Publisher's Synopsis
What about the risks to your personal assets if you don't properly structure your company?
These are just a few examples of the innocent mistakes many people make when starting an LLC. But they're peanuts next to what's possibly the most common mistake among business owners - not knowing the ins and outs of LLCs before forming one. From intimidating paperwork and legal jargon to confusing requirements, it's easy to get overwhelmed - and worse, it's easy to make mistakes.
Inside this book, you'll discover:
- Explain why an LLC is the preferred choice for many entrepreneurs and why it is beneficial
- Walk you through the process of creating an LLC, from selecting a name to filing the proper forms
- Detail the different taxation options, how to convert an existing business into an LLC, and precautions to take when forming an LLC
- Cover the particularities of forming a real estate LLC
- Compare LLC to other structures and discuss when they're the most advantageous
- Summarize common mistakes to avoid and provide key recommendations, so you can get off to the right start
Like so many other entrepreneurs, I'm sure you have to devote a lot of your time to running your business. That's why I've condensed all the tips to avoid any hiccups and save big money in troubleshooting so you can focus on the thing that matters most step-by-step guide is designed to help novice entrepreneurs navigate the process of establishing and succeeding with an LLC effortlessly.
