Form an LLC in Minutes: Do-it-Yourself

Name: Form an LLC in Minutes: Do-it-Yourself
Rating: 4.4 (69 reviews)

Step-by-Step Process for Forming a Limited Liability Company

Created byLeila Nosrat

Last updated 7/2017

English

English [Auto],

What you'll learn

How to form a Limited Liability Company (LLC) on your own without costly lawyer fees
Learn how Limited Liability Companies are taxed and how you can save money on your taxes with an LLC
Discover and understand whether a Limited Liability Company is even the right business structure for you and your business
Name your Limited Liability Company to comply with your state's LLC laws and regulations
File Articles of Organization with the Secretary of State and what information to include in the articles
Learn the important information that must be included in an Operating Agreement and what to consider when writing an agreement
How to apply and Get an Employer Identification Number which is a number assigned by the IRS and is used for a number of business needs including filing taxes, opening a bank account, and applying for business licenses
Find a Registered Agent or Agent for Service of Process to receive legal documents on your behalf
Learn if you need to Apply for Business Licenses and Permits based on your particular business
Elect Corporate Taxation with the IRS to save money on taxes as an LLC
Dissolve and end your Limited Liability Company
And much, much more...

Course content

4 sections • 13 lectures • 37m total length

Course Introduction2:43
Welcome to the course! This course will show you what an LLC is, some important advantages and disadvantages of forming an LLC, and the steps that I take to form an LLC for my clients.
How to use and make the most out of the course4:20
Discover what an LLC is, its limited liability and separate entity status. Learn how to form one using this course, including flexible tax options for U.S. small businesses.
Legal Disclaimer1:37
Common LLC Terminology2:10
Define common llc terms such as member, manager, managing member, registered agent, and articles of organization, and explain how operating agreements govern multi-member and single-member llcs.

What is a Limited Liability Company (LLC)4:43
Explore how a limited liability company blends pass-through taxation with limited liability, forming a flexible hybrid between a corporation and a partnership.
Advantages of a Limited Liability Company (LLC)3:43
Discover how forming an LLC shields personal assets from business liabilities, enables pass-through taxation, reduces formalities and costs, and boosts credibility and brand legitimacy.
Disadvantages of a Limited Liability Company (LLC)4:50
Explore the drawbacks of forming an LLC, including taxation options, self-employment tax, exceptions to limited liability protection, administrative requirements, startup costs, and the risk of dissolution or limited life.
Is forming an LLC right for your business?2:02
Evaluate whether forming an LLC matches your short-term and long-term goals by weighing budget, formalities, liability protection, and investor needs.
Can you form an LLC on your own without an attorney?1:34
Form your own LLC without a lawyer by filing articles of organization with details such as name, office, owners, and registered agent; use downloadable forms and consider consulting an expert.

Overview of How to Form a Limited Liability Company (LLC)1:50
Learn the steps to form a limited liability company: choose a compliant name, file Articles of Organization, obtain an EIN, and draft an operating agreement.
Choosing the right Name for your Limited Liability Company (LLC)3:10
Choose an llc name that reflects your brand and meets legal requirements. Check state availability and ensure distinctness using the secretary of state's name search.
Prepare the Articles of Organization: What you Need3:34
Prepare the articles of organization by listing the llc's address and principal office in the same state, specify single- or multi-member structure, and note the registered agent and EIN.

Description

Learn the exact steps a business law attorney takes to form an LLC for her clients. Learn how easily you can form your own LLC in minutes. This is a step-by-step process for making sure your business and personal assets are protected without the expense of hiring a lawyer.

You will learn: :

The advantages of forming an LLC
The disadvantages of forming an LLC
The three ways to form an LLC and who can form an LLC
Whether you can form an LLC on your own without a lawyer
We'll cover the different tax treatments and what it means for you
We'll cover the exact information and documents you need to form an LLC, from the appropriate name to the specific information you must include in your "Articles of Organization" and your "Operating Agreement."

Note: This course is only for United States only.

Who this course is for:

Entrepreneurs
Online Businesses
Small Business Owners
Consultants
Coaches
Creative Artists
Independent Contractors
Startups

Form an LLC in Minutes: Do-it-Yourself

What you'll learn

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Course content

Start Here4 lectures • 11min

Overview of a Limited Liability Company (LLC)5 lectures • 17min

How to Form a Limited Liability Company (LLC)3 lectures • 9min

Finals Words1 lecture • 1min

Description

Who this course is for: