Comments on: The Details Behind Starting an LLC For Your Small Business – Part 1

By: Olawale Daniel@Technology Blogger

Olawale Daniel@Technology Blogger — Fri, 22 Jul 2011 05:53:26 +0000

Thanks Pat for this awesome post that you provide us here…

By: PRKR

PRKR — Thu, 11 Mar 2010 04:29:30 +0000

the tax structure sounds the same, but its a little less…for now.
however the swede building code is better.

By: PRKR

PRKR — Thu, 11 Mar 2010 04:25:19 +0000

in Indiana it cost 90$ to LLC and its on a single sheet of paper…no lawyer needed….if you just go to you secretary of state office, usually you can do all the paperwork for free,,,without a lawyer and ask some questions. If I want to switch to s-corp, I can pay a 30 dollar fee. On an LLC I file a 1040 with a schedule C….I think i want to switch to a s-corp so i can file a 1120–a corp. tax return.

By: Cathleen

Cathleen — Sat, 06 Mar 2010 22:21:43 +0000

Love the post! I set up as an LLC last year. After discussing with my attorney I decided it would be the best set up for me at this time. I do agree it adds a bit of professionalism. It was not hard to do the paperwork being able to talk to an attorney and have them review the paperwork before I send it in made me confident in doing it. This year I added a DBA. My CPA would like me to change to a s-corp( she said it would easier to take advantage of more of the small business tax deductions).

By: Fergus

Fergus — Thu, 25 Feb 2010 03:41:28 +0000

Great article Pat! Really straightforward info.
When I did this, I found that choosing between the different business structures can be tricky. Inspired by your article here, I just posted a flowchart that walks through this selection process in an ehow article “How to Choose a Business Structure”. It doesn’t cover everything, but I think it can help to narrow the options quickly.
Note: ehow seems to have a few technical problems. The table that’s labeled as a flowchart is a flowchart. Just right click and open it in a new browser window. Hopefully that will fix itself, or I may try uploading again.

By: Fergus

Fergus — Thu, 25 Feb 2010 00:40:07 +0000

Hi Chris and Pat,
In Washington state, I believe you can do that. You will need to provide the name and address of an local agent. I believe you should be able to find lawyers offices and others who are willing to act as your agent, for a fee. LegalZoom may also offer that service.
Here’s the text from the state’s form: “All Limited Liability Companies must have a registered agent in Washington State. The registered agent may be an individual who is a resident of Washington State, or a business entity registered with the Secretary of State’s office. The agent must have a physical address in Washington State where they can be located. An alternative mailing address may be used in addition to the physical address. The mailing address must also be in Washington State. The registered agent must print their name and sign the consent to serve as registered agent”.

By: Wilson Usman

Wilson Usman — Wed, 24 Feb 2010 16:58:56 +0000

Hey Pat,
Wow yea gotta say great timing on this post. I have just decided to start my own LLC with a friend of mine. To be honest very nervous because it’s my first time but he has had a business before so that gives me some confidence. I hope you keep on giving some great content about starting your own business. We haven’t hired yet and we haven’t advertise yet either, we are running a commercial cleaning business. Hope I can get some good tips on what I should do first.

By: Andrew

Andrew — Sat, 20 Feb 2010 16:12:45 +0000

I came across your blog today. It nice blog and good for a new blogger like me. Will be stopping by your blog from time to time for some inpiring post.

By: Trainerpack

Trainerpack — Sat, 20 Feb 2010 01:32:02 +0000

In Ont you can incorporate for as low as 600$…that’s if you are willing to do all the work yourself

By: Christie

Christie — Fri, 19 Feb 2010 23:42:22 +0000

Hi Pat – your story is very inspiring, so this site is a wonderful help for those of us who want to learn to do likewise. I applied for my LLC today, and I have a great idea for an e-book I wanted to write and sell online. But – do we also need some sort of “seller’s” business license – to collect sales tax, and all that yucky stuff – if we sell an e-book on the internet? Thanks!