Running an LLC

Get answers to frequently asked questions about foreign (out-of-state) LLCs.

Here is an overview of what you need to do to form an LLC.

Most states have reporting requirements for LLCs. Make sure you find out the rules for your state.

Like all businesses, LLCs must follow certain record keeping rules to avoid problems with the IRS, investors, owners, and others.

LLCs don't have the same corporate formality rules as corporations but there still are rules and best practices to follow.

All you need to know about this simple - but essential - step for every registered business.

If you own a limited liability company (LLC), you will want to know your state's rules about LLC reporting and tax filing requirements. Many states require LLCs to file an annual report and pay an annual tax or fee. Penalties for failing to file a report or pay required taxes can be steep.

Most LLCs need to raise capital to get started with their business. Read about some of the more commonly-used options for obtaining funding.

What you need to know about making this decision for your LLC.

Some practical advice on this crucial first step for every business.

Learn about the importance of liability insurance for small businesses.