Articles of organization, the document needed to officially
register your LLC with the state.
Name check service, to confirm that your preferred business name
An operating agreement template, which helps you set LLC rules
An EIN, which is used to file taxes, open bank accounts, and
Guidance from an experienced business lawyer to help you through
the process and answer any questions you may have.
What is an LLC?
An LLC, which stands for limited liability company, is a business entity and
a way to set up a business legally . Making an LLC helps protect the business owner's personal
assets, much like a big company would, by keeping the business and personal things separate.
When it comes to taxes, an LLC often acts more like a business run by one person because
any money made or lost is reported on the owner's personal taxes.
If you're considering whether to form an LLC for your business,
consider these two questions:
Do I have co-owners or employees?
Does my business carry significant risk?
A "Yes" response to either question suggests that establishing an LLC could
be beneficial for your business.
If your business involves co-owners or employees, the possibility of legal
action is a risk to bear in mind. The protective 'shield' of an LLC becomes invaluable,
safeguarding the owner's personal assets from any potential lawsuits.