form of Business for Your Practice

Choosing the Right Form of Business for Your Practice

We will discuss this issue further in the section titled " Changing from One
Business Form to Another " later in this workbook . 16 Choosing the Right Form of
Business for Your Practice Corporations - In General A corporation , like an LLC ,
is a ...

Author: Lorraine Monheiser List

Publisher: Amer Animal Hospital Assn

ISBN: CORNELL:31924090531793

Category: Business & Economics

Page: 31

View: 797

Categories: Business & Economics

Drafting Delaware Limited Liability Company Agreements

Drafting Delaware Limited Liability Company Agreements

state-law business corporation form (e.g., because of client preference, the merits
of the corporate management structure, ... of choosing the right model limited
liability company agreement to serve as the basis for an LLC agreement for a ...

Author: John M. Cunningham

Publisher: Aspen Publishers Online

ISBN: 0735582688

Category: Law

Page: 1048

View: 313

Drafting Delaware LLC Agreements: Forms and Practice Manual provides a comprehensive and sophisticated analysis of the Delaware Limited Liability Company Act from an entity formation viewpoint and sets forth extensive practical guidelines for lawyers planning, negotiating and drafting Delaware LLC agreements. Among other features: The book exhaustively identifies the definitional, mandatory, default and permissive provisions critical in forming Delaware LLCs, and it addresses in detail the more important of these provisions. It contains detailed criteria and practical examples for use in choosing among Delaware LLCs and other types of Delaware entities, including limited partnerships and corporations, in business entity formations ("non-tax choice of entity"). To the authors' knowledge, it provides the most complete analysis of the series LLC provisions of the Delaware Act currently available in LLC literature. It provides in digital form model LLC agreements that address all of the various ownership structures, management structures and tax structures that Delaware LLC formation clients may need--a total of nine agreements for single-member LLCs and 33 for multi-member LLCs. Finally, the book contains plain-English explanations for lawyers who are not tax specialists concerning all principal federal and state tax issues likely to be important to Delaware entity formation clients. A CD containing customizable agreements, for ease of use, along with the full text of the Delaware Limited Liability Company Act is included with your purchase! SPECIAL OFFER... Get the latest monthly edition of Drafting Delaware LLC Agreements: Forms and Practice Manual E-Newsletter. Download your FREE E-Newsletter NOW! The co-authors of the book and E-Newsletter are John M. Cunningham, the author of Drafting Limited Liability Company Operating Agreements (Aspen Publishers), the leading generic (i.e., non-state specific) LLC form book and practice manual; and Vernon R. Proctor, a partner and co-founder of Proctor Heyman LLP, a Wilmington, Delaware business litigation law firm. Mr. Proctor is a member of the Delaware State Bar Association committee that annually updates the Delaware LLC Act and the other Delaware "alternative entity" statutes.
Categories: Law

Encyclopedia of Management

Encyclopedia of Management

Have either a corporation or a partnership as an SEE ALSO Entrepreneurship ;
Organizational Chart owner • Have more than 80 percent ownership in a ... LLC
or Corporation ?: How to Choose the Right Form for Your Business Entity .

Author: Gale (Firm)

Publisher: Gale / Cengage Learning

ISBN: 1414406916

Category: Business & Economics

Page: 1065

View: 404

Covers numerous topics in management theories and applications, such as aggregate planning, benchmarking, logistics, diversification strategy, non-traditional work arrangements, performance measurement, productivity measures, supply chain management, and much more.
Categories: Business & Economics

How to Form a Corporation LLC Or Partnership in Washington

How to Form a Corporation  LLC Or Partnership in Washington

Forming . a . corporation , limited liabilityhempany ( LLC ) or partnership is easier
than you think . If you can put your name and address on a form , you can do it .
Choosing the right type of business organization is important because it ...

Author: W. Dean Brown

Publisher:

ISBN: PSU:000047220225

Category: Law

Page: 160

View: 519

With our new QuickStart forms and instructions, you can organize your business in minutes. Book jacket.
Categories: Law

The Business Week

The Business Week

LIMITED LIABILITY COMPANY ( LLC ) BENEFITS • Owners have limited
personal liability for claims against the business . ... How to Choose the Right
Form for Your Business BY ANTHONY MANCUSO BusinessWeek SmallBiz
August ...

Author:

Publisher:

ISBN: UVA:X030298575

Category: Business

Page:

View: 800

Categories: Business

Make Your Life Tax Deductible Easy Techniques to Reduce Your Taxes and Start Building Wealth Immediately

Make Your Life Tax Deductible  Easy Techniques to Reduce Your Taxes and Start Building Wealth Immediately

Also included are specific strategies designed to help you decide which form is
best for your business so you can minimize ... Partnership + C Corporation
Chapter 9 Limited Liability Company (LLC) + C Corporation Selecting the proper
form of ...

Author: David W. Meier

Publisher: McGraw Hill Professional

ISBN: 9780071467629

Category: Business & Economics

Page: 256

View: 684

More than 150 deductions small business owners can implement to lower taxes and boost profits immediately If you are a small business owner, missing out on important deductions can mean receiving a tax bill that puts you deep into debt. In Make Your Life Tax Deductible, tax specialist David Meier presents quick and easy tips on understanding what deductions can be legally taken and implementing them in your tax strategies. He provides more than 150 deductions in several areas, from home, car, and travel to entertainment, equipment, and more.
Categories: Business & Economics

Start Your Own Automobile Detailing Business

Start Your Own Automobile Detailing Business

The good news is that an informal meeting with a written agenda held in a
service bay amidst your buffers and clay bars will fulfill the annual meeting ...
When you're ready to establish your corporation, you should consult with an
attorney to help you make the right decision on which type to choose. ... Your
attorney can help you determine whether an LLC is the right legal form for your
detailing business.

Author: Entrepreneur Press

Publisher: Entrepreneur Press

ISBN: 9781613080511

Category: Business & Economics

Page: 196

View: 764

Fueled by people’s passion for cars, the automobile detailing industry has been on the fast track for more than a decade. With only a moderate investment, a flexible work schedule and the possibility for huge profit, now is a great time to jump in the driver’s seat and set out on the road to success. Packed with essential tools and tips, industry experts introduce you to the most popular detailing operations, then take you step by step from gathering your pit crew to learning the latest tools of the trade. In addition to getting a behind-the-wheel look at day-to-day operations, get immediate access to a wealth of information, including: • Easy-to-understand descriptions of the three types of detailing operations: mobile, express and site-based • A comprehensive resource listing of organizations, suppliers, government agencies and industry professionals • Practical work sheets to help calculate costs, keep track of expenditures and stay organized • Detailed instructions on marketing and generating new business including building your own website • A detailed look at the newest tools of the trade, latest software and office equipment
Categories: Business & Economics

Start Your Own Wholesale Distribution Business

Start Your Own Wholesale Distribution Business

The combined efforts have pushed the company to success over the last few
years—right along with the national yoga and ... though most business owners
choose to incorporate through either an S corporation or LLC (limited liability
company) status. ... Smart Tip Because business incor- poration offers the best
form.

Author: Bridget McCrea

Publisher: Entrepreneur Press

ISBN: 9781613082836

Category: Business & Economics

Page: 101

View: 951

Like making deals and money but don’t care for the daily grind? Then consider becoming a middleman—the wholesaler—who buys goods from the manufacturer and sells them to retailers for a profit. With millions of products on the market already and new ones coming every day, the wholesale economy has plenty of room for growth. This easy-to-read guide covers locating manufacturers and retailers, securing product exclusives, and identifying prime locations for wholesale distributorship. With insider secrets for beating the competition and step-by-step instruction on how to start making money today, this fully revised third edition also covers he Internet’s growing role in distribution, effective strategies for dealing with shrinking profit margins, and specific product lines to focus on for maximum success.
Categories: Business & Economics

Start Your Own Fashion Accessories Business

Start Your Own Fashion Accessories Business

One of the most important steps you must take at the dawn of your new business
empire is to select a legal structure for your business. ... Finally, it helps to limit
your personal liability, depending on which legal form you choose, which can be
a lifesaver if some ... They include sole proprietorship, partnership, corporation,
and limited liability corporation (LLC). ... Assuming you pick the right partner(s),
you'll find the formation of a partnership quick and easy because there aren't any
 ...

Author: Entrepreneur Press

Publisher: Entrepreneur Press

ISBN: 9781613082355

Category: Business & Economics

Page: 224

View: 925

Basic updating of resources and interviews with successful owners in the fashion accessories business. Trendy entrepreneurs learn how to create and sell their own accessories, buy wholesale accessories for resale or establish their own online or traditional store. Our experts take them step by step from creating a business plan, to setting up a home workshop and office, exploring the market, managing finances, publicizing and advertising the business and much more. Industry professionals and practicing home-based business owners provide unique insights, tips and tricks to ensure success. This step-by-step guide gives aspiring entrepreneurs everything they need to know to turn their passion for fashion into a successful business.
Categories: Business & Economics

How to Incorporate in Any State

How to Incorporate in Any State

How to form a Corporation , LLC , or Partnership Series Forming a corporation ,
limited liability company ( LLC ) or partnership is easier than you think . If you can
put your name and address on a form , you can do it . Choosing the right type of ...

Author: W. Dean Brown

Publisher: Consumer Pub

ISBN: PSU:000045224485

Category: Business & Economics

Page: 196

View: 701

This year over a million people will pursue the American dream of starting their own business. This book comes with everything the businessperson will need to incorporate in any state, including the popular, no corporate-tax states of Nevada and Delaware. State-specific, detailed instructions guide the entrepreneur through the articles of incorporation and explain the filing process. The format and papers necessary to document the mandated organizational meeting are included. This book allows individuals to go through the incorporating process without the expense of hiring a lawyer or accountant.
Categories: Business & Economics

Nolo s Encyclopedia of Everyday Law

Nolo s Encyclopedia of Everyday Law

Author: Shae Irving

Publisher: NOLO

ISBN: 087337830X

Category: Law

Page: 490

View: 426

Answers questions about home buying and selling, disputes with neighbors, adoption, workplace rights, tenant's rights, small business, patents, finances, estate planning, and criminal law.
Categories: Law

The Entrepreneur s Bu iness Law Handbook

The Entrepreneur s Bu iness Law Handbook

In fact , the major disadvantage of this form of entity is the uncertainty that your
venture must face in the law . ... LLC ' s on the other hand , have unique issues
which may affect your venture that have yet to be decided in many state courts ,
and this ... A Limited Liability Company CHOOSING THE RIGHT FORM OF
BUSINESS.

Author: Sean P. Melvin

Publisher: Macmillan General Reference

ISBN: PSU:000033220666

Category: Business & Economics

Page: 242

View: 134

Filled with only essential, need-to-know information, this must-have handbook for small business owners tackles such problems as selecting the right type of organization, minimizing taxes, how to avoid being sued, collecting from customers, and what to do if a company goes in the red. Glossary.
Categories: Business & Economics

Limited Liability Companies For Dummies

Limited Liability Companies For Dummies

This clear, concise guide explains the pros and cons of LLCs and shares insider insights on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of ...

Author: Jennifer Reuting

Publisher: John Wiley & Sons

ISBN: 9780470262238

Category: Business & Economics

Page: 360

View: 961

Categories: Business & Economics

How to Form Your Own California Corporation

How to Form Your Own California Corporation

attribute is concerned , both the LLC and the corporation offer the same level of
limited personal liability protection . ... The Corporation See Form Your Own
Limited Liability CHOOSING THE RIGHT LEGAL STRUCTURE FOR YOUR
BUSINESS.

Author: Anthony Mancuso

Publisher: NOLO

ISBN: 087337455X

Category: Close corporations

Page: 304

View: 678

This book provides step-by-step instructions and all the necessary forms to incorporate in the Golden State. It also explains all the benefits, including limited liability, lower income taxes, employee perks and increased access to capital. Readers are provided with Articles of Incorporation, bylaws, stock certificates, Minutes of the First Corporate Meeting, S Corporation tax information and more.
Categories: Close corporations

Start Your Own Coaching Business

Start Your Own Coaching Business

someone sues your LLC, your personal assets cannot be seized (which is not the
case with a reported on the tax return of the business owner. ... If you're unsure
which business formation is right for you, just start out as a sole proprietorship. ...
that you can always change the name of your company, and your business will
naturally evolve from one form to the next as it grows. 4 / F i r s t S t e p s : S
e t t i n g U p Y o u r B u s i n e s s Choosing a Target Market N o matter where
you choose.

Author: Entrepreneur Press

Publisher: Entrepreneur Press

ISBN: 9781613081846

Category: Business & Economics

Page: 240

View: 365

The $100 billion coaching industry has exploded since the 1990s, as harried businesspeople turn to experts to help them make the right decisions and get motivated. And while there are many books on the market teaching the basics of starting a coaching business, this book covers three unique coaching arenas—motivation, life and business. Readers will learn how to master the two separate disciplines of a successful coaching business: the art of motivating clients and the science of running a successful business. They’ll discover how to establish their expertise to find new clients—and how to retain those clients. Smart pricing strategies and creative coaching package ideas will increase entrepreneurs’ revenue potential. Sales and publicity tips will further help entrepreneurs build their business as a motivational, life or business coach, and in-depth explanations of expansion ideas are included to allow readers to go as far as their dreams will take them.
Categories: Business & Economics