Don't Make These 8 LLC Mistakes! (Updated for 2023)

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  • เผยแพร่เมื่อ 27 พ.ย. 2024

ความคิดเห็น • 68

  • @strohmeyerlawpllc
    @strohmeyerlawpllc ปีที่แล้ว +7

    And coming in 2024--failure to file your initial or updated Corporate Transparency Act Beneficial Owner disclosures.

    • @kolehollis5852
      @kolehollis5852 10 หลายเดือนก่อน +1

      Thanks for mentioning this. How do you keep up with this stuff so I can stay up to date on that too?

  • @CraftySheenaa
    @CraftySheenaa 5 หลายเดือนก่อน +1

    Thank you. Thank you 🙏🏽
    I’m so glad I ran into your channel .
    I’ve been binge watching for two days trying to make sure I set up everything correctly

    • @jimhart
      @jimhart  5 หลายเดือนก่อน

      You got this!

  • @az8__
    @az8__ ปีที่แล้ว +2

    Crazy how you started talking about São Miguel, that's where I'm from!
    Thanks for all the advice man, hope you enjoyed your time on the island!

  • @kobinathan8163
    @kobinathan8163 9 หลายเดือนก่อน +1

    Yep! I'm sold - purchasing your LLC package!

    • @jimhart
      @jimhart  8 หลายเดือนก่อน

      Thanks!

  • @stephenfiore9960
    @stephenfiore9960 2 หลายเดือนก่อน +1

    1x(9/23/24)……excellent….You are easy to understand. I like you don’t talk to fast & your videos are short & bite-sized. Thank you

    • @jimhart
      @jimhart  2 หลายเดือนก่อน

      I appreciate that!

  • @KristinOzzello
    @KristinOzzello ปีที่แล้ว +2

    Thank you for posting. Say you decide not to get a registered agent when you first form your LLC, are you able to change your mind and add in the future? Same question in regards to business address. In general, are you able to edit your LLC? I appreciate the info, thanks again!

  • @CloudNetworkArchitectJT
    @CloudNetworkArchitectJT ปีที่แล้ว +7

    Thanks Jim for all your amazing content. One question, for a Real-Estate business if I want an anonymous llc protection in various states for each rental, with then a parent LLC in Wyoming seems like a good option. The fees are super low and are tax write off so its a wash and your totally protected, right? What problems did your client experience regarding his Wyonming business? Thank you again for your time.

  • @neddoh4300
    @neddoh4300 หลายเดือนก่อน

    Good basic info. Crazy you recommend forming LLC in your own state. Remedies differ greatly for CA vs. WY vs DE

    • @jimhart
      @jimhart  หลายเดือนก่อน

      Most lawyers make that same recommendation I would imagine. Unless you are a startup and seeking funding from investors.

  • @carlos.sierra
    @carlos.sierra ปีที่แล้ว +1

    I want to set up my LLC soon for my videography/photography business. So, this was helpful! Thanks!

    • @jimhart
      @jimhart  ปีที่แล้ว +1

      Glad it was helpful!

  • @4nn1h1l4t1On
    @4nn1h1l4t1On ปีที่แล้ว +2

    The cat is excused. I love it. Obrigadinho.

  • @spencerloch6449
    @spencerloch6449 6 หลายเดือนก่อน +1

    Wow. Great listen Jim! Well spoken and excellent information. Likely speaking to you soon haha!

    • @jimhart
      @jimhart  6 หลายเดือนก่อน

      Sounds good!

  • @localflavor1866
    @localflavor1866 ปีที่แล้ว +1

    Unless your registered agent offers virtual address, like Northwest, then they will definitely drop you for using their address on your articles of association.

  • @mmmmmray
    @mmmmmray ปีที่แล้ว +6

    This was such a great video. I wish I saw this before I opened my LLC three years ago.

  • @georgesmith827
    @georgesmith827 ปีที่แล้ว +1

    Thanks for all the great advice as always Jim.

    • @jimhart
      @jimhart  ปีที่แล้ว

      You bet

  • @stephengarland800
    @stephengarland800 ปีที่แล้ว +1

    If we should not use the registered agent address as the business address, is there a way to get some anonymity (privacy/shielding from scammers), as well as someone being present during normal business hours to receive packages? Thank you for your time and information.

  • @Andrayah-k1c
    @Andrayah-k1c ปีที่แล้ว +1

    Hi Jim thanks for the educational information. My question is, can you opt to be taxed as a s- corp, at time of filing LLC?

  • @mariasheridan3973
    @mariasheridan3973 ปีที่แล้ว +1

    Hello Jim, I am happy I found your channel, however, I hope I am not too late, you see I went ahead and used my state, Colorado, website and formed my LLC. I did not start a sole ownership I just went ahead and established an LLC because I thought that was the best first step in starting my online biz which would be for importing and exporting, mainly from Peru, I have my sister in Peru and she has her company there and due to the free treaty marker between these two countries we want to take advantage of this. Sir, if it is too late for me, I have not done nothing else yet.

  • @TzarbombahMusic
    @TzarbombahMusic ปีที่แล้ว

    Loving your videos. Fellow North Carolinian

  • @OptimisticJourneyForYou
    @OptimisticJourneyForYou ปีที่แล้ว +2

    I registered my LLC in Texas and Georgia, however, I am opening a store in Texas but found an operating store (in another state) with my exact LLC name (yikes). This means I now have to figure out a different store name which is disappointing. I figure it's not worth fighting for a store name already being used since an LLC does not have to match the name of your business, right? All this stuff is so new to me and overwhelming, any recommendations?

  • @CBMTM2086
    @CBMTM2086 ปีที่แล้ว +2

    You the man

  • @shadowcross7248
    @shadowcross7248 ปีที่แล้ว +1

    If I move to another state. How long should I wait to form a LLC in that state?

  • @davidparga2762
    @davidparga2762 ปีที่แล้ว +2

    I just registered my LLC last night, and I don’t think I did enough research. I appointed myself as registered agent. Is there any way I can change that? Maybe get one of these online agents ?

    • @jimhart
      @jimhart  ปีที่แล้ว +1

      Yes! Here is the affiliate I recommend. hawthornlaw.net/agent

  • @janabaker4219
    @janabaker4219 ปีที่แล้ว

    Wonderful video Jim! @15:25ish in your video, you mention about how to reference the contract, what if it is supposed to be a multi-LLC? How is it it supposed to read? Are both names listed?

  • @madhuryamaa
    @madhuryamaa ปีที่แล้ว +1

    Do I need to register under my home address if its a home-based business?

  • @tonysmith5785
    @tonysmith5785 11 หลายเดือนก่อน

    I’m looking to start a business in Florida in the winter months and then moving it to Michigan where I reside.
    Will I need separate LLCs?

  • @beeAtraveler
    @beeAtraveler 2 หลายเดือนก่อน

    What do you suggest about how to operate a business in portugal. More online business, if we live in U.S. the best structure etc.

    • @jimhart
      @jimhart  หลายเดือนก่อน

      Do you mean operate a US based business virtually from abroad, or operate a Portuguese based business?

  • @Biblia1
    @Biblia1 ปีที่แล้ว

    Hey, I have a question. What if I have a registered LLC and want to do staffing since it is on general services? Am I required a license?

    • @jimhart
      @jimhart  ปีที่แล้ว

      That is a state specific issue.

  • @sharrdashah3807
    @sharrdashah3807 ปีที่แล้ว +1

    I live in Sydney, Australia and own a Pty Ltd Company in Australia since 2004, doing Consulting. I wish to work from Delaware, USA for family reasons. I would like to create a Single Member LLC in Delaware so that I can work from the there. The E3 Visa requires that my company has a presence in the USA for me to be working there. While I am there, I will develop my business in Delaware. Can you help me ? Provide some advice or comments please ?

  • @Spyder2002
    @Spyder2002 ปีที่แล้ว

    Very helpful Jim. Do I have to register a dba since my LLC is registered in Texas. Also could I operate a website name under a different name from my LLC since the domain name is already taken . Thanks much

  • @ash86marie
    @ash86marie ปีที่แล้ว

    Jim are you a registered agent? Or do you have any that you refer ppl to when forming their LLC?

    • @Beeyouarekayee8
      @Beeyouarekayee8 ปีที่แล้ว

      8:03

    • @jimhart
      @jimhart  ปีที่แล้ว

      Yes - we can serve as registered agent in all 50 states. hawthornlaw.net/diy-llc

  • @phillipdavis4043
    @phillipdavis4043 2 หลายเดือนก่อน +1

    Do you help with minority owned businesses? Some of the online places don't file as minority owned

    • @jimhart
      @jimhart  2 หลายเดือนก่อน +1

      We represent lots of minority owned businesses.

  • @robertl.davisjr.2610
    @robertl.davisjr.2610 ปีที่แล้ว

    Can I appoint myself as a Responsible Managing Employee on my operating agreement or do I need to amend my articles of organization to make it official? Im going after a C-33 Painting and Decorating License here in Hawaii and they require a RME. Im a sole owner, single member LLC. Thanks to anyone who answers this. Much appreciated.

  • @DarkWitch12
    @DarkWitch12 9 หลายเดือนก่อน

    Hi Jim thank you for the video. I got my personal lawyer to set up an LLC for me since I wanted to open a small cafe/ home catering company. He did and I’m asking him what comes next and they are no help since this area is not their specialty. I’m a single member LLC I just got it 3 weeks ago I’m doing the operation agreement now. What license or permit do I need to apply for in NY

    • @jimhart
      @jimhart  8 หลายเดือนก่อน

      you can do a quick search of your city/county/state to see what licenses you may need. As a home catering company, you need to be very careful. I'm not sure you are even legally allowed to do that if you don't have access to a commercial kitchen. I would find another lawyer in NY.

  • @matt8953
    @matt8953 ปีที่แล้ว

    For online business, im based in one state, but shipping facilities that I used are based in another. Is there anything I need to do? Register anything with each state? Form an LLC for each state where product ships from?

  • @machineman6498
    @machineman6498 ปีที่แล้ว

    Thank you for making this

  • @johnnysins6194
    @johnnysins6194 ปีที่แล้ว +1

    Has anyone bought his step by step course ?

    • @jimhart
      @jimhart  หลายเดือนก่อน

      Lots of people have! We now have a monthly membership that includes the course.

  • @dedreamerkid
    @dedreamerkid ปีที่แล้ว

    Hey Sir, Can i use a P.O. Box for my LLC?

  • @thatundisputedauthenticchic
    @thatundisputedauthenticchic ปีที่แล้ว

    Thank you.

  • @KT-gs7rk
    @KT-gs7rk 11 หลายเดือนก่อน +1

    How can we use your service

    • @jimhart
      @jimhart  11 หลายเดือนก่อน

      Hawthornlaw.net

  • @chelseagalvez8672
    @chelseagalvez8672 10 หลายเดือนก่อน +1

    I used my home address is there any way I can change it?

    • @jimhart
      @jimhart  6 หลายเดือนก่อน

      you would have to file an amendment with the state.

    • @carwoman43
      @carwoman43 11 วันที่ผ่านมา

      In my state, no. It can be "changed", but the original filing with the home address will always exist as part of the official record.

  • @drewburgess8097
    @drewburgess8097 ปีที่แล้ว +2

    When and why did he move to Portugal 🤔

    • @jimhart
      @jimhart  ปีที่แล้ว +1

      We moved in July 2022. Likely moving back to NC by end of 2023.

  • @CBMTM2086
    @CBMTM2086 ปีที่แล้ว +2

    Wow

  • @mzmiscellaneous
    @mzmiscellaneous ปีที่แล้ว +1

    Approximately How much does it cost to set up an LLC with a lawyer?

    • @carwoman43
      @carwoman43 11 วันที่ผ่านมา

      Just paid $1k in CO - should have used another lawyer, but would have been the same cost.

  • @belkiscuevas1863
    @belkiscuevas1863 ปีที่แล้ว

    LLC INFORMATION

  • @itsMBWAAA
    @itsMBWAAA ปีที่แล้ว

    A cat!!

  • @fbicontacted7690
    @fbicontacted7690 ปีที่แล้ว

    I'm liking this video because of the cat in the background.