New Year, New Business
Whether formalizing a consulting gig, protecting assets, or owning rental property, the New Year is a good time to set up that LLC – limited liability company.
In setting up an LLC, there is more than just filing online.
- Have you decided how to be taxed?
- Have you prepared an initial organizing resolution?
- Have you prepared an operating agreement?
- Are you doing business in other states?
Even if you are the sole owner of your LLC, you should do all of the above to protect your personal assets and the assets of the LLC.And if you are doing business in multiple states, you may need to file foreign registrations with such states.
Make it your New Year’s Resolution to consult with Compass Law Partners to properly set up and maintain your business, as well as handle other business legal matters.
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