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

by David M. Steingold

Find Out All You Need to Know About Single Member LLCs

Single-member LLCs are the new business entity of choice for small businesses with one owner. Easy to form and operate, Single Member LLCs combine some of the most desirable features of older, more traditional business structures like corporations, partnerships, and sole proprietorships. With an Single Member LLC, you get personal liability protection, pass-through taxation, and flexibility of management.

This book provides an overview of everything you need to know about Single Member LLCs, including:

what forms and documents you need to create an SMLLC
how to initially fund an SMLLC
what your options are for managing an SMLLC
how to prepare taxes for an SMLLC
what kinds of records you need to maintain for your SMLLC, and
liability issues specific to SMLLCs.
Nolo's Guide to Single-Member LLCs has all the essential information you need to decide whether an SMLLC is the right choice for your business. The book includes a sample operating agreement and written consent forms as well as tips and examples throughout to help clarify the most important points.

Genres: Business, Legal, Nonfiction

171 pages, Paperback

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.