Find Out All You Need to Know About Single Member LLCs Single-member LLCs are the new business entity of choice for small businesses with one owner. Easy to form and operate, Single Member LLCs combine some of the most desirable features of older, more traditional business structures like corporations, partnerships, and sole proprietorships. With an Single Member LLC, you get personal liability protection, pass-through taxation, and flexibility of management. This book provides an overview of everything you need to know about Single Member LLCs, including: what forms and documents you need to create an SMLLC how to initially fund an SMLLC what your options are for managing an SMLLC how to prepare taxes for an SMLLC what kinds of records you need to maintain for your SMLLC, and liability issues specific to SMLLCs. Relatively compact and reasonably comprehensive, this book has all the essential information you need to decide whether a Single Member LLC is the right choice for your business. The book includes a sample operating agreement and sample written consent forms as well as tips and examples throughout to help clarify the most important points.