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Forming your LLC? Use our free guide or for convenience use a professional service, we have negotiated the best deals for you. Best Value Bundle Package for LLC formation is with Northwest ($29 + state fees) https://go.truic.com/4aqlk94 🔥Includes 1 FREE Year of Registered Agent Services Or, check out this $0 LLC solution from Tailor Brands: https://go.truic.com/4hFJukV 📙 Free LLC Checklist https://howtostartanllc.com/downloads... Secure the Domain Name for your Business using our discount link https://go.truic.com/3QjGzBF If you use our discount links, you get a discount and we receive a small commission. Thanks for supporting our work! --------- How to Start an LLC - In this step by step guide we give you all the details on starting an LLC on your own! Forming an LLC a great way to structure your small business and protect your personal assets. 📙 LLC Formation Page https://howtostartanllc.com/form-an-llc 📙 Free LLC Operating Agreement Template https://howtostartanllc.com/free-oper... --------- TIMESTAMPS 0:50 Step 1 - Choose a State 1:22 Step 2 - Choose a Name 2:47 Step 3 - Appoint a Registered Agent 4:05 Step 4 - File Formation Documents 4:53 Step 5 - Create an Operating Agreement 5:34 Step 6 - Get an EIN 6:01 Using a Service --------- 🎯 Key Topics Covered • Choosing Your State Most businesses should form their LLC in their home state of operation, though multi-state operations may require foreign LLC registration. The video emphasizes checking state-specific requirements and provides access to detailed state-by-state formation guides, ensuring entrepreneurs don't miss critical bureaucratic requirements during the process. • LLC Naming Requirements LLC naming involves both legal requirements and creative branding decisions. The video covers mandatory elements like including "Limited Liability Company" or its abbreviations (LLC/L.L.C.), state-specific restrictions, and prohibited terms. For those struggling with naming, an AI-powered business name generator tool is available that considers both branding and domain availability. • Registered Agent Selection A registered agent handles legal documents and official correspondence for the LLC. While self-representation is possible, professional registered agent services offer enhanced privacy and reliable document handling. Many providers include first-year registered agent services free with LLC formation packages, making it a practical choice for new businesses. • Formation Documentation Filing Articles of Organization (or Certificate of Formation) requires careful attention to state-specific requirements and fees, averaging $100. The video explains online versus mail filing options and guides viewers through choosing between member-managed and manager-managed structures. State variations in documentation requirements are addressed to prevent common filing mistakes. • Operating Agreement Creation Though not legally required in most states, operating agreements establish clear guidelines for business operations and prevent future disputes. The guide covers six essential sections: organization, management, capital contributions, distributions, membership changes, and dissolution. Free customizable templates are provided to simplify this process. • EIN Registration The final step involves obtaining an Employer Identification Number (EIN) from the IRS, necessary for tax purposes and banking. While professional services can handle this process, entrepreneurs can apply for free directly through the IRS website using online, fax, or mail options. • EIN Registration The final step covers obtaining an Employer Identification Number (EIN), explained as a tax ID comparable to a social security number for businesses. The guide outlines multiple application methods through the IRS, including online, fax, and mail options. While professional services can handle this step, the video emphasizes that entrepreneurs can complete this process for free directly through the IRS website, providing cost-saving opportunities for those comfortable with the application process. ------------ Other Resources: 🔥 For Free Business Tools sign up for our Small Business Center https://business.truic.com/ Get an EIN • What is an EIN? - Employer Identifica... Important Steps AFTER forming an LLC https://howtostartanllc.com/after-for... 🔔 Please like, comment, and subscribe if you appreciate our content, and want to see more! 🔥 At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams. #LLCFormation #HowTo #LLC #StartingABusiness #HowToStartAnLLC #TRUiC #BusinessFormation #Entrepreneurship #SmallBusiness #LegalCompliance #BusinessStartup #checklist #businesslaw