LLC INTAKE INFORMATION/ADVICE PRINT THIS INFORMATION AND BRING IT WITH
YOU TO A CONSULTATION OR USE IT TO ESTABLISH A BUSINESS ON YOUR OWN!
SECTION I: ADVICE
This document has been prepared to help you create a business structure that will survive
the test of time. Under some recent studies, new small businesses have only a 50% rate of
continuing past the first year and less that 30% rate of lasting five or more years. With
preparation and planning, you can avoid the pit falls of so many other businesses. To get
you started in the right directions here are some helpful words of advice.
1. Get assistance in areas that you are not comfortable working in.
2. Create a business plan. This will help you set realistic goals and provide investors
with an easy to digest summation of your proposed business.
3. Look to the small business administration for helpful tips to make your business
work.
4. Consider the tax advantages of filing an LLC versus another type of business
entity.
a. Sole Proprietor
b. Partnership
c. Limited partnership
d. Corporations
e. Limited liability company
f. Chapter S considerations
g. Chapter C considerations
5. Look at IRS publications 334, 539, 583, and publication 15 circular E.
6. If you have general tax questions about your small business try using the tax payer
assistance hotline of Florida at 800-352-3671.
7. Join the Chamber of Commerce in your area and consider advertising through
them.
8. Keep your yearly filing for your LLC current, the failure to do will jeopardize your
limited liability status.
9. Keep all of your tax information and up to date accounting records at the place of
business. According to state law, members must be able to access these documents
during regular business hours.
10. Place your federal tax ID number on all documents sent to the IRS to avoid fees.
11. When taking on new employees remember to fill out a W4 and W2. Additionally,
you will want to file File both the W2 and W3 IRS forms before February 28 of each year.
12. Quarterly reports must be filed on IRS form 941
SECTION II: INFORMATION NEEDED
1. What type of business will you have?
_____________________________________________
2. Will you be selling good or services?
_____________________________________________
3. What is the proposed name of your business?
__________________________________________
4. If your first choice is not available what other names have you considered?
_____________________________________________
_____________________________________________
5. What type of legal entity would you like to create
a. Sole proprietor _____
b. Partnership _____
c. Corporation _____
d. Limited Liability Company _____
6. Do you have a Federal Employer’s Identification Number
a. No. _____
b. Yes _____ The number is _____________________
7. Owner Information:
a. Full Legal name: _____________________________________________
b. Title if officer: _____________________________________________
c. Social Security Number:
_____________________________________________
d. Residential Address: _____________________________________________
_____________________________________________
_____________________________________________
e. Phone Number: _____________________________________________
f. Date of Birth: _____________________________________________
g. Are you a legal resident of the United States:
___________________________
h. Have you ever had any other business: ___________________________
i. If yes what were the names of those businesses:
____________________________
____________________________
____________________________
ii. Did you have a Federal Employer’s Tax Identification Number associated with that
business? ________ # ______________________
i. Do you hold any professional licenses? ______________
If yes which type? _____________________________
8. If you are purchasing this business please complete this section, otherwise go onto
question 9.
a. Name of previous owner?
_____________________________________________
b. Address of previous owner?
_____________________________________________
_____________________________________________
_____________________________________________
c. What was the previous trade name of the business?
_____________________________________________
d. What was the Federal Employer’s Tax Identification Number associated with the
previous business? _____________________________________________
e. What was the mailing address of the business?
_____________________________________________
_____________________________________________
_____________________________________________
f. What was/will be the date of purchase?
_____________________________________________
9. What will be the business address, including the street address, city, and county
_____________________________________________
_____________________________________________
_____________________________________________
10. Will there be any beer or alcohol sold?
_____________________________________________
a. If yes, have you applied for/obtained the proper licenses
___________________________
b. Number of license: _____________________________________________
11. What date would you like to begin your business?
______________________________________
12. What will be the date of dissolution if you are starting an LLC? This may run into
perpetuity if desired. _____________________________________________
13. What is the maximum number of employees you will have during the first fiscal
year?_________
14. Estimated amount of money needed to start business:
a. Salary of owner (if known, otherwise please refer to an accounting expert):
____________
b. Other salary if any: ____________
c. Rent: ____________
d. Advertising costs: ____________
e. Delivery expenses: ____________
f. Amount and cost of initial supplies: ____________
g. Telephone expenses: ____________
h. Utility Requirements: ____________
i. Insurance premiums: ____________
j. Taxes: ____________
k. Interest cost on outstanding debt: ____________
l. Maintenance: ____________
m. Legal and professional fees: ____________
n. Furniture and fixtures: ____________
o. Decorations/remodeling costs: ____________
p. Instillation: ____________
q. Inventory costs: ____________
r. Costs of professional license: ____________
i. Cost of City occupational license: ____________
ii. Cost of County occupational license: ____________
s. Miscellaneous: ____________
TOTAL INITIAL COSTS:___________________
15. Anticipated source of initial capital:
a. Capital contribution from owners:
i. __________________________ $__________________
ii. __________________________ $__________________
iii. __________________________ $__________________
iv. __________________________ $__________________
b. Capital from banks and/or investors:
i. __________________________ $__________________
ii. __________________________ $__________________
iii. __________________________ $__________________
iv. __________________________ $__________________
c. Suppliers line of credit:
i. __________________________ $__________________
ii. __________________________ $__________________
iii. __________________________ $__________________
iv. __________________________ $__________________
d. Mortgage Amounts: (if necessary)
i. __________________________ $__________________
ii. __________________________ $__________________
TOTAL INITIAL CAPITAL:____________________
16. Estimated Net Annual Income to owner or owners:_______________________
17. Accountant information (please ask if you would like a recommendation):
Name: _________________
Address: _________________
_________________
_________________
Telephone: _________________
SECTION III; DOCUMENTATION NEEDED
1. Fictitious business or trade name certificates.
a. File notice of fictitious name.
b. Publish notice.
c. Prepare/file registration certification.
2. Employment contract.
a. Term or service
b. Non-compete agreement.
3. Existing loan agreements.
4. Contract for goods and services.
5. Written Business plan.
6. Permits and licenses already obtained.
I, the undersigned hereby swear or affirm that all information contained within this
document to true and correct to the best of my knowledge:
Name: ____________________________ Signature:
_________________________
Name: ____________________________ Signature:
_________________________
Name: ____________________________ Signature:
_________________________
SECTION IV: TO BE FILLED IN BY ATTORNEY
1. Date of incorporation?______________________________________
a. Number of shares authorized and issued:
_______________________________________
b. Is this a domestic corporation? ____________
2. Registration agreement covered: ________________
3. Operating agreement covered: ________________
4. Assigned tasks to be completed:
a. _____________________________________
b. _____________________________________
c. _____________________________________
d. _____________________________________
5. If LLC who will be the members and what percentage of ownership will the have.
a. Member Name: _____________________________________
Capital contribution: _________________________________
Percentage ownership: ________________________________
b. Member Name: _____________________________________
Capital contribution: _________________________________
Percentage ownership: ________________________________
c. Member Name: _____________________________________
Capital contribution: _________________________________
Percentage ownership: ________________________________
YOU TO A CONSULTATION OR USE IT TO ESTABLISH A BUSINESS ON YOUR OWN!
SECTION I: ADVICE
This document has been prepared to help you create a business structure that will survive
the test of time. Under some recent studies, new small businesses have only a 50% rate of
continuing past the first year and less that 30% rate of lasting five or more years. With
preparation and planning, you can avoid the pit falls of so many other businesses. To get
you started in the right directions here are some helpful words of advice.
1. Get assistance in areas that you are not comfortable working in.
2. Create a business plan. This will help you set realistic goals and provide investors
with an easy to digest summation of your proposed business.
3. Look to the small business administration for helpful tips to make your business
work.
4. Consider the tax advantages of filing an LLC versus another type of business
entity.
a. Sole Proprietor
b. Partnership
c. Limited partnership
d. Corporations
e. Limited liability company
f. Chapter S considerations
g. Chapter C considerations
5. Look at IRS publications 334, 539, 583, and publication 15 circular E.
6. If you have general tax questions about your small business try using the tax payer
assistance hotline of Florida at 800-352-3671.
7. Join the Chamber of Commerce in your area and consider advertising through
them.
8. Keep your yearly filing for your LLC current, the failure to do will jeopardize your
limited liability status.
9. Keep all of your tax information and up to date accounting records at the place of
business. According to state law, members must be able to access these documents
during regular business hours.
10. Place your federal tax ID number on all documents sent to the IRS to avoid fees.
11. When taking on new employees remember to fill out a W4 and W2. Additionally,
you will want to file File both the W2 and W3 IRS forms before February 28 of each year.
12. Quarterly reports must be filed on IRS form 941
SECTION II: INFORMATION NEEDED
1. What type of business will you have?
_____________________________________________
2. Will you be selling good or services?
_____________________________________________
3. What is the proposed name of your business?
__________________________________________
4. If your first choice is not available what other names have you considered?
_____________________________________________
_____________________________________________
5. What type of legal entity would you like to create
a. Sole proprietor _____
b. Partnership _____
c. Corporation _____
d. Limited Liability Company _____
6. Do you have a Federal Employer’s Identification Number
a. No. _____
b. Yes _____ The number is _____________________
7. Owner Information:
a. Full Legal name: _____________________________________________
b. Title if officer: _____________________________________________
c. Social Security Number:
_____________________________________________
d. Residential Address: _____________________________________________
_____________________________________________
_____________________________________________
e. Phone Number: _____________________________________________
f. Date of Birth: _____________________________________________
g. Are you a legal resident of the United States:
___________________________
h. Have you ever had any other business: ___________________________
i. If yes what were the names of those businesses:
____________________________
____________________________
____________________________
ii. Did you have a Federal Employer’s Tax Identification Number associated with that
business? ________ # ______________________
i. Do you hold any professional licenses? ______________
If yes which type? _____________________________
8. If you are purchasing this business please complete this section, otherwise go onto
question 9.
a. Name of previous owner?
_____________________________________________
b. Address of previous owner?
_____________________________________________
_____________________________________________
_____________________________________________
c. What was the previous trade name of the business?
_____________________________________________
d. What was the Federal Employer’s Tax Identification Number associated with the
previous business? _____________________________________________
e. What was the mailing address of the business?
_____________________________________________
_____________________________________________
_____________________________________________
f. What was/will be the date of purchase?
_____________________________________________
9. What will be the business address, including the street address, city, and county
_____________________________________________
_____________________________________________
_____________________________________________
10. Will there be any beer or alcohol sold?
_____________________________________________
a. If yes, have you applied for/obtained the proper licenses
___________________________
b. Number of license: _____________________________________________
11. What date would you like to begin your business?
______________________________________
12. What will be the date of dissolution if you are starting an LLC? This may run into
perpetuity if desired. _____________________________________________
13. What is the maximum number of employees you will have during the first fiscal
year?_________
14. Estimated amount of money needed to start business:
a. Salary of owner (if known, otherwise please refer to an accounting expert):
____________
b. Other salary if any: ____________
c. Rent: ____________
d. Advertising costs: ____________
e. Delivery expenses: ____________
f. Amount and cost of initial supplies: ____________
g. Telephone expenses: ____________
h. Utility Requirements: ____________
i. Insurance premiums: ____________
j. Taxes: ____________
k. Interest cost on outstanding debt: ____________
l. Maintenance: ____________
m. Legal and professional fees: ____________
n. Furniture and fixtures: ____________
o. Decorations/remodeling costs: ____________
p. Instillation: ____________
q. Inventory costs: ____________
r. Costs of professional license: ____________
i. Cost of City occupational license: ____________
ii. Cost of County occupational license: ____________
s. Miscellaneous: ____________
TOTAL INITIAL COSTS:___________________
15. Anticipated source of initial capital:
a. Capital contribution from owners:
i. __________________________ $__________________
ii. __________________________ $__________________
iii. __________________________ $__________________
iv. __________________________ $__________________
b. Capital from banks and/or investors:
i. __________________________ $__________________
ii. __________________________ $__________________
iii. __________________________ $__________________
iv. __________________________ $__________________
c. Suppliers line of credit:
i. __________________________ $__________________
ii. __________________________ $__________________
iii. __________________________ $__________________
iv. __________________________ $__________________
d. Mortgage Amounts: (if necessary)
i. __________________________ $__________________
ii. __________________________ $__________________
TOTAL INITIAL CAPITAL:____________________
16. Estimated Net Annual Income to owner or owners:_______________________
17. Accountant information (please ask if you would like a recommendation):
Name: _________________
Address: _________________
_________________
_________________
Telephone: _________________
SECTION III; DOCUMENTATION NEEDED
1. Fictitious business or trade name certificates.
a. File notice of fictitious name.
b. Publish notice.
c. Prepare/file registration certification.
2. Employment contract.
a. Term or service
b. Non-compete agreement.
3. Existing loan agreements.
4. Contract for goods and services.
5. Written Business plan.
6. Permits and licenses already obtained.
I, the undersigned hereby swear or affirm that all information contained within this
document to true and correct to the best of my knowledge:
Name: ____________________________ Signature:
_________________________
Name: ____________________________ Signature:
_________________________
Name: ____________________________ Signature:
_________________________
SECTION IV: TO BE FILLED IN BY ATTORNEY
1. Date of incorporation?______________________________________
a. Number of shares authorized and issued:
_______________________________________
b. Is this a domestic corporation? ____________
2. Registration agreement covered: ________________
3. Operating agreement covered: ________________
4. Assigned tasks to be completed:
a. _____________________________________
b. _____________________________________
c. _____________________________________
d. _____________________________________
5. If LLC who will be the members and what percentage of ownership will the have.
a. Member Name: _____________________________________
Capital contribution: _________________________________
Percentage ownership: ________________________________
b. Member Name: _____________________________________
Capital contribution: _________________________________
Percentage ownership: ________________________________
c. Member Name: _____________________________________
Capital contribution: _________________________________
Percentage ownership: ________________________________
| Kenneth Bohannon, P.L. |
| A Central Florida Law Firm |
Starting A LLC
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| Phone: (386) 427 - 5227 |
| Consultation@CFLLawyer.com |
| www.CFLLawyer.com |
| 221 North Causeway New Smyrna Beach, FL 32169 |
| Phone: (386) 427-5227 Fax: (386) 423-3909 |
We provide this site as a time-saving step for you in your search for legal services. The information on this site does not constitute
legal advice and has been prepared for information purposes only. Transmission and/or receipt of materials provided by our web site is
not intended to create an attorney-client relationship. Please be further advised that the act of sending e-mail to an attorney at Kenneth
Bohannon, P.L. will not create an attorney-client relationship. Please browse through our pages and leave your inquiries at our
Contact Form or by telephone at (386)427-5227.
legal advice and has been prepared for information purposes only. Transmission and/or receipt of materials provided by our web site is
not intended to create an attorney-client relationship. Please be further advised that the act of sending e-mail to an attorney at Kenneth
Bohannon, P.L. will not create an attorney-client relationship. Please browse through our pages and leave your inquiries at our
Contact Form or by telephone at (386)427-5227.
| The U.S. Supreme Court |