Limited Liability Company is relatively a new form of business in the US. All the 50 states have enacted laws to legally recognize the LLC form of business with some variations. LLC definition is it is a legal business structure which offers personal liability protection to business owners as in a Corporation and provides the flexibility of operations as in a partnership. This is an appropriate structure for small businesses that needs high flexibility in decision making and operational procedures. The limited liability status protects the business owners from debts and liabilities of the business.
The procedures and formalities for organizing an LLC depend on the laws of the state in which the LLC is being organized. Different states have varied requirement for forming an LLC. Filing an Articles of Organization and paying the filing fees is common to all states. The articles may vary in each state. But all states require that the purpose and the personal details of the members and registered agent be included in the Articles. Some states insist on an LLC operating agreement along with the articles and publication of the intent to form the LLC.
For organizing or incorporating yourself in a state, spend some time with the instructions provided by the state for LLC formation. The procedures and formalities are not complicated and you may save considerable amount of money by incorporating yourself. The Articles are usually a standard form which requires to be filled and signed by the organizer. How to choose a name for your LLC or to find whether the name chosen by you is available for use to ‘do business as’ are clearly stated in the instructions by states. Though it is quite possible to do it yourself, it may be advisable to get professional help in drafting your operating agreement to avoid any complications with law at a future date.
Typing in the phrase make money Google on any search engine will land you over 9,000,000 websites telling you how you can learn to make money online with Google Adsense. This is very refreshing, as if you would have searched for this phrase 6-8 months ago, you would have come up with websites leading you to all types of scams.
Typically the scams were set up this way: a company using the Google logo without Google’s permission lured you into purchasing a CD full of information on how to make money by posting ads on Google. The claims were usually along the lines of 10 minutes a day of work would net you thousands of dollars a month. All you had to do was fill out a form to request the free CD. The catch was you only had to pay shipping and handling, which was usually a minimal amount – anywhere from $1.95 – $4.95 but always less than $5.
What if you found out you didn’t want it? Well, you could send it back within the trial period of 7-14 days. Most people, thinking it was very fair, went ahead and entered their credit card information. What the company didn’t tell you was that the trial period started from the day the order was placed. By the time the CD arrived, the trial period was probably over, and charges would appear on your credit card bill that sometimes totaled upwards of $100. If the purchase wasn’t canceled, this would be billed continuously in monthly installments.
It proved difficult to get the charges taken off of the credit card for consumers who called their company to dispute the purchase. Technically it does fall under fraud; however reading the terms of service on the website would reveal fine print which states that by signing up for the product, the consumer agree to all actions – or liberties – the company decides to take with your credit card. While this practice is, in fact, sordid and did get these companies in a lot of trouble due to the countless complaints springing up from banks and credit card companies throughout the nation, it still hasn’t been completely abolished. The Google CD scam has been shut down, but other scams that use the same practices, like tooth whitening and diet pills, have yet to follow.
For the sake of argument, let’s assume you are desperately in love with fish sticks.
Just go with it, okay?
You’re a fish stick fanatic. Breakfast, lunch, dinner, tea, supper, midnight snack – fish sticks.
And, just for the sake of argument, let’s assume you have a website entirely devoted to the little fried critters. Fish stick fans from across the globe flock to your site to confess their addiction, discuss proper condiment pairing, and set up dining occasions. Well, odd as your fishy site may be, it could be making money with Google.
Google’s AdSense program allows you to sell the extra space on your site as advertising, a fishy billboard to the masses. Here’s how:
Google’s clients come to Google, desperate to sell fish sticks and other related paraphernalia. And, really, they don’t know where else to turn. They’ve got a pretty specific market – these are gourmet fish sticks here. Their target audience has got to really love the things.
So Google takes the case. They charge the fishmongers a small rate for every time an ad is clicked on. Then Google spreads these ads around their search result pages, especially those related to keywords like “fish,” “fish stick,” and “Van de Kamp.” Sales soar for the fish stick sellers, and Google gets paid for the ads.
But both of these parties could make more money if the ads were more widely spread. Granted, a lot of people use Google, but some people who love fish already know where to look (i.e., your fan site.) So, Google offers to advertise on your website. Your site now shows ads to all those fishy admirers, relating to all their fish stick needs. More ads are seen, more ads are clicked, and both you and Google make money.
So, do you want a little extra money from that crazy fish site? Check out more information about Google’s AdSense program!