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What To Do After Forming an LLC - 6 Crucial Next Steps

Автор: Chris Jackson | Business Attorney | The LLC Guide

Загружено: 2023-03-20

Просмотров: 34694

Описание: Attorney clearly explains the next steps after forming your LLC to prepare it for success and to protect your personal assets. This includes 6 critical next steps you must take (plus some bonus tips).

It's important to follow certain steps after you form an LLC to ensure liability protection and personal asset protection. I'll take you through 6 primary steps with 5 additional tips for after an LLC is created. You will learn exactly what to do after forming an LLC.

If you are interested in a more comprehensive and detailed Next Steps Guide (with examples), a related company of mine has a 21-page roadmap on how to protect your assets and to set up your LLC for success. The price is way too low for what you get (in my opinion). Check it out at: https://bit.ly/Legal-Templates.

00:00 Intro: What To Do After Forming an LLC?
00:35 6 Steps After LLC is Set Up
00:56 Why it's Important to Take These Steps
02:04 Step 1: LLC Operating Agreement (What to Include)
04:39 Step 2: LLC Tax ID (EIN)
05:14 Step 3: Open LLC Bank Account
06:19 Step 4: LLC Business Permit/License
06:30 Step 5: Business Insurance for LLC
06:50 Step 6: S Corp Tax Status (Form 2553)
07:58 Bonus Steps After Forming an LLC

Additional Next Steps After Forming Your LLC:
1. For Comprehensive "Next Steps Guide" (which covers important next steps and operation issues in great detail), go here: ✅ https://bit.ly/Legal-Templates
2. For my video on “How to Pay Yourself from Your LLC,” go here:    • How to Pay Yourself as an LLC in 2025 (to ...  
3. For a Registered Agent Service (with no price increases), go here: (ad) ✅ https://bit.ly/best-registered-agent
4. To Register Your LLC to Do Business in Another State, go here: (ad) ✅ https://bit.ly/foreign-registration

Virtual Office Options:
1. For a Virtual Office (least expensive - mail accessible online), go here: (ad) ✅ https://bit.ly/virtual-office-1
2. For a Virtual Office (where you can have meetings), go here: (ad) ✅ https://bit.ly/AllianceVirtualOffices

LLC Operating Agreement Options:
1. Basic Free Version (included in Standard & Premium Packages) if you follow one of my LLC formation videos by state, which are here: ✅ https://bit.ly/LLC-Formation-By-State
2. Better Free Version, go here: ✅    • Operating Agreement for LLC (Free Template...  
3. The Best Quality Template (attorney-drafted, comprehensive, with an option for a 10% discount from my company): ✅ https://bit.ly/Legal-Templates
4. For DIYers, here's my video on what should be included in your Operating Agreement: ✅    • What to Include in Your Operating Agreement  

LLC & Holding Company Formation:
For my video on Holding Company Structures, go here: ✅    • Why & How to Create LLC Holding Company St...  

LLC Management & Operations:
For my video on Manager-Managed vs Member-Managed LLC, go here: ✅    • Manager Managed vs Member Managed (What's ...  

S Corp Election for Your LLC:
1. For my video on Whether & When to Elect S Corp Tax Status, go here: ✅    • S Corp Election Benefits: Save Taxes and M...  
2. Need help making the S Corp election? (ad) Go Here: ✅ https://bit.ly/s-corp-election

If you are in California or doing business in CA and prefer to hire an attorney to set up an LLC, advise you on proper structures and/or to draft an Operating Agreement or other related documents, feel free to reach out to me at: ✅ https://www.chrisjacksonlaw.com

Thank you!

Best regards,
Chris Jackson
Success Advisors LLC

Bio:
I have over 25 years of experience as a California-licensed business attorney. I'm also an entrepreneur who has owned, managed and sold at a significant profit multiple franchise coffee houses. In addition, I have finance and operational experience in several companies, including as a Chief Operating Officer (COO) and General Counsel of a group of companies.

Legal Disclaimer:
NOTE that nothing in this video is intended to create an attorney-client relationship. This video, the description above, my answers to questions, and my channel are for general information and entertainment purposes only and should not be construed or relied upon as legal or tax advice (generally or specifically). You should not act or rely on any of the information contained herein. For legal or tax advice, I encourage you to get such advice from an attorney and/or CPA authorized to practice in the applicable state.

Affiliate FTC Notice:
Some of the links in the description, video and/or comments may be affiliate (ad) links whereby if you select such links and purchase something, my LLC may earn a commission *(at no extra cost to you)*. Note that I only recommend companies or services I use myself, and any commissions received by my LLC support my channel, and for that I thank you - it is much appreciated!

#llc #limitedliabilitycompany #assetprotection #llc2025 #llc2024

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