3 Easy Steps to Form an LLC Online
Hi everyone, welcome back to another episode of What's Your Game Plan. On this episode I'm going to introduce to you an easy way to get your LLC step up in minutes. Have you been wanting to legalize your business and separate your personal assets from the business assets? Well forming an LLC is an easy and inexpensive way to quickly launch your business, while also minimizing your tax burden and protecting your assets. Let's get started.
In order to form your LLC you have a couple of options. You can work with a Law Firm who will sort everything out and complete all the paperwork for you, bu you maybe end up spending a fortune on unnecessary fees. Or you can do it the way I'm showing you file it online yourself.
1) Business Name Search
First things first, you'll want to find out if your business name is available. Your name needs to represent you, your business and your goals. Once you've selected a name, you can use MyCorporation's name checker to see if it's available. This cost only $5 and if you choose to go ahead and incorporate, they give you the $5 back.
2) Select Your State
Once you confirm your name is available, now it's time to select a state to incorporate in. Most business owners choose to start their LLC in the same state where they live, even if the business will be solely operated online.
3) Choose a Package
Next, You'll be taken to a screen to choose a package. Take your time to review all of the options, but the most basic package can get you started right away. I would highly recommend you get an EIN number as well. Banks can't open an account for you or qualify you for business loans without that number. Don't forget all packages include special discounts on payroll processing, logo and website design, business bank accounts and more.
Depending on what package you choose, you can usually get the basic setup for under $250 and be ready for business in 24 hours.
Don't forget some states require special licenses for business's like day cares, night clubs, restaurants, gun shops and so on. These licenses are not obtainable through MyCorporation. Just contact your local state governing board or city council for more details.
Now that wasn't too hard was it? I'll drop the link below where you can get started. If this video was helpful, please hit the share button to help spread the word about MyCorporation. and Until Next Time Guys, Take Care.
Register Your Business Online
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