F orming a business is tricky. As a small business, one of the most important decisions is regarding whether to form an LLC or not. It’s like Morpheus asking, “Which pill will you choose?” The red one, where you can establish your business as an LLC, or the blue one, where things stay status quo.
If you're leaning towards the red pill, you’re probably seeking a bit of direction. Here's how to get your LLC incorporated, along with filing tips and requirements for each state — all in one place!
Is an LLC Best for Small Business?
Did you know that 40 percent of businesses don't form a legal business entity? However, filing for a legal business entity is the best way to run a business and protect your personal assets. Furthermore, it makes your business official — something that is of value when you're dealing with another legal entity.
A limited liability company (LLC) is one of the most common business structures as it's quick and relatively inexpensive to set up.
For state-by-state LLC filing tips, use this drop-down menu and select your state of incorporation to get all the details on filing an LLC:
