Archive for April, 2009

BizFilings

I often get asked about other services that provide document preparation and filing services to form an LLC or incorporate a business.  And, often, the company BizFilings comes up as they are one of the largest and oldest providers of LLC formation and incorporation services.

BizFilings is the grandaddy of incorporations and limited liability company organizations.  This is their specialty and they have been helping business owners with this service for many years.  In fact, they have been assisting law firms with the same services for much longer.

My company has researched the incorporation services companies on the Internet and we found that most of them have very little knowledge to provide this service and even less when it comes to customer service.

I am the first to warn any new business owner to stay away from most of the low cost and fly by night incorporation services available on the Internet. You just do not want to risk the potential problems of an improper LLC formation or incorporation.

BizFilings and its sister company CT Corporation is trusted by large national corporate law firms.  Another benefit to using them is that they offer most of any document filing service or amendments that an LLC or corporation may need later. Because of their specialty in this area, they know the growth cycle and requirements for corporate and LLC maintenance and can help you along the way.

If you are considering BizFilings, you can rest assured that you are getting the highest quality service available online.  They are backed not only by a professional dedicated staff but by a billion dollar legal services company dedicated to serving businesses and the legal industry.

If you would like a more detailed review of their services click here for a helpful review: BizFilings

Another benefit of a limited liability company (sometimes referred to as a limited liability corporation) over a sole proprietor business structure is that if an owner in the LLC dies, the business can still continue without any disruption in business operations.

With a sole proprietor, the person is the business and the business is embodied in the person.  Accordingly, if the person/owner dies, so does the business.  A limited liability corporation is its own separate person and is independent of any of its owners.  If one of the owners in an LLC dies, the LLC still remains in existence.

This is an important feature to have because the last thing any executor or administrator of a deceased person’s estate wants to deal with is the immediate termination of an otherwise profitable and ongoing business.

This is the benefit of business continuity and while many new entrepreneurs do not focus on this at the beginning of a business, it is an important feature to have when iin real life a member or owner dies or becomes incapacitated.  The continuity will help the business to maintain its profitability and value which in turn benefits the beneficiaries of the deceased owner.