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I was given an answer to a similar question last night,

I was given an answer to a similar question last night, however it may have lacked some of the following details and would like this question answered now that I have provided perhaps a more organized background for the consideration of my question. I am forming an LLC for an online consulting business, as well as developing a couple additional websites for the purpose of affiliate marketing. These additional websites ultimately tie into the consulting. The main site will be a blog, forum, and appointment generator. Revenue will come from any advertising that may be associated to the site once it gains traffic and through contracted consulting. I am building a website to list businesses for sale, and as a affiliate lead generating site for business brokers. Revenue will come from advertising space paid by business owners, and pay per lead affilates. I will have the site linked to the consulting site where I plan to look for opportunities to add value to those businesses by consulting on operations and marketing strategies. The other site will be an affiliate loan leads generator. This site will also be linked to the other sites as it will be gathering information as leads for business loan institutes. I currently live in South Carolina. I have been planning my business strategies for some time, however not until I made the decision to leave my salary position and give my full focus on my business did I plan, or research much on the time of expedition of the LLC as well as what benefits may be available forming in another state. I have looked into Nevada as it appears to have all the protections I would want in a llc, they also offer the series in the llc. I plan on all sites to operate under one llc, and given my interpretation of the series see that as an opportunity to protect each site individually under the operating LLC Name. Is my interpretation correct? Also given I did not research the expedition of South Carolina llc formation, which is 35 days/25 if rushed, the nevada expedition can be done as fast as 2 hours for a fee with normal processing 6-7 days and for an additional $50 it can be done in two. The state filing fee is less than South Carolina as well. The expedition process is important to me, as I wish to set up and fund a business account asap, and want to launch everything under the protection of an llc. I have some cushion financially, but it is limited. All this being said I will be a single owner for this formation. The only potential change I can for see in the next year would to bring in a profit sharing partner. I plan to outsource any work to freelancers rather than have employees for now. Given the information I provided is forming in Nevada a good consideration?

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Richard - Bizlaw

Juris Doctor

9,818 satisfied customers
I have been looking into forming my llc in Nevada. My

I have been looking into forming my llc in Nevada. My business plan is for consulting and acquisitions. I am launching my business through the internet. I am going to have a website set up as a blog and a place to share numerous spreadsheets and strategies along with an appointment generator. Additionally and building a couple websites for the purpose of affiliate marketing. All the websites I plan to fall under the one llc, and at any point one takes off with more substantial revenue I would create an llc for that particular site. I also plan on acquiring some established affiliate and marketing websites. I reside in South Carolina, and will be operating the business by myself until the point I feel the need to employee other people. I have also considered having a profit sharing partner at some point, but not an owner. The long term plan is to create a consulting organization and to build teams. For this to take place I will want to be able to show potential investors that my model works so I can get the funds to grow the organization. Regardless I look to do much of the consulting remotely. My questions are would Nevada be a good state to form an llc based on the information I have provided you. If so, will forming in another state create any issues when I go to establish a business checking account, this of course after establishing a registered agent and obtaining a federal ein. I have also looked into having office space, would I have to register in South Carolina if Office space is used?

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CalAttorney2

Attorney

Doctoral Degree

20,220 satisfied customers
I am starting my own business. I plan to do business

I am starting my own business. I plan to do business consulting and building a website and blog as a catalyst for the business. I have also purchased two other sites than I plan to launch as affiliate marketing sites. I may additionally purchase an established site through auction. My plan was to establish an LLC as a Consulting & Acquisitions group and have the sites and consulting all part of one unified group. If one site produced significantly I would look to establish it as its own operating entity. Currently I am establishing this by myself, but have a business plan to grow and potentially hire employees. For now I will just outsource to freelancers. Will a basic LLC suffice in establishing this business.

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Ely

Counselor at Law

Juris Doctor

64,554 satisfied customers
I'm a starting contractor on fbo.gov. My question is what

Hello,I'm a starting contractor on fbo.gov. My question is what are my limitations for getting materials shipped from China? Specifically, I'm looking to supply an order of 470 backpacks, 1,300 duffel bags, 5,700 laser pens, 450 bluetooth speaker, and 1,470 power banks (phone chargers) for the National Guard. when I look up the the Berry Amendment, I see a $3,000 limit and a $150,000 limit with no explanation of why there are 2 completely different numbers. These supplies appear to be for potential recruits as a type of marketing, if that matters.Thank you for your time,Raymond Mullins

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,174 satisfied customers
We want to know about a company by the name of Commercial

We want to know about a company by the name of Commercial Funding International LLC located in Portland, Oregon. The principal is Aurthur Jerry O'Neill and the number is(###) ###-#### Email address is***@******.***. Website link is www.commercialfundinginternational.com.

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Alex Esquire

Managing Attorney

Doctoral Degree

22,112 satisfied customers
Law Educator, I have a client who has contracted work from

Law Educator,I have a client who has contracted work from me.I was to develop software for an online product/service. He was to pay money, put forth best efforts to commercialize, establish an operating entity.He is in default on these clauses of the contract. He is no longer communicating. The contract does not define what happens when there is a default or remedies and time to cure. The product/service is complete....each have a non-exclusive right to 100% of the System and all intellectual property developed by the Venture.By the client stonewalling they are enjoying all the benefit of the product/service in their market for free while preventing us from earning any money or other benefit.I do not want to do anything unethical or against business law.The product or service MAY have a large potential. So I want to create a paper trail of facts to deter either their suing us or winning if they do sue. I do not want to sue. I do not want them to cure, I do not believe they will cure, if they do I accept that and will fulfill my responsibilities under the contract.For example;Letter 1; notifying them of the default, setting out the facts and demanding compliance by a reasonable date, or we will be forced to default them out of the contract.Letter 2; You have not responded to the demand letter... you are now in default... you have until (a reasonable time, date) to cure the default... to cure the default you must...Letter 3; The reasonable time has passed, you have not responded, you are beyond the reasonable time to cure... Both parties are free from any and all obligations under the Contract. We will be incurring substantial costs moving forward commercializing the product/service. You have no claims to any future income.I believe something, (maybe more creative than I have shown above) should be a deterrent for them to commence any action against us, and if they did this correspondence should be persuasive to any court.continued...

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,174 satisfied customers
I've a tenant who personally signed a five year commercial

I've a tenant who personally signed a five year commercial lease. He now wants to sell his business. Will he still be responsible for the lease? It states no subleasing in the leaseJA: Because laws vary from place to place, can you tell me what state the property is in?Customer: texasJA: Have you talked to a lawyer yet?Customer: no

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J. Warren

Attorney

Doctoral Degree

4,156 satisfied customers
I. The Company will not issue or sell any New Interests

i. The Company will not issue or sell any New Interests without complying with this Section 5(h). The Company hereby grants to Grantee the preemptive right to purchase his pro rata share of the New Interests that the Company may, from time to time, propose to sell or issue. The Grantee's pro rata share for purposes of this Section 5(h) shall be determined as follows:1. During the twelve (12) months following the Grant Date, Grantee shall be permitted to purchase that amount of New Interests such that, following the issuance of all of the New Interests, Grantee's Percentage Interest shall be 2%.Can they charge me an absurd amount of money?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,174 satisfied customers
When a public company is looking to acquire a private

When a public company is looking to acquire a private company, does the private company's books generally get revised after closing? If so, is there a time limit required by the SEC? What is that limit and are there considerations given to allow enough time to revise accounting practices to meet standards?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

108,174 satisfied customers
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