Customer Reviews

Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships

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I recently purchased a copy of Entrepreneur Magazine's "Ultimate Book on Forming: Corporations, LLC's, Sole Proprietorships, and Partnerships." I am currently taking a business planning course in law school. This book is not just helpful; it is an invaluable tool in helping students and practitioners organize and draft their business planning documents.

First, this book contains a number of business planning documents, ranging from general partnership agreements to board meeting minutes to corporate bylaws. More importantly, this book recognizes the growing trend across the country to provide clients with easily readable and understandable documents that are actually written in plain English and not the traditional "legalese" that has bogged legal documents for centuries. While I ultimately had to tailor my projects to the particular state and its law, I used several of these documents as a starting point for class projects this term. As a result, I never felt "in the dark" when organizing or drafting any of my projects because everything I needed to know was right there in the book.

Second, in addition to providing the legal forms, this book does an excellent job of explaining the different types of business organizations, how a person forms and operates these organizations, and the advantages and disadvantages of each. Many students in law school take a general business organizations course, but this book does an excellent job of explaining each to the layperson who may or may not be familiar with the types of entities and their nuances. But both the student and layperson can benefit from the "insider tips" that divulge secrets of the business law trade, which can only be learned through years of experience.

Finally, the last section of this book provides state reference tables that gives detailed summaries of the law for each of the fifty (50) states and the District of Columbia.

In conclusion, I have been scanning the book shelves of my local book stores for a comprehensive, but easy to read, book on drafting legal business planning documents that didn't break the bank, and now I finally found it with Mr. Spadaccini's book. Not since reading the DaVinci Code have I recommended a book so often to my friends and colleagues at school. While not as thrilling as the Code, it is definitely an invaluable resource for the student, the experienced practitioner, and the layperson looking for assistance when forming a business.

-- TBP

It has been great and I have used some of the info to set up my single-member PLLC in Texas for my Real Estate Broker License that I recently reactivated. I also recommended the book to a real estate mentoring/investment group I am involved with. I was struggling with some of the concepts on an LLC until I read this book, it puts it all into perspective. I have corresponded with the author via email, he is very responsive. You will get real "go-by" documents that you can modify on WORD and actully put to use! A definte must if you are taking those first bold steps into your own business venture and want to protect your asssssets!

There may be a lot of scattered information available on the Internet, but Michael Spadaccini delivers all you need to form your business into a convenient all-in-one book.

I'm forming an LLC, and without the guidance in this book, it could cost a lot more money (and time I can't spare) for all the research and legalities involved. Use his experience, step-by-step guides and forms to get where you want to be. Well worth the purchase.

I like the book. It is very informative. I have started two businesses since reading it. No question it will help in deciding which type of business structure best fits your situation. The Author was very responsive to the fact that mine didn't come with the CDROM of forms it was supposed to. He has emailed me a link to the forms. I would have given the book a 5 but having to get the forms via email and internet along with the fact that there is no index for the forms in the online resource I coulnd't.

Great buy! Walked me through ins and outs of legalaties of forming different companies - pros and cons. Author includes relevant websites within the text and information seems very recent and applicable. Although a great resource, be sure to consult legal experts prior to making any big moves. Enjoy and good luck.