Comments on: How to Form a Limited Liability Company (LLC)

By: Thomas richard Bush

Thomas richard Bush — Sat, 08 Oct 2011 21:04:15 +0000

In June of 1990, I transferred assets, listed below, of my rowing shell building and sales company to two primary people. I was presented with 100 shares of stock in their company in exchange for two fiberglass molds for poducing two rowing shells, various parts and equipment for finishing these boats as they are produced, a completed sales promotion, video, certain propriety methods for building lightweight Rowing shells. Recently I found the company has been transferred to an individual and the name of the corporation name changed. As a minority shareholder, I was never advised of any activities, net worth, personnel changes of either company. The net worth of both corporations have a direct relationship to the value of my 100 shares. The corporation was limited to issuing 1,000 shares, thus my shares are equal to 10% of the true value of the old/new corporation. How can I get monitarily compensated for the value of my stock?

By: Street » Blog Archive » Form a business

Street » Blog Archive » Form a business — Sat, 11 Jun 2011 22:23:23 +0000

[...] How to Form a Limited Liability Company (LLC) вЂ” Business Plan Help … Share By now, you're probably familiar with the advantages of running your business as an LLC: limited liability … [...]

By: Towering » Blog Archive » How to form a business

Towering » Blog Archive » How to form a business — Sat, 11 Jun 2011 19:59:32 +0000

By: lawinc

lawinc — Tue, 11 Jan 2011 06:07:22 +0000

Forming an LLC is an excellent way for business owners to shield their personal assets. LLCs are also very beneficial to real estate investors. LLCs are one of the best means for holding real estate and other appreciating assets.

By: lawinc

lawinc — Fri, 26 Nov 2010 02:00:17 +0000

Your company has grown — now it’s time to upgrade your legal structure to something that will protect you and your assets, as well as provide other benefits. In other words, your business is ready to become either a corporation or a limited liability company.

By: lawinc

lawinc — Mon, 23 Aug 2010 01:40:35 +0000

If you’re going to start a business with somebody else,. Forming a partnership is usually the most common approach since it’s easier and cheaper to manage than the corporate cousins; namely the Corporation and Limited Liability Corporation.

By: Bob M

Bob M — Mon, 26 Oct 2009 02:41:13 +0000

You can set up any type of legal business using the limited liability company or LLC as the legal structure or form of entity. The articles of organization in most states provide for a purpose clause similar to this: “any and all legal business.” Some states require a more specific description of the business activitity but again, any legal or lawful business activity can be conducted using an LLC. The LLC and S corporation are similar in many ways and even more so now that LLC’s can elect S corporation tax status. Both LLC’s and S corporations are good entities and you won’t go wrong using either one but my recommendation for most small businesses is the LLC which elects S corp tax status.

Bob Montgomery
Business Attorney

By: subhi tayeh

subhi tayeh — Wed, 26 Aug 2009 19:05:51 +0000

Attention anyone that is reading this. Can I open a cellular phone business under a Limited Liability Company

By: Mark Garso

Mark Garso — Mon, 20 Apr 2009 14:11:29 +0000

Great Information and Very Helpful
Mark F Garso, 36

By: Laura-Jill

Laura-Jill — Tue, 14 Oct 2008 12:15:33 +0000

Thank you thank you. I could not find this information so easily laid out and accessible anywhere else.
I’m a single entity looking to create an LLC. I’m not in a position to hire a staff to take care of it for me. Thank you for the information!