These Scary Problems Could Kill Your LLC

By Michael Banner - Oct 28, 2013          


We've come up with a list of 5 specific problems for LLC owners who don't follow the proper procedures when managing their LLC.  Failure to fix these problems could be very scary for your LLC!

To avoid personal liability, which can come from the improper management of your LLC, you must focus on avoiding these problems:
Problem 1: you forgot to pay the state and file an annual report
Problem 2: you forgot to do an operating agreement
Problem 3: you’re commingling funds with your personal account
Problem 4: you operate out of your house without a lease agreement 
Problem 5: you treat your LLC like a sole proprietorship

For more details, including a description of each problem, please read the full article, located on our site here:
http://www.smallbiz.com/sbarticles/Five-scary-problems-that-could-kill-your-LLC

Tags: LLC  
About Michael Banner
  CEO & Founder of SmallBiZ.com, created over seventeen years ago to help small business owners simplify the process of starting & managing their small businesses. SmallBiZ.com now serves over 10,000 businesses per year with various filing and subscription services; in addition to the 1000's of daily visitors to www.smallbiz.com, accessing free services, help pages, & educational videos & webinars.


Connect with Michael Banner on Google+



Subscribe




Recent Comments
Jonathan Jasberg on How to notify the IRS of changes to EIN? fsad
Jonathan Jasberg on How to notify the IRS of changes to EIN? test
Jonathan Jasberg on How to notify the IRS of changes to EIN? test
Jonathan Jasberg on How to notify the IRS of changes to EIN? test
jeffry moukarzel on More Florida Scam Notices Coming Your Way Hi, I am a new business owner and I just filled a scam paper it looks like a real one ...

Blog Archive
2017 (5)
2015 (2)
2014 (1)
2013 (15)
2012 (1)



Tags
Arizona Publishing  Articles of Organization  continuance  conversion  domestication  filing fees  Hawaii  HowTo  LLC  LLLP  Mississippi  Nevada Corporation  Nevada Fees  Nevada LLC  nonprofit  obamacare  Promo Code  scam alert  scams  seo  success  taxes  teset  video