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LegalZoom.com Offers Americans a Viable "Plan B" in the Face of a Tough Employment Environment

02/25/2009

As Layoffs Pile–Up, It's Time to Create a "Plan B" — Smart Americans are Planning Ahead for Success by Launching Their Businesses Now

(Los Angeles, CA – February 25, 2009) – With over a million job losses in the past two months alone, the current job landscape in America has people desperately looking for a "Plan B" should they suddenly find themselves out of work. For many who have always dreamed of being their own boss, the "B" stands for business — as in starting their own business. In fact, LegalZoom.com, the nation's leading online legal document and filing service, saw a 19% jump in customers forming limited liability companies in the fourth quarter of 2008 (compared to the year before), even while the economy as a whole shrank 3.8%.

"With more Americans out of a job every day, it's increasingly important to have a 'Plan B' in place. Smart Americans are taking control of their financial future by being proactive and starting their own business, often a home–based business'" said Brian Liu, co–founder and chairman of LegalZoom. "Small business is the source of an enormous amount of innovation, and is a key engine for a healthy economy. LegalZoom.com makes it easy for entrepreneurs to learn about different business formation options and offers affordable options to form a corporation, LLC, or even file a DBA."

Having the legal entity already created can help jump–start a new business. By creating the foundation on which to start building a business, forward–looking entrepreneurs are moving their "Plan B" from dream to reality.