Starting your own business can be an exciting, if uncertain, time in your life. If you have spent enough years toiling away using your expertise to help someone else’s bottom line, it may be time to venture out on your own. By using your professional experience and knowledge of your industry, starting your own business can potentially give you an uncapped livelihood and limitless possibilities for growth. Of course, there will be a lot of preparation and long hours required at the outset of launching your own business venture. You will need to make a number of important decisions regarding the products or services you will provide, the team you will hire, and where you will ultimately locate your business. You may also want to consider how you will legally structure your business and whether or not a limited liability company (LLC) is right for you. If you do decide to move forward with that particular structure, you are going to want to learn a bit about how to complete an LLC online application.
LLCs, as opposed to, say, limited liability partnerships (LLPs), are available in all 50 states. Depending on the guidelines issued by your local Secretary of State’s office, the requirements for registering your LLC may vary, though there tend to be some common steps to complete. For example, nearly everywhere, you will need to select a completely unique name for your LLC when registering it in your state. Some places will require you to include the words “limited liability company” or “LLC” in your name, while others will not. You will also need to choose a registered agent–this person will handle all legal, government, and tax correspondence on behalf of your business. Finally, you will need to complete articles of organization, which you can do using our simplified, easy-to-fill web forms.
Why You Should Consider an LLC Online Application
Limited liability companies tend to be popular legal structures among both new and seasoned entrepreneurs alike. The reasons for this are many, but fundamentally, they are relatively easy to set up and maintain, and they come with an assortment of legal and tax benefits that are worthy of your consideration. One of the main draws to creating an LLC is that it grants you the protection of limited liability. This means that in the event your business should go bankrupt, you and the LLC’s other members will be able to protect your personal assets from any potential legal judgments. As you can likely imagine, that alone removes a considerable amount of risk from the idea of starting your own business.
In an LLC, you will also receive “pass-through” status with the Internal Revenue Service (IRS). This means that profits earned by your business will not be subject to taxation until they pass through to the members of the LLC, who will then pay taxes on their personal income. This can be a major boost to your organization’s bottom line.
Form Your LLC Online Today
If you would like to draft your articles of organization, use our web templates. Simply locate your state on our side navigation menu, and you will be brought to an easy-to-read online form. In case you have any questions or need extra information, then, please contact us by phone or email today.