Creating an LLC with LegalZoom
One of the biggest decisions that you are faced with if you make the choice to become an entrepreneur is figuring out what kind of an organizational structure you are you going to operate your business under. You have several choices when it comes to choosing a small business structure. As an example, the small business can be a corporate structure, a limited liability company, or a sole proprietorship.
A very desired business structures currently being used is the limited liability company, or what is more commonly referred to as an LLC. With an LLC, your business has many of the benefits of a more traditional corporate structure, but not all of the reporting requirements of a corporation. Of course, you should always consult a competent professional before you choose which business structure you are going to go with.
When you consider incorporate LLC, you have the option of using an online LLC formation company such as LegalZoom. LegalZoom offers limited liability company creation services starting at only $149 (plus state filing fees), so they are a very affordable alternative to using a traditional law firm. LegalZoom handles all of the required state forms for you, and gives you the paperwork you need to be able to run your LLC as your state requires.
If you do go with LLC formation, and you create your limited liability company and run it the correct way, you are affording yourself a certain amount of personal liability protection that would not be there if your company was operating without any formal structure. Of great importance is that you decide on business structure that will give you the personal liability protection that is necessary in the current lawsuit happy environment of today.
Creating a LLC is a wise decision if you are going to go into business for yourself. Always check with a professional before you choose your business structure, but most likely you will be advised that there is nothing wrong with using a LLC. Making use of an online LLC creation company like LegalZoom just makes sense, as it will save you time and money and you will be forming your business correctly.
