Whatโs an LLC (and why should you care)?
An LLC separates you from your business. If your business gets sued or goes into debt, your personal assets are protected.
- โ๏ธ Easy to start
- โ๏ธ Easy to manage
- โ๏ธ Accepted by banks and the IRS
- โ๏ธ You control it 100%
Step-by-Step: Start Your LLC (Nationwide)
- Pick Your Name: Check your stateโs Secretary of State website.
- Registered Agent: Required in every state โ can be you or a service.
- File Articles of Organization: Varies by state, fees range $50โ$300.
- Get Your EIN: Free at irs.gov/ein.
- Write an Operating Agreement: Required in some states, recommended in all.
- Annual Report or Renewal: Most states require yearly filings and fees.
Pro Tips from the Field
- โ Keep personal and business money separate.
- โ Use a PO Box if you want privacy.
- โ Use smart naming: โHoldings,โ โGroup,โ โSolutions,โ etc.
Turn It Into a Trust Later
Once your LLC is live, you can transfer ownership into a revocable living trust for asset protection and legacy planning. That guide is coming next.
Coming Soon: Downloads
- ๐ LLC Operating Agreement Template
- ๐ IRS EIN Walkthrough PDF
- ๐ State-by-State Filing Checklist
- ๐ Trust Assignment Template