Limited Liability Companies and Filmmaking

Online, October 14, 2010 (Newswire.com) - Have a great script or idea you need to put into action? Ever wonder what steps you need to take to start a film production? The authors of Limited Liability Companies for Dummies , MyLLC.com wrote an article that walks you through the process. Making sure your film project is properly structured is very important. Especially when it comes time to raising capital or hiring a production crew.

This article walks you through the importance of a Limited Liability Company ( LLC) when it comes time to pitch your ideas to investors. Its allot easier for investors to invest in an entity like a Limited Liability Company rather that a sole proprietorship. You will also learn the tax benefits with operating this way. Lets not forget the liability protection. Most filmmakers have several project under them that need to protected each other from each other.

There are also several options when it comes time to select what state you are going to file your Limited Liability Company ( LLC) out of. When you film in certain states you may also need to foreign qualify in that state. Once you are done in that state you may need to withdraw from that state. This article makes it really easy and simple to understand the business end of the entertainment industry.

If any questions come up you can always speak to an expert at MyLLC at 888 886 9552. There is also a live chat option on the homepage.

For the complete article visit http://www.myllc.com/film-production-llc.aspx