[Cialug] Starting an LLC

Zachary Kotlarek zach at kotlarek.com
Thu Sep 11 20:17:49 CDT 2008


On Sep 11, 2008, at 7:20 PM, Tony Bibbs wrote:

> I'll be the dissenting voice here. If all you need is an LLC it's  
> not rocket science.  Picking the right corporate structure is the  
> hardest part.  LLC's and SCORP's are things you can generally manage  
> on your own with the help from a good accountant.  Hiring an  
> attorney for an LLC is a waste of hard earned money.  For an SCORP  
> it is a bit more justifiable but I really feel the key is a good  
> accountant.  Unlike attorneys accountants can often save you money  
> in the long term to cover the cost of their work.


I agree. Lawyers are useful, but hiring one handle the formation of a  
LLC is like hiring one to file your vehicle registration. Read the  
relevant statues and instructions, be sure you understand them, then  
file the paperwork and be done with it.

	Zach

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