Starting a business is easier than you think, but when you need assistance, we’ll be there to help you.
Starting an LLC can be a complex process, but we’re here to help you navigate every step of the way. Our team has extensive knowledge and experience in forming LLCs, and we’re committed to sharing that expertise with you. From understanding your state’s requirements to choosing the right structure for your business, we provide the KNOW-how you need to start your LLC with confidence. Let us guide you through the process and help you set your business on a path to thrive.
Creating a limited liability company (LLC) is a crucial step towards achieving success in your entrepreneurial journey. It not only legitimizes your efforts but also provides significant advantages for wealth creation. By forming an LLC, you can gain access to a range of benefits and protections that can help you realize your business goals. With the right support and guidance, you can set your LLC on a path to long-term success and prosperity.
We understand that starting a business can be challenging, with nearly 20% failing in the first year and almost 60% failing by year three. That’s why we’re committed to helping you achieve sustainable growth beyond the launch phase. Our team is hard at work developing innovative growth tools to support your business journey, so you can reach your full potential and succeed in the long term. Let us help you unlock new opportunities for growth and success.
Let us save you time, money, and energy by providing you with some important resources that will take you down the right path.
Are you thinking about starting a business? Not sure where to begin or what you need to do to ensure success? Well, we have some answers for you. Here are 10 things that will guarantee success in your business.
Frequently Asked Questions
The filing certificate, also known as the “Certificate of Formation” or “Organizational Certificate,” is a document that serves as proof of your LLC’s existence. This document is issued by the state government after the Articles of Organization have been filed. It should include information such as your LLC’s name and date of formation, and be signed by a state official.
Articles of Organization:
The Articles of Organization is a form that needs to be filed with your state’s Secretary of State office or other designated agency in order to register your LLC. This document includes important information about your company such as its name, address, purpose, and members (if applicable). Once filed and approved, this document officially creates your LLC.
An operating agreement outlines how your business will operate and lays out certain rules for running the company. This agreement should include details such as how profits will be split among members (if applicable), voting rights for each member, and how decisions about the business will be made. While not required in all states, having an operating agreement in place can help prevent issues from arising later on down the line.
Business Name Reservation or Business License:
Depending on where you live, you may need to either reserve a business name or obtain a business license before registering an LLC with the state government. Reserving a business name allows you to use it exclusively for 180 days; obtaining a business license enables you to legally operate within that particular jurisdiction.
An Employer Identification Number (EIN) is like a Social Security number for businesses – it identifies them for tax purposes. You will need an EIN if you plan on hiring employees or engaging in interstate commerce activities such as selling products online across multiple states. Furthermore, some banks require an EIN when opening up accounts related to business transactions even if there are no employees involved yet.
LLCs are the most popular legal structure because they:
To start your LLC, follow these steps:
An LLC and a corporation are both types of businesses that help protect the owners from certain business liabilities and debts. But, an LLC is owned by one or more people, while a corporation has shareholders. And, a corporation typically follows more rules and has to keep track of and report certain things.
When you’re an LLC, you get to choose how you want to get taxed. If it’s just you, then you file as a sole proprietor. If there’s more than one of you, then you can file as a partnership. And for any kind of LLC, you can also decide to have your taxes done like a C-corporation or an S-corporation (that has special rules and requirements). We recommend speaking to a qualified accountant to address your specific needs.
Starting an LLC can cost as little as $349 plus state filing fees. Don’t forget that a lot of these costs can be deducted from your taxes. Speak to a qualified accountant for details.
–Madam C.J. Walker, first black American woman to become a self-made millionaire
Fill out the form below to request copies of official documents for your business: