EDA NM Rainforest University Center Seminar - How to Start and File an LLC Assessment

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Complete this assessment to receive credit for viewing the April 21, 2020 New Mexico Rainforest EDA University Center Seminar, "How to Start and File an LLC" by Stacy Sacco. Recordings and supplemental materials can be found at NMRainforest.com.

Email *

Name (First and Last) *

Branch campus (if applicable)

Gallup

Taos

Valencia

Los Alamos

Main Campus

Not applicable

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What's the key reason for establishing an LLC? *

To mitigate your business risk

To establish yourself as a legitimate business

To protect yourself from competitors stealing your copyright or trademark

True or False? Partnerships can establish an LLC. *

True

False

What's the shortest turnaround time to register your business as an LLC? *

What's the first thing you should do when establishing an LLC? *

Obtain an EIN (Employee Identification Number)

Sign-up for the New Mexico Gross Receipts Tax

Research any competitor's names so you don't duplicate someone else's name

Which state department administers and registers LLCs? *

Governor's office

Secretary of State

Taxation and Revenue Department

Who typically serves as the Initial Registered Agent? *

You, the business owner

Your key investor

Your lawyer

Can you still be sued by a complainant if you have established your business as an LLC? *

Yes

What information do you typically include in your Articles of Organization? *

The name or your LLC

The name and address of your LLC's registered agent

A statement of the LLC's purpose

An indication of how the LLC will be managed

All of the above

What's the name of the site you can use to research your user name across different platforms? *

Google

Craig's List

Namechk

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