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Would you use Legal Zoom to start a small LLC?
Posted on 6/19/17 at 10:09 am
Posted on 6/19/17 at 10:09 am
I would like to take out a small small business loan(5kish) and was thinking I may need to have already created the LLC. Time is somewhat of an issue as their is a deadline for a project I would like to jump in. I've never owned a small business before, so am admittedly green. Legal Zoom seems to walk you through the creation pretty well. TIA
Also, for you small business owners, what am I looking at time-wise in Louisiana?
Also, for you small business owners, what am I looking at time-wise in Louisiana?
Posted on 6/19/17 at 10:57 am to Hot Carl
If you are not going to set up with an attorney and CPA advice check out the LA Secretary of State's website. You can set one up in minutes.
Posted on 6/19/17 at 10:58 am to Hot Carl
I'm not sure why you would need legal help for that. I set up an llc by going to the secretary of states website and working from there. You will also need to get a Fein # from the IRS.
Posted on 6/19/17 at 4:55 pm to Hot Carl
You can also pay to expedite the LLC, if necessary. $30 for 24 hour turnaround and $50 for 1-3 hour turnaround I think.
Posted on 6/19/17 at 4:58 pm to TJG210
quote:
I set up an llc by going to the secretary of states website and working from there. You will also need to get a Fein # from the IRS.
And amazingly, all of that takes less than an hour.
Posted on 6/19/17 at 5:08 pm to GaryMyMan
before that EIN bullshite it used to take like 10 minutes
Posted on 6/19/17 at 8:32 pm to SlowFlowPro
Yeah it's easy in LA. I tell clients who are gonna be sole owners to do it themselves and save the money. Give them the caveat that if they are married they aren't technically the sole owner unless there is a prenup and send them on their way.
Posted on 6/19/17 at 8:40 pm to Hot Carl
As others have said you should have no problem doing it yourself. Bank may want an operating agreement which you can find a template online.
Posted on 6/19/17 at 9:11 pm to Hot Carl
Set one up this morning, go to sec of state website , print out 2 forms (article of incorporation and initial report) fill them out (very easy) get notarized and mail in with $100
Got to IRS website and search for a new EIN, and follow process, very easy
Finished
Got to IRS website and search for a new EIN, and follow process, very easy
Finished
Posted on 6/20/17 at 9:43 am to Hot Carl
To answer OP. If you choose not to do yourself as recommended above, I can say that Legalzoom works great and is easy. I have used for several different things over the years.
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