If you've been considering forming a limited liability company (LLC) to make your small business official, you can kickstart your LLC using LegalZoom's easy and affordable LLC formation service. LegalZoom has helped more than 2 million people launch their LLCs since 2001.
Why are LLCs so popular?
LLCs are the most popular business entity, and for a good reason:
- LLCs are easy to form.
- LLCs are typically easier to maintain and manage than other legal business entities.
- LLCs provide small business owners with benefits such as liability protection that aren't available to sole proprietorships or partnerships.
What are the pros and cons of an LLC?
As with all legal business entities, there are pluses and minuses to running your business as an LLC. But for many small business owners, the pros often outweigh the cons.
The benefits of an LLC
LLCs provide many benefits, including:
- An LLC's limited liability status helps protect your personal assets.
- Running your business as an LLC gives you increased credibility as a business.
- Having an LLC usually makes it easier to open a business bank account.
- Unlike a corporation, you retain flexibility in running and managing your business with an LLC.
- You can choose a "disregarded entity" status for IRS taxation purposes, meaning you claim your LLC's income on your personal tax return.
The disadvantages of an LLC
There are also certain disadvantages to an LLC, such as:
- There are fees and costs associated with running your business as an LLC. For example, depending on your state, initial filing fees and annual fees exist to maintain your status.
- While it can be less burdensome to maintain an LLC than a corporation, you will still need to ensure you stay up-to-date on all of your yearly filing and fee obligations.
- It may be more difficult to attract investors.
LegalZoom helps you handle every step—from choosing a business name to filing paperwork with your state.
Is LegalZoom a good way to start an LLC?
As a small business owner, you're already juggling many tasks. The decision to register your business as an LLC doesn't have to mean adding more to your plate. Since 2001, LegalZoom has helped 3 million entrepreneurs form, run, and protect their businesses and is here to help your business too.
Small business owners all across the country have used LegalZoom to form their LLCs. Here are a few of the testimonials:
- "Excellent people and great professional service. The person I spoke to walked me through with patience, knowledge, and professionalism. She showed me the details of opening an LLC with relative ease and clarity. The tools they offer are affordable and intelligent, encompassing parts of the business that I hadn't even thought of yet. I am quite happy and relieved to have found LegalZoom." - Catherine D., Eugene, OR
- "I used LegalZoom for setting up our LLC, and it could not have been easier. User-friendly, and when I had a question I just picked up the phone—on a weekend—and spoke to someone who answered my question as well as sent me contact information in an email in case I had further questions. Highly recommended!" - Margaret S., Nellysford, VA
If you're ready to make your business official and protect your personal assets by starting an LLC, LegalZoom makes the LLC business formation process straightforward, convenient, and affordable.
Building a business is enough work as it is. We'll help you start your LLC with confidence.
Is LegalZoom a good way to start an LLC?
As a small business owner, you're already juggling many tasks. The decision to register your business as an LLC doesn't have to mean adding more to your plate. Since 2001, LegalZoom has helped 3 million entrepreneurs form, run, and protect their businesses and is here to help your business too.
Small business owners all across the country have used LegalZoom to form their LLCs. Here are a few of the testimonials:
- "Excellent people and great professional service. The person I spoke to walked me through with patience, knowledge, and professionalism. She showed me the details of opening an LLC with relative ease and clarity. The tools they offer are affordable and intelligent, encompassing parts of the business that I hadn't even thought of yet. I am quite happy and relieved to have found LegalZoom." - Catherine D., Eugene, OR
- "I used LegalZoom for setting up our LLC, and it could not have been easier. User-friendly, and when I had a question I just picked up the phone—on a weekend—and spoke to someone who answered my question as well as sent me contact information in an email in case I had further questions. Highly recommended!" - Margaret S., Nellysford, VA
If you're ready to make your business official and protect your personal assets by starting an LLC, LegalZoom makes the LLC business formation process straightforward, convenient, and affordable.
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