How to start a company LLC?

Discussion in 'Business, Careers & Education' started by SailorS15, Jan 7, 2013.

  1. SailorS15

    SailorS15 Active Member

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    Hi there,
    I searched through the forums and didn't really see a path so I'll start here.

    How do you start a company in the state of New York? How much is it? Do you have to have a product or service firmly in place or can one just start a company, just to hold it ( and self appoint yourself as CEO? )

    Any insight, greatly appreciated!
     


  2. edmorel

    edmorel Quality Seller!! Dubiously Honored

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  3. ter1413

    ter1413 Senior member

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    +1
     


  4. dragon8

    dragon8 Senior member

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    Or talk to an attorney that specializes in business formation.
     


  5. Medwed

    Medwed Senior member

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    Do it yourself.
    All you usually need r charter, describing ownership shares within the Co. and standard application. Last time I incorporated it cost me 80 dollars. You don't need to feed lawyers for that.
     
    Last edited: Jan 13, 2013


  6. dragon8

    dragon8 Senior member

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    Until you get sued and realize something wasn't done correctly.
     


  7. huntmol

    huntmol Member

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    +1, talking to a professional is always the best bet. At the very least use Legalzoom to walk you through it.
     


  8. VaderDave

    VaderDave Senior member

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    This. A substantial part of our practice is re-drafting crap documents people buy from LegalZoom.
     


  9. dragon8

    dragon8 Senior member

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    Better to go to an attorney and have them draw up the paperwork for the LLC
     


  10. SierraWinter

    SierraWinter New Member

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    You don't need to feed lawyers for that.




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    Last edited: Feb 3, 2013


  11. amathew

    amathew Senior member

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    Do it yourself, but keep in mind that each state will have different requirements. Some with require a dba while others will not, some will require an annual 'business report' while others will not....just do some research, fill out the proper forms, get you ID number from the federal government, etc. Good luck!
     


  12. bkk

    bkk Senior member

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    Lawyer up. Example: I had a contract template I was using, and had a nice long talking-to by my lawyer before he rewrote the entire thing. They are experienced in what can go wrong and can save your ass.
     


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