When to form an LLC (Limited Liability Company) When running a business, if you haven’t taken steps to create a formal business structure, you will be an informal business-type like a sole proprietorship by default. In this video we will go over: benefits of a formal business structure over an informal business structure, when you should become an LLC, and the steps to transitioning into an LLC.
TIMESTAMPS
0:00 - Intro
0:32 - Part 1: Business Structures
2:07 - Part 2: When you should form an LLC
2:35 - Part 3: Three Steps to becoming an LLC
2:54 - Step 1: LLC Formation
3:50 - Step 2: Ceasing Operations
4:43 - Step 3: Start Operating as an LLC
6:06 - Conclusion
Use our Free Guide to form your LLC:
howtostartanllc.com/form-an-l...
Or, use a reliable service provider to form your LLC, see the top 7:
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Learn more the topics we covered in this video:
☑️Choosing a Business Structure:
howtostartanllc.com/choosing-...
🏷How to Name a Business:
howtostartanllc.com/how-to-na...
👔What is a Registered Agent?:
howtostartanllc.com/what-is-a...
💯What is an EIN?:
howtostartanllc.com/what-is-a...
Other Useful TRUiC Business Tools:
📣Business Name Generator:
epicbusinessnames.com/
🔥Free Logo Maker
howtostartanllc.com/logo-maker
🔆Business Idea Generator:
howtostartanllc.com/business-...
📑Business Plan Generator:
howtostartanllc.com/business-...
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