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A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability Company. Owners of an LLC are called members.
Articles of organization can usually be completed online or by using a form available on your Secretary of State’s website. You’ll need your LLC's name, the name and address of its registered agent, and other basic information, like how it will be managed or the names of the LLC owners.
Starting an LLC is easy. Here’s a step-by-step guide for how to form an LLC. 1: Decide Where to Form Your LLC. To start an LLC, you must file paperwork with the state. Most small business owners will file in the state where their business is located.
Setting up an LLC is a great way to start or evolve an existing business. Even if you think it's time to form an LLC, you may feel the process to establish an LLC seems overwhelming.
An LLC operating agreement is a legal document that outlines the ownership structure and member roles of your new LLC. Although most states do not officially require you to have an Operating Agreement in order to form an LLC, it's still a good idea to have one. There are six main sections of an operating agreement:
Forming an LLC shouldn't be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! LLC University® teaches people how to form an LLC for free in all 50 states.