💼 To have a service form your LLC for you, use this discount for Northwest: go.truic.com/3K2xR6X (paid) 📙Use our Free Guide to form your LLC: howtostartanllc.com/florida-llc
I was wondering why the operating agreement wasn't involved with sunbiz.... its not required. where have some of you completed an operationg agreement online?
Take a look at our Free LLC Operating Agreement Template. You can also register with the TRUiC Business Center and get free access to a range of business tools and services. howtostartanllc.com/free-operating-agreement-template?ref=cc howtostartanllc.com/Account/Register?ref=cc
Given that an EIN is meant to identify a legal entity, a business owner would need to create an LLC by filing the Articles of Organization with the Florida Division of Corporation before applying for an EIN. We recommend having a look at our How to Start an LLC in Florida guide: howtostartanllc.com/florida-llc to get started.
If the members of an LLC choose to have a manager-managed LLC, they will, necessarily, have to appoint the persons to be the managers. The procedure for choosing managers could be stated in the operating agreement, as well as the powers, such as opening bank accounts, the managers will have. The managers can be members or non-members.
Please help 🙏. I'm forming an llc in Florida but I don't have a business address beside my personal is mine ok for qualification or do I need one from USPS or other companies.
To register an LLC in Florida, the street address of the principal office of the LLC is required. That address cannot be a P.O. Box. If the LLC will be operated from home, then it’s okay to use a home address. But using a home address as a business address can compromise privacy.
It may be possible to use the name of a business that is now inactive. Most states provide a way of checking if a name is available, before filing the new business application. If the old business is inactive because it has been dissolved, the name may be available. On the other hand, the old business may be inactive simply because it has filed no returns or paid no taxes or simply conducted no transactions for some time. In such a case, the name may still appear in the state registry as if in use, and may not be available. Each state has different rules for using inactive names. We recommend calling the Florida Secretary of State: (850) 245-6059.
Let's say for example, this was my business "Example Tech", could I leave out the LLC part on the website itself (the domain, and the title in the website), but leave it in the footer of the website? Or would I need a DBA? Also if I wanted to start a solo business (or family), could I do all the steps that was laid out here and on the website still?
Good question! There appears to be no legal requirement to include LLC in a domain name or website title. Many established companies do just that. However, the legal company name, including LLC, will typically appear in the footer. As explained in the video, it’s certainly possible to perform all the steps to setting up an LLC all by yourself. Use the links below the video for further information on each step and let us know if you have any other questions!
@@HowtostartanllcOfficial thank you for quick response. Last question have you heard of people forming an LLC for gig work like the ones I mentioned above?
Someone who performs services for a company such as Uber or DoorDash is considered a self-employed independent contractor. Signing up and providing the services by simply contracting with the principal means the contractor will be running a sole proprietorship. In those circumstances, there are no restrictions on the independent contractor forming an LLC. Read our article How to Form a Single-Member LLC for more information. howtostartanllc.com/form-an-llc/single-member-llc?ref=cc Please note that the information provided by us is not, and it is not intended to, constitute legal advice. All content is exclusively provided for educational purposes. For the most up-to-date legal advice, we advise deferring to a professional attorney.
Even where a business is owned and controlled by one person, it’s still a good idea to have an operating agreement. The Small Business Association gives two reasons. First, to protect the business' limited liability status. A business that has no operating agreement “can closely resemble a sole proprietorship or partnership, jeopardizing your personal liability.” Second, state law will govern an LLC without an operating agreement. By having an operating agreement, an LLC will be able to exclude certain state rules you may not be happy with. See our What is an LLC Operating Agreement for more information: howtostartanllc.com/what-is-an-llc-operating-agreement?ref=cc Please note that the information provided by us is not, and is not intended to, constitute legal advice. All content is exclusively provided for educational purposes. For the most up-to-date legal advice, we advise deferring to a professional attorney.
Great info. I have a question about the operating agreement if you are in business as a sole-proprietor but instead want to do an LLC do you need to add members?
No you do not need more members to change your business structure from sole-prorprietor to LLC. You can form a single member LLC. To learn more about LLCs read our full guide here: howtostartanllc.com/what-is-an-llc?ref=ytflllc?ref=cc LLC operating agreement downloads and information: howtostartanllc.com/free-operating-agreement-template?ref=cc To change you business structure from sole-proprietor to LLC read this guide: howtostartanllc.com/form-an-llc/sole-proprietorship-to-llc?ref=cc
Hello great informative video! When I registered for my EIN number I included LLC after my legal name. Did I make a silly mistake? Because technically if my name was “Truic”, will it be Truic Llc Llc? Also if I created an Llc do I need to register my name as well?
A business name is legally registered with the state when an LLC is created and approved. It is recommended that the EIN application include the full legal name, which would include "LLC" if the entity is an LLC.
Yes, you should check what names is available in your state first, use our LLC Name Tool : howtostartanllc.com/llc-name-generator?ref=GLNGd&gclid=Cj0KCQjwpImTBhCmARIsAKr58czCKqRUsmJ5k5e8Zx0H-3MJHUc0KT_-j8__n5sZjSzEXwqx7WCJ_gwaAp37EALw_wcB?ref=cc Once you form the LLC, your name will be registered if your name has not been taken.
Yes, international citizens can form an LLC in the US! To learn more about forming your LLC in the US, check out our guide: howtostartanllc.com/open-a-company-in-the-usa?ref=ytflllc
Hi Chris, We have created a guide to help you choose a registered agent service howtostartanllc.com/reviews/best-registered-agent-services?ref=ytfloridallcac Hope that helps :) All the best
@@HowtostartanllcOfficial Why not include that information in the video? You gave 5 steps but now we need instructions on how to complete the steps. Please hire someone else to create content for your UA-cam videos, unless your goal is to get views and not really help anyone!
Thanks for the suggestion, your perspective is valuable to us. It helps us make the videos more useful to our viewers. We are definitely here to help people that are trying to start businesses on their own.
Check out our Top 5 LLC Formation Services to find a service that's right for you: howtostartanllc.com/reviews/llc-formation-top-five?ref=ytflllc Best of luck!
While you are not required to have a fictitious name for your LLC (otherwise known as a DBA), there are certain advantages that having one can benefit your business. To learn more about DBA's and their advantages, check out guide: howtostartanllc.com/what-is-a-dba?ref=ytflllc
For help starting a company in the USA from abroad, go to our "How to open a business in the USA " guide: howtostartanllc.com/open-a-company-in-the-usa?ref=ytflllccc
Hi, we are currently working on our non profit video, meanwhile here is a link to our full guide on how to form a 501(c)(3) Non Profit Corporation in Florida on our site startupsavant. startupsavant.com/how-to-form-a-nonprofit-in-florida Hope that helps, all the best.
💼 To have a service form your LLC for you, use this discount for Northwest:
go.truic.com/3K2xR6X (paid)
📙Use our Free Guide to form your LLC:
howtostartanllc.com/florida-llc
Easier than I thought and I signed up on your site. I love the tools!
Awesome, let us know if you have any questions along your journey!
3:31 Love how the guy has six fingers haha!
So happy that I have this advice, thanks!!
😁 great reminder
How to start a business: get permission from the overlords.
Great Info thanks
Very informative and helpful thank you!
Great vid, very informative
Thanks i appreciate you rp
Thanks for this!
Thank you
I was wondering why the operating agreement wasn't involved with sunbiz.... its not required.
where have some of you completed an operationg agreement online?
Take a look at our Free LLC Operating Agreement Template. You can also register with the TRUiC Business Center and get free access to a range of business tools and services.
howtostartanllc.com/free-operating-agreement-template?ref=cc
howtostartanllc.com/Account/Register?ref=cc
THANK you!
Do you have a video on what to do after starting the LLC? Banking, insurance, etc
Purchases, tax write offs, etc
You can learn more about the important steps after forming an LLC by reading our guide: howtostartanllc.com/florida-llc?ref=ytflllc#key-steps
Do I register my LLC first or get an EIN first?
Given that an EIN is meant to identify a legal entity, a business owner would need to create an LLC by filing the Articles of Organization with the Florida Division of Corporation before applying for an EIN. We recommend having a look at our How to Start an LLC in Florida guide: howtostartanllc.com/florida-llc to get started.
excellent
Can you be the manager to open the account?
If the members of an LLC choose to have a manager-managed LLC, they will, necessarily, have to appoint the persons to be the managers. The procedure for choosing managers could be stated in the operating agreement, as well as the powers, such as opening bank accounts, the managers will have. The managers can be members or non-members.
Please help 🙏. I'm forming an llc in Florida but I don't have a business address beside my personal is mine ok for qualification or do I need one from USPS or other companies.
To register an LLC in Florida, the street address of the principal office of the LLC is required. That address cannot be a P.O. Box. If the LLC will be operated from home, then it’s okay to use a home address. But using a home address as a business address can compromise privacy.
Thank you
Is it really 5 steps ?
Can you use a name that’s inactive?
It may be possible to use the name of a business that is now inactive. Most states provide a way of checking if a name is available, before filing the new business application. If the old business is inactive because it has been dissolved, the name may be available. On the other hand, the old business may be inactive simply because it has filed no returns or paid no taxes or simply conducted no transactions for some time. In such a case, the name may still appear in the state registry as if in use, and may not be available. Each state has different rules for using inactive names. We recommend calling the Florida Secretary of State: (850) 245-6059.
Let's say for example, this was my business "Example Tech", could I leave out the LLC part on the website itself (the domain, and the title in the website), but leave it in the footer of the website? Or would I need a DBA?
Also if I wanted to start a solo business (or family), could I do all the steps that was laid out here and on the website still?
Good question! There appears to be no legal requirement to include LLC in a domain name or website title. Many established companies do just that.
However, the legal company name, including LLC, will typically appear in the footer. As explained in the video, it’s certainly possible to perform all the steps to setting up an LLC all by yourself. Use the links below the video for further information on each step and let us know if you have any other questions!
Can the word "Services" be in it? Im forming one for my gig work like doordash,uber, etc
Thanks for the question. Yes, "services" can be included in your LLC name.
@@HowtostartanllcOfficial thank you for quick response. Last question have you heard of people forming an LLC for gig work like the ones I mentioned above?
Someone who performs services for a company such as Uber or DoorDash is considered a self-employed independent contractor. Signing up and providing the services by simply contracting with the principal means the contractor will be running a sole proprietorship.
In those circumstances, there are no restrictions on the independent contractor forming an LLC. Read our article How to Form a Single-Member LLC for more information.
howtostartanllc.com/form-an-llc/single-member-llc?ref=cc
Please note that the information provided by us is not, and it is not intended to, constitute legal advice. All content is exclusively provided for educational purposes. For the most up-to-date legal advice, we advise deferring to a professional attorney.
Do I need an operating agreement if I’m the only member of the llc?
Even where a business is owned and controlled by one person, it’s still a good idea to have an operating agreement. The Small Business Association gives two reasons.
First, to protect the business' limited liability status. A business that has no operating agreement “can closely resemble a sole proprietorship or partnership, jeopardizing your personal liability.”
Second, state law will govern an LLC without an operating agreement. By having an operating agreement, an LLC will be able to exclude certain state rules you may not be happy with. See our What is an LLC Operating Agreement for more information: howtostartanllc.com/what-is-an-llc-operating-agreement?ref=cc
Please note that the information provided by us is not, and is not intended to, constitute legal advice. All content is exclusively provided for educational purposes. For the most up-to-date legal advice, we advise deferring to a professional attorney.
Great info. I have a question about the operating agreement if you are in business as a sole-proprietor but instead want to do an LLC do you need to add members?
No you do not need more members to change your business structure from sole-prorprietor to LLC. You can form a single member LLC. To learn more about LLCs read our full guide here: howtostartanllc.com/what-is-an-llc?ref=ytflllc?ref=cc
LLC operating agreement downloads and information:
howtostartanllc.com/free-operating-agreement-template?ref=cc
To change you business structure from sole-proprietor to LLC read this guide:
howtostartanllc.com/form-an-llc/sole-proprietorship-to-llc?ref=cc
Hello great informative video!
When I registered for my EIN number I included LLC after my legal name. Did I make a silly mistake? Because technically if my name was “Truic”, will it be Truic Llc Llc?
Also if I created an Llc do I need to register my name as well?
If you registered an LLC with the Secretary of State then the name will be registered as long as it was not taken by someone else first
A business name is legally registered with the state when an LLC is created and approved. It is recommended that the EIN application include the full legal name, which would include "LLC" if the entity is an LLC.
Can this be done as a minor?
In Florida, you must be 18 years or older to form an LLC.
do you need to register company name to ensure no one can juse it
Yes, you should check what names is available in your state first, use our LLC Name Tool :
howtostartanllc.com/llc-name-generator?ref=GLNGd&gclid=Cj0KCQjwpImTBhCmARIsAKr58czCKqRUsmJ5k5e8Zx0H-3MJHUc0KT_-j8__n5sZjSzEXwqx7WCJ_gwaAp37EALw_wcB?ref=cc
Once you form the LLC, your name will be registered if your name has not been taken.
Thanks! Can we use the same EIN that we use for our Corp.?
No, an LLC and corporation are separate and distinct legal entities and must have different and unique EINs even where they share ownership.
💯
Can internationals start an LLC in the US
Yes, international citizens can form an LLC in the US!
To learn more about forming your LLC in the US, check out our guide: howtostartanllc.com/open-a-company-in-the-usa?ref=ytflllc
How would you suggest finding a registered agent for your business?
Hi Chris,
We have created a guide to help you choose a registered agent service
howtostartanllc.com/reviews/best-registered-agent-services?ref=ytfloridallcac
Hope that helps :)
All the best
@@HowtostartanllcOfficial Why not include that information in the video? You gave 5 steps but now we need instructions on how to complete the steps. Please hire someone else to create content for your UA-cam videos, unless your goal is to get views and not really help anyone!
Thanks for the suggestion, your perspective is valuable to us. It helps us make the videos more useful to our viewers. We are definitely here to help people that are trying to start businesses on their own.
What is a good service to create an LLC for you in FL?
Check out our Top 5 LLC Formation Services to find a service that's right for you: howtostartanllc.com/reviews/llc-formation-top-five?ref=ytflllc
Best of luck!
do you need a fictitious name w an llc ?
While you are not required to have a fictitious name for your LLC (otherwise known as a DBA), there are certain advantages that having one can benefit your business.
To learn more about DBA's and their advantages, check out guide: howtostartanllc.com/what-is-a-dba?ref=ytflllc
Pls help me for established LLC in Florida, from aboard?
For help starting a company in the USA from abroad, go to our "How to open a business in the USA " guide: howtostartanllc.com/open-a-company-in-the-usa?ref=ytflllccc
Can a NY resident start an LLC in Florida? Pros and cons on this?
Thank you
Legal advice. Contact a licensed Florida attorney
How about a non for profit like a museum?
Hi, we are currently working on our non profit video, meanwhile here is a link to our full guide on how to form a 501(c)(3) Non Profit Corporation in Florida on our site startupsavant.
startupsavant.com/how-to-form-a-nonprofit-in-florida
Hope that helps, all the best.
Why do you have a woman as the thumb nail if it’s an animated short? All that animation for nothing.
In this economy?
The answer is "you don't".
Excuses
Watch me!
@@Press1for any tips ?
Thank you