Customer Rating: Summary: Great Book! (But CD-ROM is useless) Comment: If you're thinking of forming your own LLC, I highly recommend this book. You probably will NOT need to spend hundreds of dollars on those on-line corporate registration services to do all this for you. Most of the states have made it easy to form a company, because so many companies are small businesses. And small business is the backbone of the U.S. economy. Get this book, study it, draw up your plans based on it, ignore LegalZoom and MyCorporation, and you'll be set.
But don't expect anything from the CD-ROM that comes with the book. It doesn't work. I tried to talk with Nolo about this, but they referred me to Amazon. Amazon sent a replacement when my first disc wouldn't run on my machine. Neither did the second. It's okay. Most of the forms are available either on-line or as tear-outs in the book. And it's easy to draft your own originals based on the examples in the book. Customer Rating: Summary: Form it! Comment: This book is well laid out, gives you short cuts to critical information and does not 'preach'. It evaluates any possible ambiguities and basically holds your hand through the whole process. It has references and resources for every state and covers all possible variations of ownership and management. It was easy for me to find the critical steps relevant to my situation. It is a 'general' reference so you do have to figure what you need, but that is easily achieved with the way the book is formatted.
I started a Nevada based company using this book and found it well worth the money.
Start an LLC, make loads of money and live a good life, this book will get you started. Customer Rating: Summary: Clear and concise Comment: In our case, this book was more of a help with planning than providing the actual legal forms necessary to legally form an LLC. Here's why, in our state, if you have internet access and a printer, it's very simple. All you need to do is fill out one on-line form provided by the state, print it, write a check for the fee, mail it, and wait.
What a book like this does is give you confidence that it is really just that simple. There are plenty of services on the internet, including services advertised on the website of the publisher, NoLo, that want to charge quite a bit more to do the work for you - or I'm sure you can find a local attorney who will also do the work for you, probably for an even higher fee. Maybe that's what you need, but for our small business, we found our startup money better spent on marketing and sales promotion than legal fees.
The one thing that was missing for me in this book, thus only 4 stars, was any discussion on LLC location. We needed additional research to satisfy our questions here.
Finally, we were able to use one of the legal forms on the CD as a template for our LLC operating agreement between members. That was handy and important, though in our state not a required document to form an LLC. Customer Rating: Summary: A Lot of Information about this new Business Model Comment: A limited liability company is a relatively recent addition to the traditional forms of companies. It has some fo the advantages of a corporation, and the tax advantages of a partnership, sole proprietorship or corporation depending on the desires of the owners. It is not suitable for all organizations, but if you are considering one, here is the place to start.
If you go to an attorney to get him to set up an limited liability corporation, he will ask you a bunch of questions, write down the answers and get his secretary or paralegal to type these answers into their standard LLC form on their word processor. She will then press the print button and you get billed for a thousand dollars or so.
Anthony Mancuso is a corporations attorney licensed to practice law in California. He decided to take his standard corporate form and put it out in the form of a book. In the book he will ask you a bunch of questions, taking the time to point out the alternatives (that a lawyer probably doesn't do unless asked. You then take his standard corporation form (supplied on a CD) and fill in the answers. Files these with the appropriate offices and you have a corporation for only the filing fees the state charges.
Well, maybe it's not quite that easy. The LLC is a new form of business. I'd suggest that you read and consider the forms contained here, but then I'd have an attorney in your state review them, just to be sure. Customer Rating: Summary: Form Your Own Limited Liability Company Comment: Straight to the point book, could possibly have more examples of Articles pertaining to Non-profit organizations.
Forming a limited liability company gives you the best of two business worlds -- the informality and tax benefits of a partnership or sole proprietorship and the personal protection from business debts of a corporation.
Form Your Own Limited Liability Company provides you with the step-by-step instructions and forms you need to form an LLC in your state, without the expense of hiring a lawyer. This bestseller covers how to:
*choose a valid LLC name
*prepare and file articles of organization
*set up a member-run or manager-run LLC
*take care of ongoing legal and tax paperwork
The 4th edition has been carefully revised and updated to reflect the latest IRS tax rules for LLCs, and now provides helpful checklists throughout. It also provides the most recent changes in all 50 states' laws. The forms you need are included as tear-outs and on CD-ROM.
