Tag: LLC

Tricky Corporate Terminology Tripping You Up?

What the heck is an operating agreement? What’s the difference between a member and a manager? What is double taxation, and how can I avoid it? Corporate terminology can be tricky, but it’s important that you understand all the lingo

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Members or Managers? How to Decide How to Manage Your LLC

When you form an LLC, you’ll fill out Articles of Organization and register them with the business division of your Secretary of State. This document asks some basic information about your business, including its name, address, type of business, and

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Do I Need a Registered Agent?

“Do I need a registered agent?” In our business incorporation department, we’re asked this question frequently. Let’s look into a few situations where you do need a registered agent—and when you don’t. Q.  Do I need a registered agent for

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Which Type of Business Is Best For Me? An Overview

Starting a business is tough. There are lots of things to think about—the industry landscape, your market, finding the startup cash you need—and which type of business is best for you is no less important a decision. Let’s take an

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Top Mistakes Made by Entrepreneurs Forming an LLC

A limited liability company, or LLC, is a form of business that is provides limited liabilities to its owners. This institution has certain characteristics of both a corporation and a partnership, thus it is sometimes misinterpreted as a limited liability

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LLC Documents – A Guide

There are two major LLC documents that you need in order to register your limited liability company: the Articles of Organization, and the LLC Operating Agreement. The serve different functions, but together they encompass virtually all of the crucial information

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