Starting an LLC
By Allan Wilson
Have you ever thought about starting your own business? Yes, might be, but you are
| not sure how to go for it. If you are thinking of Starting a Limited Liability Company, then don’t worry. The following article will explain you briefly all the steps required for starting a Limited Liability Company. |
The very first step towards Starting a Limited Liability Company is deciding the name for your company. You have to pick up a winning name for your business. Select a name that will identify the products and the services of your company. In many states, the name should also include “Limited Liability Company” or “LLC”, or any variation. Then you also have to ensure the business name you proposed is readily available and free for you to choose. See that it is not used by someone else already. You will have to do some research to find pout that another business is not using the name that is similar to that of yours.
The next step in forming a LLC is registering the name of your company with the local or the state government. Your business name gets registered automatically once you file your articles of organization and incorporation with the state office. This ensures that no other company will be able to use this name, because your name gets registered once and for ever with the state government.
Then you have to create as well as sign the operating agreement that will govern the workings of your company. It will make nom sense in running your
| company without an operating agreement. The operating agreement is of great importance as it guards the status of the company, heads the management and financial misunderstandings and ensures that |
your business is governed y some proper rules.
The next step in Starting a Limited Liability Company is filing your articles of organization with the Secretary of the State. You are also required to obtain the licenses fr-om the local, state or the federal government for forming your LLC.
Starting a Limited Liability Company is an essential resource for the real estate investors, small business owners as well as for the accountants. Its formation will, provide long term benefits to your business in the long run. To make your company run smoothly, it is always better to consult an experienced business attorney, as the laws for the formation of the company may differ fr-om state to state.
Allan Wilson owns and operates http://www.llc-company-corporation.com where you learn more about starting a lim ited liability company. Limited Liability Corporation