| If you are going into business for yourself, you have a | | | | out. You will be forming in your state, so by going to |
| decision to make in regards to what type of structure | | | | the state site, you will be able to get everything that |
| you are going to be. As a small business owner, your | | | | you need. |
| two most popular choices are going to be either a sole | | | | From that point, you are going to have to choose the |
| proprietorship or an LLC. In this day and age, many | | | | name of your business and you are also going to have |
| people are choosing to learn how to set up an LLC | | | | to decide how you want the LLC to be designated at |
| versus making themselves totally liable for their | | | | the end of the name. You can usually use LLC or |
| businesses debt. | | | | Limited Liability Corporation. The site will generally walk |
| When it comes to forming a business structure, many | | | | you right through the application and it will literally take |
| people get a little intimidated thinking that it is some long | | | | you about 20 minutes to get it filled out. |
| process that will take them forever and cost them a | | | | At the end of the application, you will have to pay |
| bunch of money. However, in most cases, if you have | | | | whatever the fees are and upon submission, you will |
| an Internet connection and a credit card, you can set | | | | be given an electronic copy of your formation papers. |
| up an LLC in less than an hour and usually for under | | | | You should also receive a hard copy from the office in |
| $300. | | | | a few days as well. Whatever you do, make sure you |
| The first step is to check with your local government | | | | keep them in a safe place as they are just as |
| offices about which forms you are going to need to fill | | | | important as a social security is to an individual. |