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Publisher's Summary

This will be last book that you'll ever need to set up your business the right way.

The chief purpose of this book is to help you get a complete big-picture view of LLCs.

Specifically, you'll understand the pitfalls that have been left by the uninformed entity creators. These pitfalls are many and dangerous to the legal health of the LLC entity.

By understanding how the LLC is formed and managed, you'll be in a better position to invest wisely.

©2017 Stuart Broad (P)2017 Stuart Broad

What members say

Average Customer Ratings

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  • Overall
    3 out of 5 stars
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Not a fan

The material of the book was good, but the narrator ruined it for me. The book is just under 2 hours long, but it felt like it was 20 hours. Sample the book to make sure you can handle the narrator.

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    1 out of 5 stars
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Way too slow

Makes you wonder if the performance copy had awful punctuation (in which case the narrator did a great job of reading it exactly as he saw it) OR the narrator is awful. I've never heard such a monotone and choppy performance before, complete with mispronunciations! I'll give some leeway as I have a hunch that the narrator is not from the U.S.... maybe Canada.

Other than that, the material is okay but you get what you pay for. I found this to be more of a simple reading of the regulations than a TEACHING of the regulations. This book could have definitely used more layman's terms.

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Tremendous value for your time and money

This is intro level of course, but for that, I'm well satisfied. A mix of simple examples with crucial terminology keeps it moving. This is effective to flag some of the prominent factors and complexities faced when deciding what organization to use, and it has some practical tips about getting further help. Plenty of short budget-priced introductory level audiobooks I buy here end up disappointing me, but not this one.


Really broke the terms and concepts down. I listened to it first next ill get my pen and paper and write thing down. Awesome book.

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    5 out of 5 stars
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Easy to understand!

Any additional comments?

This book is a quick and concise guide that explains the ins and outs of starting and running and LLC .. I myself will be soon starting my own business so I bought this book to help me see clearly which path to take. It definitely opened my eyes to the pros and cons of starting a Limited Liability company, and I've actually decided to hold off on creating an LLC now until I get revenue coming in on a higher level. This decision is based on the information provided in this book.

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Good prep for a conversation with a professional

What about Benjamin Holmes’s performance did you like?

yeah...the performance made by Benjamin Holmes was excellent..

Any additional comments?

When I started the process, I often said to myself, "If only there was a guidebook on how to do all this stuff!" Turns out there is--and this is it! If only I had gotten this book when starting out, I really could have saved myself a lot of headaches and time due to mistakes on my part. The book has comprehensive chapters and sections on issues like taxes, asset protection, and management that focuses on the legal aspects of running a business and strategies to save time and money. Overall, it's a solid investment for those who are thinking of starting their own LLC, or for those who have one but want to use it in more effective ways.

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Continued Good Books

Any additional comments?

Excellent book that entrepreneurs and investors should not stop reading to increase our chances of financial success.
It contains specialized information on asset protection strategies for both individuals and business owners, and this edition is up to date with the new tax laws and obligations. I did not read any of the previous editions and can not make a comparison. What I can say is that the many examples of different situations make the strategies more understandable and affordable.

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Mandatory Reading!

I really appreciated the way the author created scenarios as examples to help the reader understand this complex information. Consequently, his explanations of this difficult business subject matter was easier to digest. I would highly recommend this book for any novice to read when starting a company, as well as, an excellent refresher for professionals too.

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Useful Advice

It can be nothing but daunting to decide how to structure your business. Any sound businessman will look for the best advice and resources out there to help them get set up. They have to look no further than Sutton's book. It is choke full of sound legal advice that makes seemingly incomprehensible legal jargon make sense, business strategies tried and tested throughout time, and personalized case studies to guide you in the making the best decisions, all while reiterating the mantra that has been used by successful business men throughout the years-protect and grow. Make this your business "Bible" to achieve success in your endeavor

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I recommend listening this book

Hoping to learn more about Business and managing your assets? Ever thought of starting an LP or LLC? Then I recommend reading this book. Garrett Sutton's "How to Use Limited Liability companies & Limited Partnerships" is very easy to read and will appeal to those interested in learning about LP's, LLC, and general partnerships without getting caught up in hard to understand dialogue. At the start of the book Sutton recommends getting a general advisor that can help explain anything that he misses. I found that to be a brilliant suggestion because many other books claim to teach you all you need to know, while not giving complete information.

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Worth recommending

Such an informing book! I am not really familiar with the subject because I do not have enough knowledge about things like this… But there are time that I got curious and decided to know more just to add some new learning. So, I tried this and good thing I find it a nice subject. It’s informative and it makes me learn more about it. The book has information listed for the readers to have a brief knowledge on what this is all about. I can say that, this book is informative! I learned new things and I did not expect it to happen. To say, send my regards to the author. I appreciate this book. Really worth recommending!