Nolo's Guide to Single Member LLCs: How to Form and Run Your Single-Member Limited Liability Company

by David M. Steingold

Learn about SMLLCs—the new popular business entity choice for one-owner small businesses. From SMLLC formation to liability protection to dissolution, this book provides all the essential information you need to decide whether an SMLLC is the right choice for you and your business.



The book explains:

how to form an SMLLC, including choosing a name and management structure, filing articles of organization, and preparing an operating agreement

how SMLLCs report and pay taxes

the initial capital contribution and distributions of profit from an SMLLC

how to convert a preexisting business to an SMLLC

limited liability protection issues with an SMLLC

financial record keeping and minutes and resolutions for an SMLLC, and

dissolving and winding up an SMLLC.



The book includes a sample operating agreement in the appendix.

Genres: Business, Legal, Nonfiction

102 pages, Kindle Edition

First published February 27, 2015

Reviews

[Diego · Rating 4 out of 5]

This is a great initial start to getting familiar with LLCs and how to begin. But depending on the nature of the business, more research is required. I would still recommend hiring an accountant rather than just a lawyer.

[Patricia · Rating 4 out of 5]

This is a handy guide of things to know if you are thinking about starting a single member LLC. The information is clear, it breaks down details and there are links to free forms.

[Amg · Rating 4 out of 5]

Absolutely necessary to understand the process.

[Allison · Rating 4 out of 5]

Short, logical, & practical.

[Sandra The Old Woman in a Van · Rating 4 out of 5]

Not the most exciting read, but very practical and contains all the information I needed.

[Renee M Hensley]

EXCELLENT BOOK ON FOR FORMING A 1 PERSON LLC

The book was very organized. The chapter titles,headlines were easy to understand, allowing you to jump around if you wanted to.

[Richard · Rating 5 out of 5]

Good basic overview of Single-Member LLC requirements and best practices.

[Margot Note]

Read fireside while using a foot massage machine at the "north office" aka my in-laws' house.