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Form Your Own Limited Liability Company (Form Your Own Limited Liability Company, 3rd Ed)

Form Your Own Limited Liability Company (Form Your Own Limited Liability Company, 3rd Ed)

List Price: $44.99
Your Price: $30.59
Product Info Reviews

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Rating: 5 stars
Summary: Very helpful
Review: After searching the internet and carefully reading information available here at Amazon and not getting anywhere, I was able to find out about this great book from a chance meeting with a successful businessman in a book store.

This book is very complete and up to date. I am very satisfied with the contents. On the other hand, I have bought some very heavily promoted books here at Amazon and was vastly dissappointed.

I don't know who is pushing those books, but I doubt if they have read or applied any of the information.

Some other books that I do recommend are How To Form Your Own "S" Corporation and avoid double taxation by Robert Friedman, How To Form and Operate a Limited Liability Company by Gregary Damman, Nolo's Quick LLC by Anthony Mancuso, How To Use Limited Liability Companies by Garret Sutton and How To Launch a Business and Incorporate in Any State by J.W.Dicks.

Rating: 4 stars
Summary: Good overview of the LLC process
Review: An excellent intro to LLC's, in a generic sort of way. However, the sample operating agreements leave much to be desired...there are more thorough versions out there. In addition, the differences between the various state laws on LLC's make it necessary that you consult an attorney just to be on the safe side. Overall, I would recommend this to anyone who is thinking about getting into business.

Rating: 5 stars
Summary: Top notch start up guide and resource
Review: I bought this book when I started my business and I refer to it constantly. While it is geared toward LLCs, it offers information on other business entities such as sole proprietorships, partnerships, C Corp.s and S corporations to help you decide what is best for you. It provides all the guidance needed to establish and maintain an LLC. I made the mistake of loaning the book out once and had to ask for it back because I use it so much. It has an entire section on maintaining an LLC after it is established to help keep records and legalities straight. Well worth the money!

Rating: 5 stars
Summary: A great resource
Review: I found this book extremely helpful in getting my LLC set up - saved on lawyer's fees for sure! The disk provides sample forms that were useful as well. I bought 3 different books on this subject, and ended up using only this one - highly recommend it if you want the specific administrative details on setting up your LLC.

Rating: 1 stars
Summary: Waste of money for Illinois LLCs
Review: I needed a book to guide me in forming an Illinois LLC after I had done research to determine the pros and cons of the structure. In other words, I needed a good rundown of the potential options for an operating agreement, and I needed clear instruction on the application/filing process.

This book was too generic on operations, and the actual formation of an LLC in Illinois requires one form and a check, but the book's description of the filing process for Illinois was not clear.

I noticed another book which goes through an operating agreement almost clause by clause - it was cheaper, too, but I have forgotten which book that one is. I wish I had bought that one.

Rating: 5 stars
Summary: Outstanding resource guide
Review: If your looking to start a business, and are confused on the legal structure in which you might setup buy this book to help clear up the differences.

Excellent manual on the general laws that surround in setting up and operating an LLC. Mancuso also gives you a comparison of how an LLC stacks up with traditional methods of structure and gives you it's advantages and disadvantages towards each of your choices! Outstanding in content for general knowledge about LLC's!

Rating: 2 stars
Summary: Same Info Is Easily Available Elsewhere (On web)
Review: Somewhat useful book in that it pulls together the info that is readily available on the internet, particularly from state government websites.

Rating: 3 stars
Summary: Not enough for the price
Review: This book has a good explanation of the ins and outs of forming an LLC. However, in most cases, you create an LLC by filling the blanks in a state form, and then optionally create an Operating Agreement by filling in the blanks in a sample version included in the book.

The value of this book is in the state-by-state reference and in the sample Operating Agreement (and accompanying explanations). It doesn't tell you much of anything about what else you need to do to start a business or run it, referring you to other books written by the author.

Given the relatively light content, I wouldn't have expected it to be on the high end price range of Nolo's offerings. The book's real value for me was filling in some gaps in Nolo's excellent "Small Business Start-Up Kit for California" by Peri Pakroo.

Rating: 3 stars
Summary: Not enough for the price
Review: This book has a good explanation of the ins and outs of forming an LLC. However, in most cases, you create an LLC by filling the blanks in a state form, and then optionally create an Operating Agreement by filling in the blanks in a sample version included in the book.

The value of this book is in the state-by-state reference and in the sample Operating Agreement (and accompanying explanations). It doesn't tell you much of anything about what else you need to do to start a business or run it, referring you to other books written by the author.

Given the relatively light content, I wouldn't have expected it to be on the high end price range of Nolo's offerings. The book's real value for me was filling in some gaps in Nolo's excellent "Small Business Start-Up Kit for California" by Peri Pakroo.

Rating: 5 stars
Summary: Don't start a business without it!
Review: This book was a life-saver! Unless you have thousands of dollars lying around to waste on legal fees, I strongly recommend you pick up this book. Its step-by-step, plain english instructions and form-filled CD-ROM make it super-easy to use. It gives you all of the information you'll need both to start up your LLC and to maintain it once its established. Mancuso walks you though every step from naming your LLC, to preparing an Operating Agreement, to taking care of the endless legal and tax paperwork.
And I'm not just talking hypothetically, I used this book to form my own LLC and personally know three other business owners who have used it either when starting up or while switching from a partnership to and LLC. My company is going strong and thanks to this book I get both the flexibility of a partnership and the protection of a corporation. This is a great buy!


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