Learn the Basics

Just starting out? Learn the basics behind starting your own LLC. We have provided answers to all of your questions on the following pages:

What is an LLC?

A Limited Liability Company (LLC) is a business that is its own legal entity; they can be a single member LLC (a single owner) or a multimember LLC (multiple owners). If you are looking to launch a start-up company, you can learn about the many advantages of starting an LLC.
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What is an Operating Agreement?

An Operating Agreement is the official contract that governs the internal operations of the business in a way that suits all needs of its owners. Learn more about what an Operating Agreement is and if it is required in your state. Also, check out the FREE Sample Operating Agreement we have provided.
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What is a Registered Agent?

A registered agent is a person or business nominated by your company to officially receive and send papers on your behalf. Such papers include service of process of legal action, and state filings. Learn more about Registered Agents and why it is highly recommended for small business owners to have one.
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What is Workers’ Compensation?

Workers' compensation is a form of insurance that pays an employee who cannot work because he or she has been injured while working. Depending on the nature of the job, you may be required to provide Workers' Compensation to your employees. Here you can read more about workers' compensation.
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What is General Liability Insurance?

General Liability insurance (also known as Commercial Insurance) protects your business assets. It also pays for obligations that may arise from legal claims. Without General Liability Insurance, said legal obligations could possibly cost you your entire business.
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What is Professional Liability Insurance?

If you provide a service to a customer, professional liability insurance protects you and your company from lawsuits claiming errors and omissions in the provision of those services.
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Costs to Form an LLC

Forming an LLC involves some upfront fees. In addition, you will need to pay certain annual fees to keep your LLC in good standing. Get an overview of these costs, and view our LLC Costs Rable to get a breakdown of all costs for your State.
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What is an EIN?

An Employer Identification Number, sometimes known as a "Tax ID Number" (TIN), is assigned to business entities by the IRS for taxation purposes. A simple way to think of an EIN is that it serves a similar purpose to a Social Security Number (SSN), but instead of identifying an individual citizen, the EIN helps to identify a business entity.
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Business License Search

Most small businesses require one or more business licenses or permits before they can conduct business in their state. Some businesses will need to obtain federal licenses, while others will only need state or local licenses. The specific set of licenses and permits your business will need depends on the type of business you wish to start.
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Advanced Topics

Maintain LLC Corporate Veil

Most business form as an LLC because of the protection it provides its members. This Limited Liability Protection is also known the Corporate Veil. But the Corporate Veil can be "pierced" making the members personally responsible for the liabilites of the LLC. Discover some of the most common ways to ensure your LLC is operating as it should and you remain protected.
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Management by Members or Managers

When forming a limited liability company, you will have to decide how you wish for the business affairs of your company to be managed. When it comes to LLCs, there are two options on how to manage your company, Member managed or Manager managed.
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Certificate of Good Standing

Once you have formed your business as an LLC, your state will typically require you to file an annual or bi-annual report, and also pay certain fees and / or franchise taxes, in order to maintain good standing. This allows your company to get the required licenses and permits needed to conduct business in your state.
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Other Topics

Business Entity Name Search

Do you already have a few names in mind? If so, you can search your state's business entity directory on their website to make sure that the name you want isn't currently being used by another business. Just find your state below and follow the link to the Secretary of State webpage.
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How To Name Your LLC?

When choosing a name for your LLC, there are a lot of factors to consider, and it can be a stressful process. This guide walks you through the most important considerations you will need to think about, so that you can weigh your options and pick a name with confidence.
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Open a Company in the USA

You don't have to be a resident of the US to own an LLC in the US. Read our guide on expanding your company to the US, and discover all the benefits.
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What is a DBA?

A DBA, otherwise known as a "doing business as" name, is an assumed name that allows you to conduct business under a name that is different from the name of your legal entity. For example, if a company called "Nashville Ice Cream, LLC" wanted to open a store and do business as "Jim's Fancy Ice Cream," then they would need to register a DBA with their local county official.
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W-9 Form

Whenever your business pays an independent contractor more than $600 for their services in the course of a single tax year, you are required to report the transaction(s) to the IRS. This helps the IRS ensure that your contractor is paying all of his or her required income and self-employment taxes.
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LLC Formation Service Reviews

Interested in having a proffesional service form an LLC for you? Two popular options are LegalZoom and IncFile. Check out the reviews for each service.

IncFile: LLC Formation

We formed our own LLC using IncFile and have reported our findings. Find out whether IncFile’s LLC formation service is right for your business.
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LegalZoom: LLC Formation

We formed our own LLC using LegalZoom and have reported our findings. Find out whether LegalZoom’s LLC formation service is right for your business.
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IncFile Versus LegalZoom

Wondering which service provider to use when forming your LLC? We formed LLCs with both IncFile and Legalzoom and have reported our findings. Learn which formation service is best for your business. Learn More