Llc Business Plan Template

Llc Business Plan Template-47
To form a corporation, you must file with the Washington Secretary of State and you must create a governance document – which, in this case, would be bylaws.

To form a corporation, you must file with the Washington Secretary of State and you must create a governance document – which, in this case, would be bylaws.

While it may be tempting to hire someone to prepare your plan, or to buy an off-the-shelf plan for your type of business, it is in your best interest to do the work yourself. It would be wise to work with mentors, consultants, or advisors through the process.

Their guidance can save you a lot of time and effort.

The owner is personally responsible (liable) for all business debts and for federal taxes.

Limited Liability Companies (LLCs) are very popular.

General Partnerships are like sole proprietorships with more than one owner.

Partners share managerial duties, profits and losses, and each is personally responsible (liable) for all business debt.

It helps you and those working with you to stay focused on what’s important.

A vision statement answers the question “What do we want to become?

” It provides you direction as you make decisions that will impact the future of your business.

Your business description provides the “who, what, when, where” of your business, including ownership, the type of business, start date, and the location.

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Comments Llc Business Plan Template

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