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What does forming a LLC mean?

Forming a limited liability company (LLC) is an easy and inexpensive way to structure your sole proprietorship or small business . Here's what an LLC will and won't do, and when you should consider forming one. If you have a business - either a sole proprietorship or partnership - you should seriously consider setting it up within an LLC.

How do you set up a LLC?

10 Steps to Setting Up a Limited Liability Company (LLC) 1. Obtain a Copy of Your State's LLC Articles of Organization Form 2. Choose a Name for Your Business 3. Fill Out the LLC Articles of Organization Form 4. Publish a Notice in Your Local Newspaper 5. Submit Your Articles of Organization Form 6. The LLC Operating Agreement


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