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*I'll show you how easy it is to start an LLC on your own using the only service I use for my clients' LLCs and my own LLCs (Bizee). With that said, if you create an LLC using my link, I may earn some much-appreciated coffee money (at no extra cost to you). (ad) Start here: ✅ https://bit.ly/Incfile-LLC. Thanks for supporting my channel (and coffee habit)! I have updated videos on how to start LLCs in various states, which you can find here: ✅ https://bit.ly/LLC-Formation-By-State *NOTE that Incfile was rebranded as Bizee, but the company and formation process is the same!* Before I show you how to set up an LLC, I quickly cover the advantages and disadvantages of a Limited Liability Company (LLC). You can skip to 5:00 mark if you want to go right to creating your limited liability company online on Bizee (formerly Incfile). (ad) Go Here to Form Your LLC on Bizee: ✅ https://bit.ly/Incfile-LLC 00:00 Introduction to How to Start an LLC 01:29 Advantage #1: Liability Protection 02:42 Advantage #2: Fewer Formalities 03:31 Advantage #3: Pass-Through Taxation 04:11 Disadvantage: Self-Employment Tax 04:23 Best Option: LLC Taxed as S Corp 05:16 Link for How to Form an LLC with Incfile 05:32 How to Create an LLC with IncFile 18:00 Preview of Next Video - What To Do After You Create LLC Now that you’ve formed your limited liability company, here are some important resources for you to consider: Next Steps After Forming Your LLC: 1. For my video on Steps to Take After You Create Your LLC, go here: ✅ • What To Do After Forming an LLC - 6 Crucia... 2. For Comprehensive "Next Steps Guide" (which covers important next steps and operation issues in great detail), go here: ✅ https://bit.ly/Legal-Templates 3. For my video on “How to Pay Yourself from Your LLC,” go here: • How to Pay Yourself as an LLC in 2025 (to ... 4. For a Registered Agent Service (with no price increases), go here: (ad) ✅ https://bit.ly/best-registered-agent 5. 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 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! #bizee #llc #llc2025 #llc2024 #assetprotection