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The Single Member LLC Provides Liability Protection But Requires Special Maintenance


A Single Member LLC Does Not Have the Complexity
of a Multi-Member LLC Business.
There is no need to subject yourself and your limited liability company to lengthy
operating agreements containing additional governance provisions that simply
are not relevant or necessary

But a Single Member LLC is Subject to a Much
Higher Risk of Personal Liability to the Single Member
.
This is because as a single owner, you have no one else to answer to and
as a result, you may forget to do the things with your LLC that are needed
to preserve your liability protection
.

Introducing The Single Member LLC Operating
Agreement Package.
Designed specifically for the single member LLC, get exactly what you need
when it comes to a necessary LLC Operating Agreement and maintenance.
Nothing less and nothing more so you can easily run your business and
know you are preserving the protection afforded by your single member LLC.

 

The Single Member LLC Operating Agreement Package

 

Designed Specifically for the Single Member LLC
Exactly What you Need for an LLC Operating Agreement. Nothing less and Nothing More

 

The Single Member LLC is one of the most effective and useful legal entities out there for sole business owners.  It is the best way for you to get limited liability protection, maintain a single layer of taxation, and have an easy to maintain and operate professional entity for your business.

Before the single member limited liability company existed, a sole business owner could not get all of these benefits in one place. But soon after it became available, the single member  LLC is the most popular of all limited liability companies formed each year.

There are two differences that you should be aware of when it comes to comparing a single member LLC and a multi-member LLC. 

Difference #1 is that a single member LLC does not need as many governance processes as a multi-member LLC.  Accordingly, if you review most standard LLC operating agreements out there, you will start to wonder how they apply to you as a single member LLC.

The answer is that many of the standard provisions in your typical LLC Agreement form are not necessary or relevant for a sole owner business.  Now, if you are planning on later adding other members, it does make sense to use a multi-member LLC Operating Agreement now so that you have the necessary structure in place later when you need it.  We offer a professional standard LLC Operating Agreement for these situations.

But, if you know your business is and will always be owned by just you, there is no need to subject yourself and your business to unnecessary processes and complexity.  Our Single Member LLC Operating Agreement is specifically designed for the single owner LLC business.

Our form is based on the agreement used by one of the most prestigious national corporate law firms in the country.  They use this form hundreds of times a month as they form single owned limited liability companies for their thousands of business clients.

Difference #2. The second difference between a single member LLC and a multi-member LLC is that a single member LLC is subject to more risk of being pierced in the event of a lawsuit.

What is piercing?  It is when someone sues your business and then tries to convince the judge in the lawsuit to pierce the LLC layer of protection and hold you personally liable for the liability in question.  Now, the law is quite clear that members are not personally liable for the debts and obligations of an LLC business.

But some lawyers, especially with  a single member LLC involved, are successful in getting around this basic principle by using creative arguments.  One creative argument is that the owner may have formed an LLC but then he or she did not properly maintain it and, when running the business, that person acted as if the limited liability company did not exist. This argument comes down to "If the owner himself ignored and did not honor the existence of the LLC, why should the judge do so. . ."

The solution is that you as a single member LLC must always ensure that it is your limited liability company running your business and you must maintain proper written paperwork showing that the LLC is being governed and making decisions properly. T his is done with proper governance paperwork.

Our Single Member LLC Operating Package includes the standard forms that you can use regularly in your LLC business to maintain the proper formalities so you can easily fight any arguments of piercing should you or your business ever be sued.

100% Satisfaction Guarantee

Order The Single Member LLC Operating Package Now

 ORDER NOW

Package Includes:
(Available by Instant Download in Word Format)

Single Member LLC Operating Agreement Form (Customizable)
Initial Governance Consent Form for Single Member LLC
Generic Written Consent Form Approving LLC Actions (for a single member LLC)

BONUS GUIDE INCLUDED WITH PURCHASE:

Whether you decide to purchase The Single Member LLC Operating Agreement Package, you get the following limited time bonus:

llc operating agreement

"Setting Up Your LLC Operating Agreement" a 20 page eBook guide explaining the purposes and major provisions of the LLC Operating Agreement.  While many of the explanations apply to multi-member LLC situations, there are specific references for the single member LLC.
 

100% Satisfaction Guarantee

Order The Single Member LLC Operating Package Now

 ORDER NOW

Package Includes:
(Available by Instant Download in Word Format)

Single Member LLC Operating Agreement Form (Customizable)
Initial Governance Consent Form for Single Member LLC
Generic Written Consent Form Approving LLC Actions (for a single member LLC)

Single Member LLC Operating Agreement Package

Operating Agreement Plus Governance Consent Form for proper Paperwork

ORDER NOW

Package Includes: (Available by Instant Download in Word Format)

Single Member LLC Operating Agreement
Initial Governance Consent for Single Member LLC
Generic Written Consent Approving LLC Actions (for a single member LLC)

PLUS BONUS:

llc operating agreement

"Setting Up Your LLC Operating Agreement"
Receive this 20 page Guide FREE with your Purchase

ORDER NOW

 
"The LLC Expert is a jewel for new business owners.  I not only received a professional agreement for my LLC but unbelievable service from this company!  Thanks!"
- Anna B., Tampa FL
 

"Thanks for taking the time to answer all of my questions.  I finally feel like I can get my hands around my LLC obligations."
- Joshua D., Charlotte, NC
 

"I received a straightforward, easy to understand LLC Operating Agreement for 1/10 the price my attorney was going to charge me.  Your service was perfect for our needs."
- Gloria W., Colorado Springs, CO
 

"This company really knows LLCs.  I needed a special provision in our LLC Operating Agreement and they helped me with the best way to include it in.  Thanks for your help!"
- Joanna K., Fairfax, VA
 

"It looks great! You all provide a wonderful service - I'll be sure to recommend you to others. Thanks.
- John C., Charlottesville, VA

 


 

 

 

 

 

 

 

 

 

 

 

 

Read Article about the Single Member LLC Operating Agreement

Forming an LLC
LLC Operating Agreement
LLC Information at LLC Learning Center
Visit our LLC Answers Wiki Site with Answers to LLC Questions Asked by LLC Business Owner
 

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Disclaimer: The information provided on this site is for educational purposes only about forming an LLC and does not constitute the provision of legal advice.  A document preparation and filing service is not the substitute for legal advice and any new business owner seeking legal or professional advice regarding new business legal entity, tax or other legal matters should seek the advice of an attorney or accountant. 

 

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provided by The LLC Expert, LLC.
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Richmond, Virginia 23233
1-800-767-0865

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