For the small business owner, time can come at a premium. Especially in the early days of getting a business up and running, you may find that there are simply not enough hours in the day to get everything done. In addition to developing your product or service, you also need to create a sound business plan that outlines your budget and projects future earnings. You may also need to lease office space or a retail front, which may also include construction or renovations. Deciding who to hire is also an important series of decisions, as your team is only as strong as its weakest link. During this stressful time, you should try to do everything you can to position your business for success. This can mean designating your business as a limited liability company (LLC), which can offer tax and liability incentives. If this is a pathway you wish to pursue, you may also want to know how you can complete an LLC online application to save yourself some time.
If you have worked in the business world, the concept of an LLC is likely familiar to you. LLCs are a common choice among entrepreneurs both seasoned and new alike. They are, of course, just one way in which you can structure a business, though. For some, a general partnership (GP) or limited liability partnership (LLP) can make more sense. Others may choose to incorporate their business so that they can better generate outside investment. In truth, the LLC is pretty tough to beat, though, as it is easy to set up and maintain. Read on to learn more about how you can launch your LLC online.
Why Fill Out an LLC Online Application?
When you form a limited liability company, you are designating your business as its own legal entity, one which is owned by its members. Members in an LLC can enjoy the concept of limited liability protection. What this means is that should your business face lawsuits or a potential bankruptcy, members will be able to shield their personal assets. This can take a great deal of risk off the table when it comes to starting a business. An LLC will also receive pass-through status with the Internal Revenue Service (IRS). This allows you to pass gains and losses generated by your business to its members before they are taxed.
To start your LLC, you will want to start by seeing what the requirements are in your state. Typically, you will need to select a name for your business that is not already registered as an LLC. You will also need to appoint a registered agent to handle legal correspondence on behalf of your business.
Fill Out Your Forms Now
You can select your state from our side navigation menu and from there you will be brought to a landing page containing our LLC forms. With a small collection of information, you can complete your articles of organization in just a matter of minutes. We will then process your application online and let you get back to work growing your business.