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Publisher's Summary

This book is a good guide for you to follow if you want to enter into business and you are not sure how to go about it. It indicates the advantages that an LLC has over other forms of businesses like sole proprietorships, partnerships and even corporations. You will also learn how to operate within the law and yet avoid unnecessary expenses through taxation and administrative costs. In a nutshell, this book takes you through the basics of forming an LLC and answers most of the questions that disturb a new investor. The information in the book leaves you feeling confident of being able to initiate your own company, finance it, run it and even distribute profits in a manner that is sustainable.

In this book you will learn:

  • The basics of forming a limited liability company (LLC)
  • How to choose a name for your LLC
  • Where and how to get funding for your LLC
  • Accounting and bookkeeping of your LLC's financial transactions
  • The management structure of an LLC
  • How to run an LLC using the operating agreement
  • How LLCs are taxed
  • Your rights as a member of an LLC
  • Your obligations as a member of an LLC
  • Things you need to avoid for the success of your LLC
  • The limitations of an LLC
  • The simple procedure of changing the LLC's membership
  • The simple procedure of dissolving an LLC
  • Reasons that lead to involuntary dissolution and how to handle it
  • How to get back into business after dissolution of the LLC
  • The difference between an LLC and a corporation

If you're the owner of a small company that would like to bring in partners or would just like the protection a limited liability company offers, then download today to find out how incorporating can help you!

©2016 Open Spirit Publishing, LLC (P)2016 Open Spirit Publishing, LLC

What members say

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Good

The info in the beginning was great, after probably Chapter 10, it got a little redundant. However I learned a lot reading/listening to this book and would recommend it if you don't know the basics of an LLC.

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A great book, especially for a beginner.

Very informative and easy to listen too. I totally recommend this book to anyone starting a LLC. I learnt a lot from just one book.