Why I had to Form an LLC - Free High Quality Articles at Article Crux

Free High Quality Articles at Article Crux

Find Free Articles and Web Content at Article Crux

Web Free Articles

Why I had to Form an LLC

By: Billy-Joe Johnson

I had been doing freelance graphic design work for years before I decided to look into forming a separate entity, only because a buddy of mine had told me a horror story of how he had made a mistake with his sole proprietor business and he might be sued, and that his brand new house could be up for grabs if the lawsuit proceeded.

Luckily for my friend a lawsuit didn't come out of his mistake, but he was set on incorporating his business.

After reading about the differences between corporations and LLCs I decided, even though I don't feel I'm up for much loss running as a sole proprietor, that an LLC was the better choice for me. It seemed a little easier to run, and I don't really ever plan on having employees, or other owners, also if I ever did, I found that it was a simple form to convert an LLC into a corporation.

Although you can form your entity in any state, I decided to form mine in my home state of California, a quick Google search gave me a list of companies that could help me form it, but I decided to do it myself, though many of the companies were legit, though I spoke to a couple of them Incorporate Fast was most helpful in explaining the differences between the entities.

Like I said, in the end I ended up filing for myself, it was just one sheet of paper, and I was with that.

Article Source: http://ArticleCrux.com -- Free Articles, Free Web Content

California Secretary of State Form Your Company

Article RSS Feed RSS Feed

Get the RSS Feed for this article (Corporate category feed).

Not yet Rated

More Articles From Home | Business | Corporate


Copyright © 2007 Article Crux: Free Online Article Directory
Privacy Policy | Terms of Service

Powered by Article Dashboard