How to Form and Operate a Limited Liability Company: A Do-It-Yourself Guide with CDROM (How to Form & Operate a Limited Liability Company (W/CD)) [Paperback]

Gregory C. Damman (Author)

Book Description

ISBN-10: 1551804034 | ISBN-13: 978-1551804033 | Publication Date: January 15, 2003 | Edition: 3rd

More and more professionals are forming limited liability companies (LLCs) to take advantage of their many benefits. LLCs provide partners with a corporate-style liability shield, protecting them from personal responsibility for the company's debts and obligations.

This book explains LLCs in detail, helping readers to fully understand what an LLC is and how they can benefit from one.

Topics covered in this book include: What is an LLC? What types of companies can become an LLC? Advantages and disadvantages of forming an LLC, converting an existing busines to an LLC, the basics of LLC membership, the importance of an opening agreement, conducting and managing an LLC, and special tax considerations.

Editorial Reviews

About the Author

Gregory C. Damman received a BS in Journalism from the University of Kansas in 1985 and a JD from the University of Nebraska in 1989. He owns and operates Damman Legal Research, which provides legal research and writing services to lawyers.

Product Details

• Paperback: 160 pages
• Publisher: Self-Counsel Press; 3rd edition (January 15, 2003)
• Language: English
• ISBN-10: 1551804034
• ISBN-13: 978-1551804033
• Product Dimensions: 10.8 x 7.8 x 0.4 inches
• Shipping Weight: 14.4 ounces
• Average Customer Review: 3.3 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #1,512,084 in Books (See Top 100 in Books)
  • #68 in Books > Business & Investing > Small Business & Entrepreneurship > Legal Guides

Customer Reviews

Most Helpful Customer Reviews

29 of 30 people found the following review helpful:

2.0 out of 5 stars Okay but lacking., February 9, 2005

By 

Book reader (California) - See all my reviews

This review is from: How to Form and Operate a Limited Liability Company: A Do-It-Yourself Guide with CDROM (How to Form & Operate a Limited Liability Company (W/CD)) (Paperback)

This book had a lot of helpful facts about LLCs, but no guidance really in forming one, or whether you should form an LLC or corporation. The state-by-state appendix of laws and contact information hadn't been updated since 1997. The sample operating agreement was not on the disk, so you couldn't tailor it and use it for your company.

12 of 14 people found the following review helpful:

3.0 out of 5 stars Could be better, January 31, 2005

By 

Sergei (Redwood City, CA) - See all my reviews

This review is from: How to Form and Operate a Limited Liability Company: A Do-It-Yourself Guide with CDROM (How to Form & Operate a Limited Liability Company (W/CD)) (Paperback)

The book was decent, although a bit generic - no particular insights provided. The discussion of the terms of an LLC Operating Agreement could be a lot more detailed.

41 of 55 people found the following review helpful:

5.0 out of 5 stars A highly recommended resource for the novice entrepreneur, August 6, 2003

By 

Midwest Book Review (Oregon, WI USA) - See all my reviews

This review is from: How to Form and Operate a Limited Liability Company: A Do-It-Yourself Guide with CDROM (How to Form & Operate a Limited Liability Company (W/CD)) (Paperback)

Now in a completely updated third edition, How To Form And Operate A Limited Liability Company: A Do-It-Yourself Guide by Gregory C. Damman is a straightforward, "user friendly" instructional guide for taking full advantage of the benefits of a limited liability company (LLC), which protects company partners from personal responsibility for the company's debts and obligations. Introductory basics are accessibly presented concerning what types of companies can become an LLC; the advantages and disadvantages of forming an LLC; converting a business into an LLC; tax considerations, and much, much more are all knowledgeably presented in a meticulous and highly accessible manner. An accompanying CD-ROM of forms and samples enhances this highly recommended basic resource for the novice entrepreneur.