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Old 02-13-2015, 05:33 PM   #1
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Anyone have any experience registering a business?

I'm thinking of setting up a Limited Liability Company to support/document a very limited amount of agriculture production activity.

A reason I'm thinking of doing this is to be able to better support our agricultural zoning, which saves a bunch in property taxes.

I understand I'll need articles of organization. Looks like the state fee to register is about $75.

Is it worth it to hire CPA/other advisor to help?

In theory, there's no difference between theory and practice. In practice, there is. YB
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Old 02-13-2015, 07:59 PM   #2
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I set up a LLC for my business several years ago, and it's very easy to set up without hiring an adviser ( at least in WA; not sure about other states).

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Old 02-13-2015, 08:52 PM   #3
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I've done it in VA, MD, and FL. All pretty easy, although of varying costs. Just search for the name you want to make sure it is available. No need to hire anybody.
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Old 02-13-2015, 09:17 PM   #4
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+1 I did it myself. Easy.
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Old 02-13-2015, 10:09 PM   #5
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I found the Nolo Press books helpful.
Even clouds seem bright and breezy, 'Cause the livin' is free and easy, See the rat race in a new way, Like you're wakin' up to a new day (Dr. Tarr and Professor Fether lyrics, Alan Parsons Project, based on an EA Poe story)
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Old 02-14-2015, 07:32 AM   #6
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Here in CT, one need only register with the Secretary of State (and pay the filing fee) and create an operating agreement (which doesn't get filed with the SoS). There are plenty of operating agreements on line that you can use as a template. Basically, the operating agreement spells out things like ownership percentages and voting power, how decisions will be made, how the profits will be split, when you'll have owners' meetings and what will happen if someone wants out (buy/sell provisions). Obviously, this is all much simpler if it is a single member LLC.

The rules in your state may or may not be the same. You should conduct your own investigation.

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