Limited Liability Company (LLC): Easily Form Your Own LLC
Offered By: Skillshare
Course Description
Overview
Are you an entrepreneur, small business owner, or online business owner?
Are you thinking of starting a business or do you currently run a business?
Do you want to form a Limited Liability Company?
Most people are surprised to find out that you don't necessarily need a lawyer to form a Limited Liability Company LLC.
Starting a business is already a confusing process, so why complicate the matter by adding high fees from attorneys when you can form a Limited Liability Company on your own?
By the end of this course, you’ll be able to form your Limited Liability Company LLC on your own.
This course is only for United States law only.
This course is an easy and actionable detailed guideline of the 6 necessary steps you need to forming your LLC, including:
- Naming your LLC
- Filing your “Doing Business As” DBA or “Fictitious Business Name”
- Filing your Articles of Organization with the Secretary of State
- Creating an Operating Agreement which details your rights and duties
- Applying and getting your Employer Identification Number (EIN), and
- Most importantly, correctly applying for your business licenses and permits.
Don’t worry — it’s simple.
► WHAT IS A LIMITED LIABILITY COMPANY (LLC)?
Becoming more as a standard for small businesses, Limited Liability Company LLC is business structure that combines the liability protection of a corporation with the tax treatment of a sole proprietorship and partnership.
Limited Liability Company is United State’s newest business structure and is the most popular form of business.
All LLC owners are protected from personal liability for business debts and claims -- a feature known as "limited liability."
This means that if the business itself can’t pay a creditor, the creditor cannot come after an LLC member’s house, car, or other personal possessions.
Because only LLC assets are used to pay off business debts, LLC members only lose the money that they’ve invested in the LLC.
Also, a Limited Liability Company has special tax treatment. For tax purposes, the LLC itself is not a separate taxable entity. Like owners of partnerships or sole proprietorships, LLC owners report business profits or losses on their personal income tax returns.
For these reasons, LLC combines the best features of a sole proprietorship and partnership and the best personal liability features of a Corporation.
Limited Liability Company is perfect for small online and offline businesses.
Thank you for making this the best selling LLC course on Udemy! I show my gratitude by consistently making new lectures and answering your legal questions in the course discussion!
► What are you waiting for?
Every day you wait is costing you money!
Don’t forget that this course is covered by Udemy’s 30-DAY MONEY BACK GUARANTEE - so you don’t have anything to lose.
Enroll right now!
Syllabus
- Course Introduction
- How to Make the Most of this Course!
- What is a Limited Company LLC?
- Advantages of a Limited Liability Company LLC
- Disadvantages of a Limited Liability Company LLC
- Is Forming a Limited Liability Company LLC Right For You?
- Do I Need a Lawyer to Form a Limited Liability Company LLC?
- Can I Convert My Existing Business to a Limited Liability Company LLC?
- Overview of How to Form a Limited Liability Company LLC
- Step #1: Naming Your Limited Liability Company LLC
- 1Step #2: File “Doing Business As” or DBA2
- Step #3: File Articles of Organization
- Step #4: Create Operating Agreement
- Step #5: Get Employer Identification Number (EIN)
- Step #6: Apply for Business Licenses & Permits
- Other Important Notes to Consider When Forming an LLC
- How Much Does it Cost to Form a Limited Liability Company LLC On Your Own?
- Registered Agent or Agent for Service of Process - What is it & How to Find One?
- Electing Corporate Taxation with IRS - How to Save on Taxes
- How are Limited Liability Companies LLC Taxed?
- Dissolving & Ending a Limited Liability Company LLC - What to Do to Close an LLC
- Course Summary & Wrap-up
Taught by
Sam Mollaei, Esq.
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