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Limited Liability Companies For Dummies
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Limited Liability Companies For Dummies

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Description:

What is a limited liability company? How is an LLC different from a corporation? Should you form an LLC for your business? Limited Liability Companies For Dummies, answers all of your questions about LLCs and demystifies the formation and management of these increasingly popular business entities.

This clear, concise guide explains the pros and cons of LLCs and shares insider insights on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of your LLC. You'll also find valuable tips on creating your Operating Agreement, saving on taxes, and avoiding bankruptcy and fraud. You'll discover all the information you need to:

  • Decide if an LLC is right for you
  • Get the help you need to form your LLC
  • Form your LLC in or out of your own state
  • Lower LLC costs and fees
  • Convert an existing company to an LLC
  • Comply with state and local licensing issues
  • Use your LLC to protect your assets
  • File annual reports and research franchising fees
  • Issue membership shares
  • Dissolve or extend an LLC
  • Control LLC assets and debt
  • Keep your LLC intact

Packed with winning strategies for streamlining your business, protecting your assets, and passing your estate on to your heirs, Limited Liability Companies For Dummies gives you the power and the knowledge to take full advantage all the benefits your LLC has to offer.

Product Details:
Author: Jennifer Reuting
Paperback: 384 pages
Publisher: For Dummies
Publication Date: November 28, 2007
Language: English
ISBN: 0470173289
Product Length: 9.23 inches
Product Width: 7.44 inches
Product Height: 0.89 inches
Product Weight: 1.33 pounds
Package Length: 9.13 inches
Package Width: 7.32 inches
Package Height: 0.94 inches
Package Weight: 1.28 pounds
Average Customer Rating: based on 26 reviews
Customer Reviews:
Average Customer Review: 4.0 ( 26 customer reviews )
Write an online review and share your thoughts with other customers.


Most Helpful Customer Reviews

51 of 54 found the following review helpful:

5The best book I've read on LLC's!Apr 21, 2008
By onederin
I recently formed an LLC and wished I had read this book first, it would have saved me a lot of wasted time and money. It really is light years ahead of the other similar books I purchased both in information provided, and in the easy to read way it's presentated. What I especially like about it is everything is put into the proper context and all the dots are connected in a way that really helps the reader make sense of how a LLC should fit into their total business plan... I can't recommend this book enough.


36 of 37 found the following review helpful:

5a must readAug 04, 2008
By DDTJ "DDTJ"
We are in the process of becoming a LLC and I bought the book hoping for some answers in one syllable or less. This is a must read book for anyone thinking of forming a LLC. It answered all my questions and brought up some questions I need to ask my lawyer. I have had it only a couple of months and have read it twice and will probably refer to it again. It gives the lay person insite into the LLC and helps you answer questions about forming maintaining and ending a LLC.You need to read this before going any further into organizing a LLC. It also gives you alternatives to a LLC too. The version with the CD rom with it provides current forms that need to be filed with each state which is a plus.

27 of 28 found the following review helpful:

4Great introduction to LLCs!Jan 19, 2009
By Sean C.
I ordered this book after thinking about starting a real estate rental company. I've looked around at other books and read a bunch of reviews, and so far I've found this one to be the best introductory book that isn't half-filled with standard forms and filler (those forms come on the included CD).

The book specifically suggests how to form an LLC for real estate businesses, so it was perfect for me. The author goes on to say that everyone should form an LLC to protect their assets from personal lawsuits (which, while expensive in some states, not a bad idea). The chapters are self contained and cross referenced so you can jump around to what's pertinent to you, and it's easy to jump from setting up ownership (chapter 2) to how to cancel membership shares (chapter 10).

The only thing that could be better about the book is more information on state-specific laws and regulations. There's an appendix section on different state fees and franchise taxes, but that's about it.

It's easy to read and things are put in layman's terms, but that's not to say it's dumbed-down. If you own a small business or are thinking of starting one, buy this book. It's definitely worth the price and the time it takes to read.

Oh, and buy a highlighter!

14 of 14 found the following review helpful:

5An absolute must-read for anyone forming an LLCDec 16, 2008
By R. McClard
This guide is clear, concise and an absolute must-read for those starting an LLC.

Before I picked up this book I was completely in the dark, but for every question I had there was a simple and easy to understand answer.

I've recommended to several friends that are thinking of starting businesses in the New Year.

12 of 12 found the following review helpful:

5Very useful!Dec 21, 2008
By YasVO
Great guide on setting up an LLC. It's very thorough, very useful, and I am so thankful that I read through this before diving in. The book addresses a lot of my concerns and also brings up points that I didn't even know I should be thinking about. Great guide - in fact, I find most of the Dummies series to be useful.

See all 26 customer reviews on Amazon.com
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