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Nolo's Quick LLC: All You Need to Know about Limited Liability Companies [Paperback]

Anthony Mancuso


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Inside This Book (Learn More)
First Sentence
The LLC is a relatively new and highly popular alternative to the five traditional ways of doing business: as a sole proprietor, a general partnership, a limited partnership, a C (regular) corporation and an S corporation. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Customer Reviews

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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 4.2 out of 5 stars  44 reviews
104 of 109 people found the following review helpful
5.0 out of 5 stars LLC simple 31 Oct 2000
By A Customer - Published on Amazon.com
Format:Paperback
I recently bought this book and found it to be very informative and to the point. I looked at other books, but most were wordy. My time is limited and I needed a book that would provide me the info without the fluff. There is a good state information section that provides info like Addresses, URLs, Legal URLs, Name Requirements, and form descriptions. The actual forms are not provided but the resource is given. I would recommend this book for someone looking for enough information to answer your questions and give you guidance in going forward.
42 of 43 people found the following review helpful
5.0 out of 5 stars Very informative 16 Oct 2002
By G. Nell - Published on Amazon.com
Format:Paperback|Verified Purchase
This book breaks what you need to know to form an LLC down nicely and easily by chapter. You can skip around if you'd like, but I wanted to make sure I knew everything about the topic and read it straight through. Full of helpful examples to illustrate the concepts just presented. Definitely recommend to others looking to learn about corporate structures and most specifically, the LLC.
40 of 41 people found the following review helpful
2.0 out of 5 stars Not "All You Need To Know" 17 Jan 2006
By FD - Published on Amazon.com
Format:Paperback|Verified Purchase
I was hoping to be able to set up the LCC with this book, but apparently I needed to get the "How to Form an LLC" book (which I'm NOT going to do).

I've read the Nolo California Corporations book and it already covered much of the info here. What I was looking for was help with writing good articles of organization and operating agreement (specifically for a 1-person LLC).

The operating agreement example he gives is not specific to a one-person firm. A prudent person might change the language in his example operating agreement to reflect that the LLC is composed of just one person. Also, the book does not cover the fact that in CA you can specify additional info in the Articles, such as rules for admitting new members.

Awfully light for "All you need to know".
22 of 23 people found the following review helpful
2.0 out of 5 stars Beware! Does not deliver what it promises- unless you pay more!!! 8 Dec 2007
By David Laufer - Published on Amazon.com
Format:Paperback
The information in this book seems correct as far as it goes. But the book's subtitle says "All you need to know about limited liability companies." Turns out, though, that to get "all you need to know" you have to buy one or several of their other books, depending on how much of "all" you expected to get! For instance, on page 6/18 (3rd edition) the book directs you to purchase one of their other publications to get information on how to operate your LLC. I could accept this if the cover of the book said "volume 1" or "companion volume to..." but it says "All you need..." For a fairly scant $30 paperback to promise all, then direct me to buy another $30 paperback, is IMHO, a broken promise and a lie.
19 of 20 people found the following review helpful
4.0 out of 5 stars Informative, Provides a Framework, A Bit Conservative 11 Feb 2007
By Avid Reader - Published on Amazon.com
Format:Paperback
Having just established my own Limited Liability Company (LLC), I wanted a book that would define what a LLC is in the framework of other business models, including tax and legal implications. I wanted to ensure that a LLC was the best fit for me. That is exactly what this book did, and it did it well.

If you are thinking of starting your own business an a LLC, but are not sure of which business model to use (Sole Propertiorship, LLC, Parternship, S-Corp, C-Corp), this book will help inform you of the pros and cons of LLCs, and how they fit into the overall legal and tax structure.

The only reason I rated this book at 4 stars instead of 5 stars, is that it scared me a bit in regards to the legal and tax requirements, without providing enough detail to give me a grasp on why the requirements were in effect. Having also been in contact with a certified tax expert and accountant while I was reading this book, I learned that this book errs on the side of being very conservative, or even a bit scary, in regards to legal and tax requirements. So I would advise anyone who gets this book to also balance it out by reading a more aggressive book about saving money on taxes and operating an LLC legally.

After reading this book, I also read "Your Limited Liability Company, An Operating Manual" by the same author. That book provides in depth detail on the day-to-day running of an LLC. It helped me tremendously. However, this book is also conservative when it comes to saving money on taxes.

Overall, both books are great reads.
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