What is a limited liability company? How is an LLC different from a corporation? Should you form an LLC for your business? Limited Liability Companies For Dummies, answers all of your questions about LLCs and demystifies the formation and management of these increasingly popular business entities.This clear, concise guide explains the pros and cons of LLCs and shares insider insights on everything from choosing your members and your company name to creating and filing your Articles of Organization, to the day-to-day operation of your LLC. You'll also find valuable tips on creating your Operating Agreement, saving on taxes, and avoiding bankruptcy and fraud. You'll discover all the information you need to:Decide if an LLC is right for youGet the help you need to from your LLCForm your LLC in or out of your own stateLower LLC costs and feesConvert an existing company to an LLCComply with state and local licensing issuesUse your LLC to protect your assetsFile annual reports and research franchising feesIssue membership sharesDissolve or extend an LLCControl LLC assets and debtKeep your LLC intactPacked with winning strategies for streamlining your business, protecting your assets, and passing your estate on to your heirs, Limited Liability Companies For Dummies gives you the power and the knowledge to take full advantage all the benefits your LLC has to offer.