Ebook Free Nolo's Quick LLC: All You Need to Know About Limited Liability Companies (Quick & Legal)
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Nolo's Quick LLC: All You Need to Know About Limited Liability Companies (Quick & Legal)
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Review
" Mancuso provides advice on how and why to form an LLC and gives guidance on dealing with members capital and profits interest, taxation or profits management, paperwork, and soliciting legal and tax help." Reference & Research Book News" When it comes to self-help legal stuff, nobody does a better job than Nolo…" USA TODAY
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Book Description
If you run your own business, you’ve probably heard about limited liability companies. Cheap to set up and easier than a corporation to maintain, LLCs are more popular than ever. Business owners who operate LLCs aren’t personally liable for business debts, so their personal assets aren't at risk―not usually, anyway. Before you form an LLC, you should understand the exceptions to this rule to make sure an LLC is right for you. Nolo's Quick LLC provides essential information on LLC laws and trends for business owners in every state. In concise, plain English, America's LLC expert explains the advantages and drawbacks of forming an LLC – including limiting your personal liability.
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Product details
Paperback: 224 pages
Publisher: NOLO; Tenth edition (February 22, 2019)
Language: English
ISBN-10: 1413325890
ISBN-13: 978-1413325898
Product Dimensions:
7 x 0.8 x 9 inches
Shipping Weight: 12.8 ounces (View shipping rates and policies)
Average Customer Review:
4.1 out of 5 stars
45 customer reviews
Amazon Best Sellers Rank:
#149,132 in Books (See Top 100 in Books)
I am currently in the process of creating my own LLC at the time writing this review. The book is very helpful to understand the process and the things I will have to worry about from a legal and also tax perspective. I hired a lawyer for the company creation before I bought the book and have now the feeling that I could be doing it without paying a lawyer. However, the book made me realize that there is a lot of paperwork involved in the process and the lawyer will do all that work for me, which saves me a lot of time.I am currently very busy preparing everything for the daily business operation to come so I do not regret my decision of using a lawyer. If time is not too much of a problem, but saving the cost for a good corporate lawyer is, this book will be able to help you to get the process done by yourself.For people like me, who use a lawyer is the book still helpful, because there are a lot of things to consider and know about, after your LLC was created. It will serve me well in the years to come. I am sure about that.
If you look at the thickness of this book you would think that it contains alot of details about forming a LLC. However, about 1/3 of the book gives information on forming a LLC for each of the 50 states. This book would be better if it would give specific information for a particular state such as Nolo's Quick LLC for the State of Texas. On the brighter side, this book gives a wealth of knowledge and good examples on forming a LLC. If you are looking for an overview of forming and LLC this book would suffice. However, if you are looking for in depth knowledge, this book is not the one that I would recommend.
I had high hopes for this book but it did not meet my expectations. The book does a decent job explaining the difference between an LLC and other entities like C corp, S corp, general partnerships, etc. However, it does not get to the point about (1) steps needed to file an LLC and the common paradigm of filing in Nevada / Delaware and then registering in your home state, (2) choosing where to file for LLC, or (3) ongoing legal and financial care and feeding of the LLC so you do not "pierce the corporate veil." Basically, the book is very light on specifics and does not justify its price. I am returning it, hoping to find a more thorough guide.
I was hoping to be able to set up the LCC with this book, but apparently I needed to get the "How to Form an LLC" book (which I'm NOT going to do). I've read the Nolo California Corporations book and it already covered much of the info here. What I was looking for was help with writing good articles of organization and operating agreement (specifically for a 1-person LLC).The operating agreement example he gives is not specific to a one-person firm. A prudent person might change the language in his example operating agreement to reflect that the LLC is composed of just one person. Also, the book does not cover the fact that in CA you can specify additional info in the Articles, such as rules for admitting new members.Awfully light for "All you need to know".
This got us started on the road to our new biz, but what it lacked was real help filling out the State forms. Nolo has another book that does just that (and I recommend it if you are really looking for help with forms). If you are still in the decision making process as to which type of business you want to have (e.g. partnership, LLC, corporation types) and what it takes to run an LLC, this is one to keep on your shelf. My favorite part of this book, Nolo's Quick LLC, is a great chart delineating the differences between different types of businesses.
The best book I have found to answer those basic LLC questions. Well written with a timely layout of the book's chapters.
This book breaks what you need to know to form an LLC down nicely and easily by chapter. You can skip around if you'd like, but I wanted to make sure I knew everything about the topic and read it straight through. Full of helpful examples to illustrate the concepts just presented. Definitely recommend to others looking to learn about corporate structures and most specifically, the LLC.
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