LLC - Get Full Liability Protection From Your LLC

One of the most significant reasons to form Limited Liability Company (LLC) is to get liability protection. As a corporation provides a legal shield against their shareholders' assets, an LLC offers legal protection for the owner's or members' personal assets from business claims or debts. The risk of the LLC owner and members is generally limited to the amount of their investment. However, when your business is in a trouble such as a lawsuit, the court might go after you and your personal assets, especially if you have a single member LLC and haven't followed certain rules with your ...

Statement of Information - California LLC

What is "Statement of Information" in regard to LLC? The Statement of Information is a public disclosure of corporation information that includes the business and mailing address of the LLC, the name and address of its CEO and managers, the name and address of the agent for service of process, and the general type of the business that establishes the principal business activity. A new limited liability company must file an initial Statement of Information with the California Secretary of State within 90 days of filing the Articles of Organization. The LLC must file a Statement of Information biennially thereafter for the ...

Annual Review Board Scam – California LLC

The letter from the Annual Review Board requiring payment of $228 is one of the newest California Limited Liability Company scam letters. Targeting small business owners who set up an LLC on their own, this scam letter looks very legitimate at the first glance. Also, its due date is very soon, which may confuse people and cause them to make hasty decision without being suspicious. It asks for over $200 for the filing of LLC's Statement of Information on the business owner's behalf. Notice its filing address is Los Angeles, not Sacramento. Business owners should read any letters very ...

How to Name Your Business

- Make it informative and meaningful. It's easier to remember when your business name reminds customers of your goods or services. Make it meaningful and easy to remember. Some experts vote for abstract names, but it will take more efforts to do efficient and creative marketing for it. Yet, when the business marketing is successful, the name will be more unique, hence it will leave a strong impression to people. - Consider to make it reflect your brand. - Consider names that reflect values, quality of products and services that your business provides. For example, Hearty Vitamin Shop sounds more ...

Domain Name - Factors to Consider

Having a domain name is critical especially when you're running an Internet business. People have less credibility on business owners or sellers who don't have their own domain name. Then, how should you choose a good domain name for your business? Some of them that you can think of might not be available any more but among the ones that are available, follow these tips to choose the best one for you. - Try to find a domain that includes one of major keywords applicable for your business. This will definitely make visitors remember your domain better than a domain with no keyword ...