Starting an LLC with LegalZoom
A big decision that you are faced with if you decide to become an entrepreneur is what structure you going to form your business as. You have a few choices as far as deciding on a small business entity. For example, your business can be a corporate structure, a limited liability company, or a sole proprietorship.
A very desired company structures that is used today is the limited liability company, or what is more commonly referred to as an LLC. With a limited liability company, your company has many of the advantages of a more traditional corporate structure, without a lot of the formalities required of a corporation. As a good idea, you should always consult a competent professional before you choose which business structure you are going to go with.
When you consider creating an LLC, there is the choice of utilizing a web based business incorporation service solution such as LegalZoom. LegalZoom offers limited liability company creation services starting at only $149, plus state filing fees, which saves you a considerable amount of money versus using a legal firm. LegalZoom handles all of the state required forms for you, and gives you the appropriate paperwork to efficiently run your LLC as your state requires.
If you decide on forming an LLC, and you set up your LLC and run it in the proper fashion, you are giving yourself a certain degree of personal liability protection that does not exist if you were operating as just a sole proprietorship. Of great importance is that you decide on business structure that will give you the personal liability protection that you need in the current lawsuit happy environment of today.
Forming an LLC is a great choice if you want to become an entrepreneur. Always check with a professional before you make a decision about your business structure, but you probably will be told that you cannot go wrong with a LLC. Using a web based business incorporation service solution such as LegalZoom is a smart choice, because you will be saving both time and money and you will be forming your business correctly.