📝 How to Start an LLC in 5 Simple Steps
Setting up an LLC doesn’t have to be complicated. Here’s a clear checklist you can follow to make sure you’re building your business on solid ground: ✅ Step 1: Choose Your Business Name - Pick a name that reflects your brand and is unique in your state. - Make sure it ends with “LLC” or “Limited Liability Company.” - Check state records to confirm it’s available. ✅ Step 2: File Articles of Organization - This is the legal paperwork that officially creates your LLC with your state. - You’ll file it with your Secretary of State (most states let you do it online). - Filing fees vary, usually between $50–$300 depending on your state. ✅ Step 3: Create an Operating Agreement - This outlines how your LLC will run (ownership, profit sharing, decision-making). - Even if your state doesn’t require it, it’s smart to have one—it helps avoid disputes later and shows lenders/investors you’re professional. ✅ Step 4: Get an EIN (Employer Identification Number) - Think of this as your business’s Social Security number. - You’ll need it to open a business bank account, file taxes, and hire employees. - You can apply for free on the IRS website. ✅ Step 5: Open a Business Bank Account & Build Credit - Keep your personal and business finances separate. - Start building business credit by opening accounts, using business credit cards, and paying bills on time. - This step sets you up for funding and future growth. 🔑 Bonus Tip: Stay Compliant - File annual reports (if your state requires them). - Keep your LLC in good standing by staying on top of deadlines and fees. 🔥 When you follow these steps, you’re not just setting up an LLC—you’re building the foundation for protection, credibility, and long-term success. 👉 Community Action:Drop a comment below if you already have your LLC, or if you’re ready to commit to starting one this week. Let’s hold each other accountable! #BusinessFoundations #LLC #Entrepreneurship #EliteBusinessEntrepreneurs