Create an LLC, Maintain an LLC: How STARTright helps LLC Owners

STARTright Available for Utah LLC, California LLC and Arizona LLC

For those who do not know, STARTrightllc.com is a new web site where business owners may go to create and maintain an LLC.   The Utah LLC was the first to be available this summer in July.  The California LLC and the Arizona LLC followed quickly in  late July early August.   The main question I have heard from individuals however is, “What do you mean we can create an LLC and maintain an LLC?  Let me make this simple.  I will divide the STARTright LLC services into the “Form an LLC”  and the “maintain an LLC” functions of the website.

Form an LLC

STARTright is based on the solid legal research that shows that in all states, the LLC may be structured into 16 main LLC types.  These 16 LLC types are based upon 3 different factors.  Those factors are:

1. The number and type of members in the LLC
2. The management structure of the LLC
3. The tax structure of the LLC

From these three factors comes a numerous, but finite number of LLC types that may be formed.  STARTright takes these three LLC factors and builds its decision making process based on the three LLC factors.  Let me explain.   

When I was a kid, we read these books called “choose your own adventures”.  You would start the book and read along until you came to a point in the story where the hero (which was supposed to be you) had a decision to make.  If you chose decision “A”, you would turn to a page in the book that took up the story based upon that decision.  If you chose decision “B”, you went to a page in the book that took the story up from choice B.   By the end of the story, you had made 9 or 10 decisions.  If you laid out the decisions in a flow chart, it looked something like this.

 

LLC choose your own adventure

The way in which we have structured the LLC creation process in STARTright is very much the same.  The critical part of the LLC formation formula is not laying out the “choose your own LLC adventure” correctly.  As business lawyer, I have done that numerous times and understand how that works.  The critical component to STARTright working is whether the business owner who is using STARTright understands his options based on those LLC factors sufficiently to make the decision that will meet his business needs.   

The STARTright LLC video collection was developed to help the user understand the concepts surrounding the LLC.  At each step in the LLC creation process, the user can watch a video that explains concepts about the LLC.  By watching these videos the user understands where he or she is at in the decision process and can make the right choice and build an LLC that fits their needs.  These choices build the LLC articles of organization and a decision specific LLC operating agreement.  If the user then runs the LLC by this user agreement, they will ensure the protections promised them in the state LLC Act.

Maintain an LLC

STARTright maintains the LLC in three ways.  First, when the user receives the Articles of Organization back from the state, the user can log into the My STARTright portal and may enter the LLC state file number and date of formation.  Following this, a list of tasks that are commonly necessary in the state to finish proper business setup will appear in the tasks list.   By following these tasks, the user can get all of the necessary business registrations finished.  The second way in which the My STARTright portal helps to maintain an LLC is to provide a place for documents to be kept.  Most people struggle to hold on to their Articles of Organization and Operating Agreement.  In both cases, you can print these documents off, and then upload a signed copy.  This will ensure that you always have access to the most recent copy of your LLC documents.  The final way the LLC is maintained in the STARTright portal is to remind the LLC owner of any state filings that must be made. 

STARTright is the most efficient way to form an LLC on the web.  For a Utah LLC, California LLC or Arizona LLC, the cost is a mere $149 to create an account.  Once this account is set up, you can create multiple LLCs all year.