**After Reading LLC QuickStart Guide You'll Understand All The Benefits of This Business Entity Including Liability, Taxation and Formation**
Is forming an LLC (Limited Liability Company) the right move for your business? How much do LLCs actually protect you?And what do you stand to gain from a tax perspective? The intricacies and opportunities involved in forming and operating an LLC are now simplified thanks to the LLC QuickStart Guide from ClydeBank Business.
It only takes one lawsuit to financially devastate an up-and-coming entrepreneur. LLCs were created to give business owners the liability protections of a corporation with the simplified tax obligations of a proprietorship or partnership. The flexibility and protective qualities of LLCs have made them the business entity of choice for countless successful ventures. Though they’ve only been in existence for four decades, LLCs have rapidly evolved and diversified to accommodate everything from single-owner small businesses to sprawling global conglomerates.
Consider this LLC QuickStart Guide form ClydeBank Business your executive briefing on the pros, cons, ins and outs of LLC formation. Whether you’re a high net-worth business owner looking to protect your personal assets, or a newly minted entrepreneur seeking an improved basic understanding of how LLCs function, this LLC QuickStart Guide will provide key information in a readable, easy-to-follow format. ClydeBank Media LLC All Rights Reserved
The LLC QuickStart Guide is just that, a very small guide to starting an LLC. It does contain good information, but most of the information you could find online with a quick google search. It is really not worth the price for the paperback for the amount of info you get.
This book touches on the basics of forming a LLC. It contains lots of useful information about the pitfalls in managing LCC (e.g. agreement).
LLC benefits: - [ ] Simple legal structure - [ ] You can file company’s revenue the same way as your personal income tax (with the same form) - [ ] If anything goes wrong with the company, your assets (e.g. houses, and cars) will not be taken away.
LLC disadvantages: - [ ] Higher tax rate - [ ] Many investors will not open doors to LLCs. - [ ] It is restricted to a company’s growth. You would need to think about an exit strategy when in the future your company is growing or when you want to change the structure of your companies.
"LLC QuickStart Guide" is a great audiobook for anyone interested in beginning a partner type business without having to form a partnership. The LLC (Limited Liability Company) is perhaps more appealing than forming a corporation as well. This book also explains LLPs and LLLPs.
Forming an LLC is likely more appealing for folks wanting to start a small business. It's less formal, less taxes but it is 'limited liability' therefore in some instances a corporation may be better depending on the type of business. In many instances beginning an LLC IS the best way to go.
That's where this audiobook is extremely helpful and useful. It explains how the LLC works as well as it's advantages and disadvantages. I found it to be a great refresher course also. This will get you started in the right direction.
Amy Barron Smolinski did an excellent job with this book. She's easy to understand and speaks at a good pace. Overall, I enjoyed listening.
"This audiobook was provided by the author, narrator, or publisher at no cost in exchange for an unbiased review courtesy of Audiobook Blast."
I think the title says it all...this is a good starting point for anyone interested in creating an LLC.
While there is a lot of work and research you'll have to do on your own (which they point out) this book gives a good overview of the process and some pitfalls to stay away from.
Having just created an LLC myself I found this information to be inline with what I experienced and the advice I was given.
The narrator did a great job of taking what some would consider "dry" material and making it engaging.
This audiobook was provided by the author, narrator, or publisher at no cost in exchange for an unbiased review courtesy of AudiobookBlast dot com.
This book covers the basics of forming a LLC. It explains when a LLC is right for your business, that hiring an attorney is a must, and the documents required to make the LLC legal. I recommend it for anyone who is considering going into business and considering the LLC format.
I have considered starting a business. This book convinced me that the LLC format is not right for me or my business.
I received a free copy of this book in exchange for an honest review.