3 Reasons to consider forming your business as an LLC

Our Own Start-up

Here are three reasons that you should stick to forming your business as an LLC over other entity options. Startups business as an LLC forming your business as an LLC set up your small business start your own business

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How To Start An LLC


For those considering taking their businesses to an official level, here are some helpful tips for how to start an LLC. What Is an LLC? An LLC is a type of legal structure for a business. When your business is an LLC, your personal assets are protected against business debts.

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How to Form a LLC

Up and Running

You might want to consider a limited liability company, or an LLC, because in some ways you get the best of both worlds: You get the benefit of personal liability protection, as you would with a corporation. Who can form an LLC? The good news is that just about anyone can start an LLC.

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Should You Choose An LLC Or Sole Proprietorship?

The Startup Magazine

An LLC is vastly different than a sole proprietorship, for instance, and picking the wrong business model could result in market failure later on down the line. Should you choose an LLC or a sole proprietorship? The post Should You Choose An LLC Or Sole Proprietorship?

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3 Things Every Entrepreneur Must Do Before Starting An LLC


There are plenty of things you can and should do before starting your Limited Liability Company (LLC), but here are three big recommendations to keep in mind. So before you start your LLC, scrape up as much money as you can. by Dustin Ray of Incfile.

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How to Convert Your Business to an LLC

The Startup Magazine

This would lead them into choosing ownership between a sole proprietorship status and a limited liabilities company or LLC status. From the looks of it, converting your business into an LLC is more practical than to consider it a sole proprietorship.

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Investing In Real Estate: Should I Form An LLC?

YFS Magazine

It is important for investors to understand the characteristics of an LLC to determine the best practice in structuring each investment. Finance Grow investing limited liability company LLC money real estate investing

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Corporation or LLC? Business Organizations for Tech Startups.


In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). When an LLC allocates income to owners (i.e. This can also vary as you grow and as some owners pull back from managing the LLC. Verdict : LLC. Verdict : LLC.

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[Interview] Dr. Chuck Bamford, Author, Educator, And Founder Of Bamford Associates, LLC


I started my strategy consulting business (Bamford Associates, LLC) on a full-time basis almost seven years ago. The post [Interview] Dr. Chuck Bamford, Author, Educator, And Founder Of Bamford Associates, LLC appeared first on Young Upstarts.

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A Guide to Crafting Your LLC Operating Agreement

Up and Running

An operating agreement is the document that sets the rules for your LLC. In this article, we’ll talk about how to create your own LLC operating agreement, what you should include, and where you’ll need to keep it when you’ve made one. Should I have an operating agreement for my LLC?

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LLC vs. S Corp: What’s The Best Setup For Your Startup?


This means considering LLC vs. S Corp. An LLC combines many of the characteristics of a corporation, a partnership and a sole proprietorship. Advantages of an LLC. by Tricia Hussung.

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WiseCrest LLC on The Benefits of Startup Investing

The Startup Magazine

Industries, like clean energy or cannabis, hold promising futures and many companies in these sectors, like WiseCrest LLC allow investors to make investment decisions with a group of investors. The post WiseCrest LLC on The Benefits of Startup Investing appeared first on The Startup Magazine.

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How to Start a Real Estate LLC – What You Need to Know

The Startup Magazine

For a real estate entrepreneur, a Limited Liability Company (LLC) is a great way to protect your personal property from seizure due to liability claims. Before you start your real estate LLC , you need to put these 8 things into consideration: Source: Pixabay.

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Small Business Saturday Spotlight: Mike the Gardener Enterprises, LLC

Up and Running

Appropriately located in the Garden State of New Jersey, Mike the Gardener Enterprises offers a seeds of the month club, gardening tips, and many other tools to help anyone become a master home gardener.

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Small Business Saturday Spotlight: Social Media Management, LLC

Up and Running

Based in Phoenix, AZ, Social Media Management, LLC uses social media to connect local companies with local clients. They are offering free initial consultations to all business owners for Small Business Saturday. For more information visit their Facebook page: https://www.facebook.com/smmnow. Business Management PR and Communications Sales and Marketing Starting a Business

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8 Key Rules for Starting a Business on a Shoestring

Startup Professionals Musings

A limited liability corporation (LLC) can be formed in most states for less than $100 directly through the Internet without legal assistance. entrepreneur LLC shoestring budget startup

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8 Reasons To Incorporate Your New Company Early

Startup Professionals Musings

It’s very easy and inexpensive to set up online a Limited Liability Company (LLC) for the startup, which will allow you to track business costs, cash and taxes correctly -- no matter what happens. C-Corp incorporate LLC new business S-Corp startup

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Infographic: What the Heck is an LLC?


The kind folks at Intuit have posted this infographic on their blog this week that describes what a limited liability corporation is and how it stacks up to other kinds of corporate entities.

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Tax Concerns for Startups: Common Mistakes to Watch Out For

The Startup Magazine

To avoid personal liability on account of business-related debts to both creditors and the IRS, an LLC or a C-corporation would be the ideal structure. Neglecting Form 8832 as an LLC.

How to Minimize the Red Tape and Taxes of a Startup

Startup Professionals Musings

If you aren’t so sure, need something fast, or need to keep your costs low, then an LLC is the best legal and taxable entity to facilitate your startup. Any LLC or S-Corp can elect to be treated for tax purposes as a sole proprietorship (Schedule C) or partnership (Schedule K).

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3 Tips for Keeping Your Business in Compliance With the State

Up and Running

Filing your new business as an LLC or a corporation is a smart decision for a number of reasons; it enables you to save on taxes and protect your personal assets, and it gives your business a sense of professionalism, to name a few.

Rusty Tweed Explains How to Structure a Business

The Startup Magazine

Meaning, one will enjoy the profit-sharing days but not be a victim of any irresponsible behavior coming from others within the LLC. Prior to the commencement of any large entrepreneurial project, one must go through the rigorous process of setting their business up.

Popcornflix iPhone and iPad Apps For Free Movies On The Go


“We developed these iPhone and iPad apps to be state-of-the-art, easy and fun to use,” says Gary Delfiner, senior vice president of Digital Distribution for Screen Media Ventures, LLC, the parent company of Popcornflix.

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Reasons to Use a Registered Agent Service

The Startup Magazine

If you are trying to form an LLC or another form of corporate registration, then you know what a registered agent is. Additionally, registered agent services make it possible to form an LLC in a different state or have a presence in multiple states.

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Incorporating Your Business: Tips to Follow

The Startup Magazine

In this sense, you have the choice between a limited liability company or LLC, or a C-Corporation. Going the LLC route, you are not obliged to pay corporate taxes; instead, you will be governed by a pass-through taxation system.

The Complete Guide to Registering Your Business Name

Up and Running

To register your business name this way, you’ll need to register your business structure, such as a limited liability company (LLC) or a limited partnership (LP), a corporation, or a nonprofit. Some states require a notice of intent to form an LLC, but not all states will.

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Colorado Small Business Legal Checklist

The Startup Magazine

These can include: LLC (Limited Liability Company): An LLC is a legal entity for sole proprietors that gives a business entity a tax identification number and the ability to open a business bank account separately from a personal bank account.

What is a Social Enterprise?

Up and Running

An L3C is a variation on an LLC, essentially a hybrid form of a nonprofit and for-profit company. The organization is designed so that it can function generally as an LLC would, while legally accepting foundation grants because of the organization’s socially beneficial goals.

4 Tax Filing Tips for New Startups

Up and Running

How should I tax my LLC? Plan your LLC tax structure. As stated on the IRS’s website , an LLC can be classified and taxed as a sole proprietorship (single member), partnership (multi member), or a corporation (single or multi member) for federal tax purposes.

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If I register a sole proprietorship or a partnership, how will I pay myself?

Up and Running

Sole proprietorships and partnerships are both more straightforward than Limited Liability Companies (LLC) and Corporations. However, unlike in a LLC or a corporation, you will be held personally responsible for any failings on the business’s part.

The 5-Second Guide to Choosing Your Startup’s Legal Entity

The Startup Lawyer

Tags: Incorporation corporation LLC

The 5-Second Guide to Choosing Your Startup’s Legal Entity

The Startup Lawyer

Tags: Incorporation corporation LLC

The Three Questions Every Start-Up Should Consider When Forming a New Business

Up and Running

Every start up faces three initial decisions: (1) Should I form a LLC or corporation?, (2) SHOULD I FORM A LLC or CORPORATION? Incorporated, Ltd, LLC) to put the world on notice not to look to you personally for the liabilities of the business.

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How Do You Grow Your Business With A Side Venture?

Up and Running

If you incorporate or turn your business into an LLC, you can treat it as a parent company, and then list it as the owner of any subsequent corporations or LLCs.

More Tech Startups are LLCs

Austin Startup

Over the past few years, we’ve seen a noticeable increase in the number of emerging tech companies that, despite knowing all of the reasons why startups favor C-Corps, deliberately choose to organize their company, at least initially, as an LLC. But the C-Corp / LLC mix has, for us at least, moved maybe from 95/5 percentage-wise to about 85/15. If you are an LLC tech startup, you need tax counsel. legal llc texas wisdom startup

Small Business Spotlight of the Week: MyCorporation

crowdSPRING Blog

Though its premiere services are helping businesses incorporate or form an LLC, they also provide filings for trademarks, copyright, 501(c)(3) tax exemption, and much more. A corporation or LLC provides a barrier between the personal assets of the owner and the assets and liabilities of the business. Awesomeness community inspiration Interviews Small biz spotlight Small business asset protection document filing incorporating legal LLC small biz small business

Three Things to Consider Before Starting your Business in Another State

Up and Running

In some cases, forming an LLC or corporation in a state other than the one the company primarily does business is a good idea. A business that incorporates or forms an LLC in one state, yet still wants to do the majority of its business in another state, will have to qualify as a foreign business entity in the latter state. Clearly, for some small businesses, incorporating or forming an LLC outside of its home state may not be a great idea.

The Real Deal: Steve Mann on Neuro-Digital Marketing and the Quest for Joy

deal architect

This time it is Steve Mann, former CMO of LexisNexis North America and who now leads AbleBrains LLC, a digital marketing consultancy. This continues a series of columns from practitioners I respect. The category "Real Deal" describes them well.

Overview of the Types of Non-Profits

Business Plan Blog

Another option for your non-profit is to form a limited liability company (LLC). A LLC offers legal protection similar to that of a corporation but is easier to form and manage.

The Four Non-Profit Structures

Business Plan Blog

The LLC structure provides personal liability protection for the directors and officers of a non-profit but is easier to file for and manage compared to a corporation. A non-profit LLC can file for federal tax-exempt status.

A Good List of Business Plan Competitions

Up and Running

I say hats off to the people at JFH Innovative LLC in Pittsford, NY, who are running that site. Tags: business plan contests bizplancompetitions.com business plan competition business plan contest JFH Innovative LLC

3 Stories of Great Lean Startups Launched

Up and Running

Kael Robinson of Live Worldly LLC sells bracelets to athletes online. Tags: bootstrapping startup stories Floor Works Food Tour Corp lean startups Live Worldly LLC WSJ If you have a chance, read through Entrepreneurs Who Launched Companies for Under $150 on WSJ.com. Too many people thinking about startups think it’s impossible without finding money from outsiders, and these three stories are about just the opposite.

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What Kind Of Company Should You Create?


Limited Liability Company (LLC). An LLC is a common choice of business entity for many startups because of the flexibility it provides in the company’s often fluid early lifespan. The LLC structure also protects personal assets from seizure in the event of a lawsuit in most cases.

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