Customer Reviews

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))

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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.

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.

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.