Forming a Limited Liability Company (LLC) in New York can offer many benefits — from the limited liability protection it provides to the ease of formation, and flexible management structure. If you are considering an LLC for your business, you might have many...
Forming Your Company
Forming an LLC in New York
A limited liability company (LLC) is a business structure that offers several advantages, including pass-through taxation and protection from personal liability. While forming an LLC in New York is an easier process than forming a corporation, still several steps must...
Answering Formation FAQs With Joshua D. Brinen
https://vimeo.com/825503455?share=copy How do I form a new company? How you form a company, very much depends on the form of entity that you choose for your business. Some forms of business can be done with a handshake between partners. Some require a formal...
How to Avoid Partnership Disputes with a Good Agreement
A partnership is formed when two or more people agree to conduct business to make a profit. Every partnership needs to have a solid written agreement. Although not required by law, a partnership agreement is a crucial step to take to ensure there are no...
Limited Liability Companies: Creatures of Contract
If you’re starting a business, you may wonder which entity is best for your needs. Limited Liability Companies (LLCs) are one of the most common structures used in business (LLC) for personal liability protection, tax benefits, and other advantages they offer. An LLC...
Does a Single Member LLC Need an Operating Agreement?
If you’re planning to structure your business as a single-member Limited Liability Company, you might wonder whether you need an operating agreement. You might need it for several reasons. Since having an operating agreement in place can save you significant...