Things That I Know

As I mentioned earlier, I’m starting a business. Since I’m learning this as I do it, I’m posting along the way.

Today was the day that I filed my paperwork to be a limited liability corporation. After careful research, I’ve decided that this is the best option for the business I’m going to have.

To file the paperwork, there were several options: fill out the papers and file them with my Secretary of State, call an attorney, or use one of the Internet filing services to handle it for me. I didn’t want to deal with an attorney’s fees, and I thought that most of the filing services were also too expensive.

I found what I’m hoping is a meet-in-the-middle situation. I went with AmeriLawyer, which is an online service that handles the paperwork, but is also done by actual attorneys. With all of the fees up front, I didn’t feel that I’d be getting screwed by a business lawyer, and I was able to only order the absolute basics.

Once I chose my business name, I filled in all the blanks and hopefully, I’ll be an LLC shortly. For now, I’m not recommending AmeriLawyer, but I’ll update this when I have reached a conclusion about their service.

I also downloaded several accounting programs today and will play around with them until I decide which one I like, then I’ll make a recommendation on that as well.

So I am starting a business. What better way to go about all of the setup than to write about it as I do it, sharing my experiences and hopefully hearing about yours. I am not opening a shop, or starting a traditional small business, but rather starting a company that will cover all of my freelance work, as well as a very narrow business in the management field.

The main part of the company will be managing one or more DJ’s in the Las Vegas area. It is not a full-time, quit your day job type of gig, but I plan on doing it right, from setting up a corporation to handling all of the tax paperwork.

So far, the outline for the company has been created, along with a decent, but not great business plan. That needs some work still, but I still consider it a work in progress. Also, we are in the final stages of narrowing down a name for the company.

After examining the options, I have decided to set up the company as a Limited Liability Corporation in Nevada. Once a name is finalized, I will be filing the LLC paperwork and moving on to the next step.

If anyone has any information on setting up an LLC in Nevada and/or business licenses in the Las Vegas area, feel free to contact me to share your experiences and any tips you may have.

Once I get the LLC paperwork taken care of, I’ll update the status of my new business.