F.A.Q: How do I form an LLC?

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It is easy and inexpensive to form an LLC, but the specific steps of how to do so tend to vary from state to state. As a result, check with your specific state. Typically, the steps include the following: — Choose a business name that is different from existing LLCs in your state — File paperwork (Articles of Organization)  — Pay a filing fee (anywhere from $100 … Continue reading →

F.A.Q: What is an LLC?

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A limited liability company (LLC) is a fairly simple business structure. The main reason to form an LLC is to limit personal liability because LLCs have their own existence. The LLC owns the business—not the people forming it. LLCs enter into their own contracts and deals, can sue and be sued, and are liable for their own debts and obligations.