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Limited Liability Companies For Dummies

Limited Liability Companies For Dummies

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What is a limited liability company? How is an LLC different from a corporation? Should you form an LLC for your business? Limited Liability Companies For Dummies, answers all of your questions about LLCs and demystifies the formation and management of these increasingly popular business entities.
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 your LLC. You'll also find valuable tips on creating your Operating Agreement, saving on taxes, and avoiding bankruptcy and fraud. You'll discover all the information you need to:
Decide if an LLC is right for you
Get the help you need to form your LLC
Form your LLC in or out of your own state
Lower LLC costs and fees
Convert an existing company to an LLC
Comply with state and local licensing issues
Use your LLC to protect your assets
File annual reports and research franchising fees
Issue membership shares
Dissolve or extend an LLC
Control LLC assets and debt
Keep your LLC intact

Packed with winning strategies for streamlining your business, protecting your assets, and passing your estate on to your heirs, Limited Liability Companies For Dummies gives you the power and the knowledge to take full advantage all the benefits your LLC has to offer.