✅ How to Easily Start an LLC in 2024 (Simple Checklist) ✅

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  • เผยแพร่เมื่อ 15 ก.ค. 2024
  • Wondering how to start an LLC? Look no further as this comprehensive tutorial walks you through every step of the process from research, formation and maintaining your LLC.
    Our Top Choice for Online LLC Formation is Bizee (paid link) ⬇️
    bizbuddy.com/bizee-llc
    Thank you for using our affiliate link as we earn commissions if you use our links. There is no additional charge for you and we make a $20 donation to charity on your behalf when you use our LLC formation links.
    Get the Free LLC Checklist we built with Notion (be sure to check out the Bonus resources)
    ✅ bizbuddy.com/llc-checklist/ ✅
    TABLE OF CONTETS
    0:00 Intro
    0:22 Ultimate LLC formation guide
    1:08 Ask AI how to form your LLC
    1:45 The LLC Dumpster fire
    3:32 State site vs LLC services
    4:47 Business attorney
    5:04 Decide on a business name
    5:41 Availability of business names
    6:11 Register your LLC name
    7:27 Articles of Organization
    10:05 File the Articles of Organization
    11:21 Assign a Registered Agent
    11:31 Operating Agreement
    12:32 Setup an EIN Number
    13:14 Business licenses
    14:41 What an LLC does for you?
    17:10 Top 5 LLC online services
    18:24 Associated fees involved
    21:08 State website issues
    23:35 Business Attorney
    27:10 Maintain your LLC
    30:20 Best tool for your LLC
    32:06 Bonuses
    Bizee Review (what post purchase looks like) ➡️ • Starting an LLC? My Ho...
    If you need payroll services check out our latest Gusto review ➡️ • Gusto Review after 3 Y...
    For those that don't want to get the Notion doc here's the checklist:
    *Before LLC Formation*
    ☐ Decide which route you go (State Site / LLC Services / Attorney )
    ☐ Decide on a business name for your LLC
    ☐ Search availability of your business name - bizbuddy.com/llc-business-nam...
    *Form your LLC*
    ☐ Get your LLC setup - State Directory
    ☐ Register your LLC name - See Comment
    ☐ Write your Articles of Organization - bizbuddy.com/llc-articles-of-...
    ☐ File your Articles of Organization with the Secretary of State (requires a fee)
    ☐ Assign a Registered Agent
    ☐ Create and sign an LLC Operating Agreement
    *After LLC Formation*
    ☐ Setup an EIN - www.irs.gov/businesses/small-...
    ☐ Obtain business licenses and permits for your LLC - www.sba.gov/business-guide/la...
    ☐ Federal government
    ☐ State government
    ☐ Local government
    Table of Contents:
    Disclaimer- I am not an attorney or a CPA, just a small business owner who has researched this information thoroughly while setting up my own LLC (S-Corp now). This is meant as educational information but now legal advice in any way. If you need legal advice please consult with your attorney and CPA on the best fit for your needs.

ความคิดเห็น • 44

  • @Nekluvs2smile
    @Nekluvs2smile 7 วันที่ผ่านมา

    Thank you so much for this video! It was so helpful, and you explained things very well. I'm more of a reading & visual learner so including the visuals with text was perfect! I got my free LLC Checklist as well, so thank you for that too! Greatly appreciated 💕.

  • @Jessica-hm8yw
    @Jessica-hm8yw 7 วันที่ผ่านมา

    Great video!

  • @lwisniewski8273
    @lwisniewski8273 6 หลายเดือนก่อน +7

    The only thing I didn't take away with was, if the state I live in is different than the state I earn my money in, which state do I register my LLC? Thank you VERY much for this video, I love that you break it down for us.

  • @frederickmai
    @frederickmai 5 หลายเดือนก่อน +1

    Awesome content. Huge work behind it!

  • @seanpeterson862
    @seanpeterson862 3 หลายเดือนก่อน

    Thank you!

  • @rubenrios1516
    @rubenrios1516 3 หลายเดือนก่อน

    Thanks!

  • @CreativelyChallenged
    @CreativelyChallenged 6 หลายเดือนก่อน +3

    "I appreciate your help. I don't have much knowledge about LLCs. My daughter is planning to get an LLC for her barber business, and I am thinking of starting an Etsy shop to sell handmade items, t-shirts, mugs, tumblers, etc. Your advice has given me some idea of what to consider while making a decision."

    • @bizbud
      @bizbud  6 หลายเดือนก่อน

      Thanks for the thoughtful comment. I appreciate it and best of luck with the businesses.

  • @rubenrios1516
    @rubenrios1516 3 หลายเดือนก่อน

    One of the more thorough videos I've watched, thank you

    • @bizbud
      @bizbud  3 หลายเดือนก่อน

      Dude. First time anyone has ever given me a tip thanks. So kind of you. I really appreciate that. Made my night.

  • @ChicagoViews
    @ChicagoViews 6 หลายเดือนก่อน +1

    Biz Buddy this was a very beautiful video thank you so very much😊

    • @bizbud
      @bizbud  6 หลายเดือนก่อน +1

      Thank you!

  • @MrCoral821
    @MrCoral821 4 หลายเดือนก่อน +1

    Hey Buddy,
    Thanks. Very good video, one of the best I found in this llc area.
    question: Is is good checklist for non USA residents too? Can you share more details about it?

  • @user-yx5gi6fq6z
    @user-yx5gi6fq6z 4 หลายเดือนก่อน

    Thank you for all of the videos. Do you think I should start the LLC before I take the training to generate money for my CPR instructing business?

  • @tyz_btw
    @tyz_btw 5 หลายเดือนก่อน

    Yessir

  • @1tski74
    @1tski74 4 หลายเดือนก่อน

    thank you very much, i got to understand alot about LLCs but i have one question, can you please advise me on how to setup an LLC in USA if i am outside USA. What additional things will i be needing and where can i get them. Also what kind of taxes are associated with LLCs and which state is the best ti save on taxes. Thank you very much.

  • @cooperwillliamsrealtor
    @cooperwillliamsrealtor 5 หลายเดือนก่อน

    I love the way you present with you on one side screen on the right what program do you use

    • @bizbud
      @bizbud  5 หลายเดือนก่อน

      Thanks! I use camtasia for recording my screen and also the camera on me.
      Then my editor mixes those two visuals in different cut ups to keep it interesting.
      I find camtasia for Mac to be easier than some and less buggy than others (screenflow)

  • @obinna_okechukwu
    @obinna_okechukwu 2 หลายเดือนก่อน

    Great video! About using online application services, can a non US citizen use Bizee to create an LLC

  • @terrihildebrand4517
    @terrihildebrand4517 3 หลายเดือนก่อน

    How could I get printable copies of the checklists you are showing. They are a great outline.

  • @SAK89
    @SAK89 4 หลายเดือนก่อน

    Sir I wanted to know to run your LLC SMOOT what things we need . I mean sales tax , vat etc etc does we need to file other thing as well

  • @rockosmith9874
    @rockosmith9874 3 หลายเดือนก่อน

    Any refurls for trademarking logos etc

  • @theofficialmechelle
    @theofficialmechelle 4 หลายเดือนก่อน

    🤗❤️🔥🔥🔥🔥

  • @troytinsley148
    @troytinsley148 4 หลายเดือนก่อน

    I wouldl think it's better to set up the EIN after my LLC is established. That way, I'll have the correct name of my business being "name of my business" LLC.

  • @troytinsley148
    @troytinsley148 4 หลายเดือนก่อน

    Great information you've provided. I have your Notion doc, but after I think I've installed it, I can't locate it within Notion.

    • @bizbud
      @bizbud  4 หลายเดือนก่อน

      Shoot me an email at eric@locoventures.co and I can help share it with you.

  • @DaKidDizzy1
    @DaKidDizzy1 4 หลายเดือนก่อน

    If i already purchased a home in my name but now I’m starting a property management company to do rental properties, do i then need to switch my rental property over to an LLC?

  • @georgebrooks7899
    @georgebrooks7899 2 หลายเดือนก่อน

    What if I already have a business license for rideshare driving (because L.A. County required it) but want to start a multimedia production company? Do I need another business license for that LLC? Or can I do business as both under the one license?

  • @lifeofyanique381
    @lifeofyanique381 6 หลายเดือนก่อน +2

    Thank you for this video, would I need an operating agreement if I’m a single member LLC ?
    Can I add it later? If yes how late can I add this after creating the LLC …
    I will be creating an LLC for Real Estate investing (buying Land & Tax Deed)

    • @bizbud
      @bizbud  6 หลายเดือนก่อน +3

      Thanks. The only states that require an LLC operating agreement are California, Delaware, Maine, Missouri and New York.
      So if you’re not in those states you don’t have to have one at all. But it’s a good idea to get one and you could get one setup later on if needed.

  • @lionessluv8870
    @lionessluv8870 หลายเดือนก่อน

    I just used a online service - and they told me that I needed to file a proof of ownership and a legal separation document and that I needed those documents for them to be my registered agent. Also it would be an extra $200 for them to do this for me. Mind you these two things were offered in there top tier package. I live in Texas so is this new because I don’t remember needing this when I set up my ex husband LLC four years ago. I feel like they were just trying ri get me to spend more money on something that either isn’t needed or I could file on my own. What’s your thoughts?

    • @bizbud
      @bizbud  หลายเดือนก่อน

      Definitely sounds fishy. I just filed 7 LLCs recently for an in depth review I’m working on and none of them required that. What service did you use?

  • @trudyp2461
    @trudyp2461 5 หลายเดือนก่อน

    This video is awesome! You are a master at bringing information together in a meaningful, no nonsense way and the amount of work it takes to create all of the information in it with the links, table of contents, written document is remarkable. Thank you.

  • @angeloquendo1418
    @angeloquendo1418 5 หลายเดือนก่อน

    I want to start an LLC in Puerto Rico but still reside in the mainland, want to take advantage of the tax incentives the Island offers. Can you help me out if possible on how to start it!!

    • @bizbud
      @bizbud  5 หลายเดือนก่อน

      I’m not an accountant or CPA. But my understanding is that the PR tax advantages requires you to live there half the year.
      If you go that route you gotta do that 6month and day thing bc you’re likely to get audited when using that tax advantage.

  • @reyesherrera2600
    @reyesherrera2600 5 หลายเดือนก่อน

    LOVE THIS VIDEO. If I go with bizze, do I still need an attorney CPA

  • @sa1nt_john.v1
    @sa1nt_john.v1 6 หลายเดือนก่อน

    Ok so, say 1 year fee is $100 but then after 5 years says ($ X amount).. does that mean youre charged that higher X amount after 5 years or is that what youre expected to have already paid by then, after the 5 years of the fees needed for service, taxes, renewal fees etc?

    • @bizbud
      @bizbud  5 หลายเดือนก่อน

      The 5 year fee is the total cost after 5 years including initial setup fees and recurring annual fees such as your annual report fee or registered agent service

  • @user-ye7cy7kt7s
    @user-ye7cy7kt7s 6 หลายเดือนก่อน

    Great Video but I can't open the checklist :(

    • @bizbud
      @bizbud  6 หลายเดือนก่อน

      Were you getting an error message? What happened when you tried to access it?

  • @meaghanntoomey6181
    @meaghanntoomey6181 3 หลายเดือนก่อน

    I signed up for the checklist and just got a link to the same video?

    • @bizbud
      @bizbud  3 หลายเดือนก่อน

      I gotta get this figured out. Was that link in the automated email you received?