| Digg it UP |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Strategic Planning > How and Why You Should Form a Limited Liability Company in Arizona |
|
Digg it UP - How and Why You Should Form a Limited Liability Company in Arizona
Customer Service Leads to Customer Loyalty eement and the special allocation of profits and losses. If the LLC is taxed as a C corporation, the LLC reports profits and losses as a tax-paying entity rather than the members.1i>All customers want and expect superior customer service, and it is all too important that we give it to them. Otherwise, our competition will.Your customer doesn’t want to be treated like another statistic along an assembly line. They want to be treated with respect. It is very important that your customer real Jo Ann Joy, Esq., MBA, CEO Copyright 2006 Indigo Business Solutions. All rights reserved. joannjoy@IndigoBusinessSolutions.net, Phone (602) 663-7007, Fax (602) 324-7582 For more information about these and other important business topics and f 10 Ways Focus Groups Can Propel Your Profits In order to form an LLC correctly, I would strongly urge you to consult an attorney and a C.P.A. There are legal and tax consequences that you need to consider carefully. LLC formation in Arizona requires the following:
A focus group is a group of employees or current customers that discuss and brainstorm new ways to improve different parts of your business.1. They can give you new ideas on how to advertise and market your product or service to your targeted audience.2. They can give you ideas that could help improv <1i>Select and reserve the name of the LLC.1i> <1i>Prepare the Articles of Organization of the company and the consent of statutory agent to file with the Arizona Corporation Commission (“ACC”).1i> <1i>Prepare the ACC cover sheet that must be filed with the Articles.1i> <1i>File the Articles with the ACC on an expedited basis (recommended).1i> <1i>Receive the approved articles from the ACC.1i> <1i>Obtain a federal employer ID number.1i> <1i>Open the company's bank account.1i> <1i>Arrange to publish the Articles of Organization in a newspaper in the appropriate county.1i> <1i>Obtain an Affidavit of Publication of the Articles of Organization and mail it to the ACC within the time required for filing the Affidavit.1i> <1i>Decide how the LLC will be taxed.1i> <1i>An LLC can be taxed as federal income tax paying entity depending on how it chooses to be taxed.1i> <1i>Sole member LLCs may be taxed as a pass-through for federal income tax purposes, as a sole proprietorship, partnership, or corporation. Multiple member LLCs may elect to be taxed for federal income tax purposes as a partnership or a corporation.1i> <1i>LLCs that are taxed as a partnership are not federal income tax paying entities. LLCs that are taxed as corporations are federal income taxpaying entities.1i> <1i>If the LLC is taxed as a partnership, the profits and losses pass through to the members prorata based on their percentage of ownership, or as otherwise provided in the partnership agreement and the special allocation of profits and losses. If the LLC is taxed as a C corporation, the LLC reports profits and losses as a tax-paying entity rather than the members.1i> Jo Ann Joy, Esq., MBA, CEO Copyright 2006 Indigo Business Solutions. All rights reserved. joannjoy@IndigoBusinessSolutions.net, Phone (602) 663-7007, Fax (602) 324-7582 For more information about these and other important business topics and fo 6 Ways Small Businesses Can Survive In A Crazy Economy repare the ACC cover sheet that must be filed with the Articles.1i>Contrary to popular belief, small businesses can survive a crazy economy by taking some proactive steps. Provide spectacular customer service -- every time. Have a friend or colleague visit your business and provide feedback from a customer’s perspective. This person should be unknown by your staff and willin <1i>File the Articles with the ACC on an expedited basis (recommended).1i> <1i>Receive the approved articles from the ACC.1i> <1i>Obtain a federal employer ID number.1i> <1i>Open the company's bank account.1i> <1i>Arrange to publish the Articles of Organization in a newspaper in the appropriate county.1i> <1i>Obtain an Affidavit of Publication of the Articles of Organization and mail it to the ACC within the time required for filing the Affidavit.1i> <1i>Decide how the LLC will be taxed.1i> <1i>An LLC can be taxed as federal income tax paying entity depending on how it chooses to be taxed.1i> <1i>Sole member LLCs may be taxed as a pass-through for federal income tax purposes, as a sole proprietorship, partnership, or corporation. Multiple member LLCs may elect to be taxed for federal income tax purposes as a partnership or a corporation.1i> <1i>LLCs that are taxed as a partnership are not federal income tax paying entities. LLCs that are taxed as corporations are federal income taxpaying entities.1i> <1i>If the LLC is taxed as a partnership, the profits and losses pass through to the members prorata based on their percentage of ownership, or as otherwise provided in the partnership agreement and the special allocation of profits and losses. If the LLC is taxed as a C corporation, the LLC reports profits and losses as a tax-paying entity rather than the members.1i> Jo Ann Joy, Esq., MBA, CEO Copyright 2006 Indigo Business Solutions. All rights reserved. joannjoy@IndigoBusinessSolutions.net, Phone (602) 663-7007, Fax (602) 324-7582 For more information about these and other important business topics and f What Is A Mastermind Group? ication of the Articles of Organization and mail it to the ACC within the time required for filing the Affidavit.1i>A mastermind group is a group of people who come together to mutually assist each other in their pursuit of success. The idea is that the members of the mastermind group each provide vital skills and knowledge that other members may lack. They bounce ideas of each other and offer help and advice so that they all may b <1i>Decide how the LLC will be taxed.1i> <1i>An LLC can be taxed as federal income tax paying entity depending on how it chooses to be taxed.1i> <1i>Sole member LLCs may be taxed as a pass-through for federal income tax purposes, as a sole proprietorship, partnership, or corporation. Multiple member LLCs may elect to be taxed for federal income tax purposes as a partnership or a corporation.1i> <1i>LLCs that are taxed as a partnership are not federal income tax paying entities. LLCs that are taxed as corporations are federal income taxpaying entities.1i> <1i>If the LLC is taxed as a partnership, the profits and losses pass through to the members prorata based on their percentage of ownership, or as otherwise provided in the partnership agreement and the special allocation of profits and losses. If the LLC is taxed as a C corporation, the LLC reports profits and losses as a tax-paying entity rather than the members.1i> Jo Ann Joy, Esq., MBA, CEO Copyright 2006 Indigo Business Solutions. All rights reserved. joannjoy@IndigoBusinessSolutions.net, Phone (602) 663-7007, Fax (602) 324-7582 For more information about these and other important business topics and f EU Protects Own Shoe Industry Against Asian Exporters ect to be taxed for federal income tax purposes as a partnership or a corporation.1i>In a bid to protect its own shoe-making and leather industries, the European Union proposed anti-dumping policies and duties against Asian shoes. The EU stated its intent last Tuesday as Asian exporters like India, Vietnam, and China flood European markets with cheaper but quality shoes. The EU felt that the low cost <1i>LLCs that are taxed as a partnership are not federal income tax paying entities. LLCs that are taxed as corporations are federal income taxpaying entities.1i> <1i>If the LLC is taxed as a partnership, the profits and losses pass through to the members prorata based on their percentage of ownership, or as otherwise provided in the partnership agreement and the special allocation of profits and losses. If the LLC is taxed as a C corporation, the LLC reports profits and losses as a tax-paying entity rather than the members.1i> Jo Ann Joy, Esq., MBA, CEO Copyright 2006 Indigo Business Solutions. All rights reserved. joannjoy@IndigoBusinessSolutions.net, Phone (602) 663-7007, Fax (602) 324-7582 For more information about these and other important business topics and f Attention Entrepreneurs -- Do You Have a Mentor? eement and the special allocation of profits and losses. If the LLC is taxed as a C corporation, the LLC reports profits and losses as a tax-paying entity rather than the members.1i>Every self-help tape I've heard and every book I've read on how to become a success suggest finding a mentor. What is a mentor? What is a mentor's role? Where do I find one? Should I have only one mentor? In this article, I tackle some of these tough questions.What is a mentor and what is a mentor's r Jo Ann Joy, Esq., MBA, CEO Copyright 2006 Indigo Business Solutions. All rights reserved. joannjoy@IndigoBusinessSolutions.net, Phone (602) 663-7007, Fax (602) 324-7582 For more information about these and other important business topics and for legal consultation, please visit our website at http://www.IndigoBusinessSolutions.net Copyright 2006. Indigo Business Solutions is a registered trade name. The future of your business starts here.
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:How To Get More Interviews In Your Job Search Business Management Case Study; Franchisor Responsibility to Update UFOC Exhibit Pages Promotional Marketing - Five Surprising Benefits of Waterless Tattoos
|