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How To Profit by Forming Your Own Limited Liability Company
 
 
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How To Profit by Forming Your Own Limited Liability Company [Paperback]

Scott Friedman (Author)
1.5 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

Written for entrepreneurs, professional partnerships and small business owners, this book answers the key questions about this hot opportunity for structuring a business. Friedman explains in plain English how this formation is suitable for virtually any business.
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The advantages of operating your business as an LLC are best illustrated by a comparison with the other traditional business forms, particularly proprietorships, partnerships and corporations. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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1.5 out of 5 stars (2 customer reviews)
 
 
 
 
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2.0 out of 5 stars outdated information, Mar 9 2004
By A Customer
This review is from: How To Profit by Forming Your Own Limited Liability Company (Paperback)
This edition date from 1995!! It is becoming seriously outdated, for instance page 28 "federal state treatment of one-member LLCs remains uncertain", this is not true anymore, a quick search on the IRS website will give you the answer (you can elect to be treated as sole proprietorship or as corporation). And since this book was published, Vermont and Massachussets have enected LLC laws. Don't buy outdated information, especially in the legal field.
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1.0 out of 5 stars A Rip Off, Jan 29 2004
By 
Poor Boy (Axton, VA United States) - See all my reviews
This review is from: How To Profit by Forming Your Own Limited Liability Company (Paperback)
You can get more more accurate information from your secretary of state for free. The author has taken generalized information from each state, compiled it into a book, and given it a title. The author is a lawyer. Think about it. What do you think you will get from a lawyer for 15 bucks? Not much! I returned the book for a refund.
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Amazon.com: 3.0 out of 5 stars (4 customer reviews)

51 of 52 people found the following review helpful
4.0 out of 5 stars A well-written guide to starting and running your LLC., Nov 29 1998
By A Customer - Published on Amazon.com
This review is from: How To Profit by Forming Your Own Limited Liability Company (Paperback)
This is a "Must Read" choice for anyone thinking of starting or runnning a small business, as Limited Liability Companies (LLC's) have become the preferred choice for new and small companies. This guide takes the reader from total ignorance about LLC's to full understanding of the subject in an easy-to-read style that also doubles as a serious reference book.

LLC's enjoy favorable tax treatment which the author explains in a way that doesn't need your CPA to interpret. And unlike a stock corporation, especially S-corporations that can only have one class of stock, LLC's can allocate profits, losses, voting rights, and most other stockholder privileges almost any way the owners choose.

This guide explains how to start up an LLC, including sample forms, contacts at state agencies to file all the legal documents, and contains numerous examples of how to take full advantage of an LLC's flexibility and tax benefits.


23 of 26 people found the following review helpful
5.0 out of 5 stars One of the best on the subject, Aug 18 1999
By A Customer - Published on Amazon.com
This review is from: How To Profit by Forming Your Own Limited Liability Company (Paperback)
I checked out about 10 books on the subject of creating an LLC from my local library and this is one of (if not the) best.

Get a copy of it. Very thorough. Especially with making sure you are able to be taxed as a partnership and not as a corporation.


7 of 7 people found the following review helpful
2.0 out of 5 stars outdated information, Mar 9 2004
By A Customer - Published on Amazon.com
This review is from: How To Profit by Forming Your Own Limited Liability Company (Paperback)
This edition date from 1995!! It is becoming seriously outdated, for instance page 28 "federal state treatment of one-member LLCs remains uncertain", this is not true anymore, a quick search on the IRS website will give you the answer (you can elect to be treated as sole proprietorship or as corporation). And since this book was published, Vermont and Massachussets have enected LLC laws. Don't buy outdated information, especially in the legal field.
› Go to Amazon.com to see all 4 reviews  3.0 out of 5 stars 
 
 
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