The Basics of LLCs


What is an LLC?

A Limited Liability Company (LLC) is a popular legal entity for startups and small businesses. Learn about the many advantages of starting an LLC.

What is an Operating Agreement?

An operating agreement is an internal document that outlines how a business is run. Learn more about operating agreements and if its required by state. Plus, download a FREE Operating Agreement Template.

What is a Registered Agent?

A registered agent is a person or business nominated by your company to receive and send official papers on your behalf. Learn more about registered agents and why they are required for small businesses.

What is Workers' Compensation?

Workers' comp is a form of insurance that pays an employee who cannot work due to an on-the-job injury. Some businesses are required to provide workers' comp for their employees. Learn more about workers’ compensation.

What is a General Liability Insurance?

General Liability Insurance (also known as Commercial Insurance) protects your business from lawsuits due to physical injuries, property damage, and more. Learn more about General Liability Insurance.

What is a Professional Liability Insurance?

Professional Liability Insurance protects your business from claims of malpractice or error which result in financial loss for your clients. Learn more about Professional Liability Insurance.

Cost 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. Learn more about these costs and get a full breakdown of all LLC costs for your State.

What is an EIN?

An Employer Identification Number, also called a "Tax ID Number" (TIN), is a number given by the IRS for taxation purposes. An EIN is kind of like a Social Security Number for a business. Learn more about EINs.

License Search

Most small businesses require one or more business licenses or permits in order to conduct business in their state. These might include federal, state, or local licenses. Learn more about types of licenses you may need for your business.

Maintain Your LLC


Maintain LLC Corporate Veil

Most businesses form as an LLC because of the financial protection it provides its members. This Limited Liability Protection is also known the Corporate Veil. Find out how to keep your company’s Corporate Veil intact.

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. LLCs have two options: member-managed or manager-managed. Here are the benefits of each option.

Certificate of Good Standing

A Certificate of Good Standing is a document issued by your state that proves your business is up-to-date on all required filings and payments. Learn more about this document and what it can be used for.

LLC Dissolution

Having to close a failed business is a common experience for many now successful entrepreneurs. Our LLC Dissolution Guide is a one-stop resource for all fifty states. Learn how to dissolve your LLC in just two simple steps.

LLC vs Sole Proprietorship

Unlike LLCs or corporations, a sole proprietorship is not its own legal entity. This means that the business owner is personally responsible for business debts and lawsuits. Find out more.

More LLC Education


LLC Name Search

Whether you’re in the process of picking a name for your business or simply wish to check the status of an existing business entity, doing a quick name search can get you the information you need. Find out more.

How to Name your LLC

Picking a name for your LLC can be a stressful process. This guide walks you through the most important considerations to keep in mind so you can pick a name with confidence.

Open a Company in the USA

You don't have to be an American resident to start an LLC in the USA. Our guide covers the benefits of forming a US-based business, as well as the challenges you will face.

What is a DBA?

A DBA, also known as a "doing business as" name, is an assumed name that allows your business to operate under a name that is different from its legal name. DBAs are especially useful for sole-proprietorships. Find out more.

Forms 1099 & W-9

When your business hires an independent contractor, you must file a report with the IRS. This helps the IRS ensure that your contractor is paying all of their required taxes. Find out more about the W-9 and 1099 Forms.

LLC Annual Report

After forming your LLC, it is important to stay on top of your state's regular LLC filing deadlines to remain in good standing and avoid unnecessary fines and penalties. Learn more about LLC reporting requirements in your state.

Sole Proprietorship

Unlike other business structures, a sole proprietorship is not legally distinct from its owner. This means that the business owner is personally responsible for business debts and lawsuits. Find out more about sole proprietorships.

LLC Formation Service Reviews


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.

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.

IncFile VS 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.

Rocket Lawyer LLC Formation

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

Swyft Filings LLC Formation

We formed our own LLC using Swyft Filings and have reported our findings. Find out whether Swyft Filings’ LLC formation service is right for your business.

Incorporate LLC Formation

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