Avoiding the Risks of a Single-Member LLC | How to Start an LLC & Single Member LLC Moves to Avoid

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  • Опубліковано 3 чер 2024
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    how to start an llc is a single member llc protected can a single member llc pay themselves single member llc operating agreement

КОМЕНТАРІ • 1 тис.

  • @MikhnoOrg
    @MikhnoOrg 6 років тому +477

    I never had much friends. But now, when I'm a business owner, at least I can have a meeting and talk to myself.

    • @ethandominguez4530
      @ethandominguez4530 5 років тому +8

      LOL!!!

    • @Knowing317
      @Knowing317 5 років тому +3

      😂😂😂

    • @IlliniPicker
      @IlliniPicker 5 років тому +17

      You don't need a business for that I do it all the time well before I had a business!

    • @gabriellechastene
      @gabriellechastene 5 років тому +2

      😂😂😂

    • @dallasaaron4817
      @dallasaaron4817 5 років тому +1

      I’m sure there is a lot of shirt that goes on in that fraudulent office 😡

  • @dkbrummitt
    @dkbrummitt 5 років тому +38

    That single member meeting!!! GOLD!

  • @Pennie123
    @Pennie123 5 років тому +103

    Lol I love how you’re such a dork and yet very informative and professional. Best wishes!

  • @temp903
    @temp903 Рік тому +4

    I just filed for an LLC through ZenBusiness. Overall very solid and would highly recommend because there’s way too much to think about in things like registered agents and operating agreements. Pro tip if you call them you can speak to a “formation specialist” and walk through the application together so you can ask questions as you click through.

  • @imadeulook6426
    @imadeulook6426 5 років тому +65

    As a self starting small business owner it is extremely overwhelming to file paper work without the assistant of an attorney or a good tax person. Until my business is well funded and running, I will be referring to your tutorials. Thank you for shedding light on the various ways to structure a business. Very helpful very informative. Awesome job!👌👌🤘

  • @loh1110
    @loh1110 7 років тому +175

    Video starts @ 1:30

    • @mkn.567
      @mkn.567 6 років тому +12

      dear god. thanks

    • @itswiseman7057
      @itswiseman7057 5 років тому +5

      i appreciate that

    • @KK-pm7ud
      @KK-pm7ud 4 роки тому

      Thank you

    • @BoilersRock
      @BoilersRock 4 роки тому

      Thank.
      You.

    • @BAKERHUSKIE
      @BAKERHUSKIE 4 роки тому +2

      All Videos start at 0:00, information that you need starts when you want. Doesn't apply for all. Thanks for your business

  • @z20000z
    @z20000z 4 роки тому +9

    Loved the high quality of the video and especially the closing video meeting example! Thank you for the information!

  • @oolopez6914
    @oolopez6914 8 років тому +23

    Aside from the great funny way you explain things which I love, its very informative and you've given a good insight in how to do it properly. Thank you

  • @mauricewatson817
    @mauricewatson817 5 років тому +4

    Always amazing to see this lady, I smile, it's the appreciate truly stay up with the dedication that you place too, that smile and let me enjoy this video.

  • @rightright6582
    @rightright6582 5 років тому +5

    Thanks for your help. I just subscribed. The best was at the end; It shows that you still have the human touch in you, albeit you r a lawyer. Keep up the good work.

  • @artofbusiness7593
    @artofbusiness7593 4 роки тому +3

    Your “Meeting” vid at the end was good. It was easy to understand, clearly explained-and you didn’t have to put yourself out there to educate the public, yet-you did. Thank you.

  • @quantinabeck-jones7151
    @quantinabeck-jones7151 5 років тому

    I'm scheduling a meeting with myself within the next week. Bless you Aiden for this video! It's so timely in my life!

  • @tomaskey6844
    @tomaskey6844 4 роки тому +6

    Second time I watched this video. I tried to start a company several years ago and it didn't work out but here we go again! I closed my trucking company and am going to start a different company as an LLC as soon as I can sell my tractor. Your videos are a great help and I hope to maybe do business with you soon! Thank you for your help

  • @bunnywhite6513
    @bunnywhite6513 8 років тому +13

    So good :) Thank you for being informative, adorable, and making me not hate this topic.

  • @richardmyers9386
    @richardmyers9386 6 років тому +1

    OOO I love it!!! THANK YOU SO MUCH!! you have helped me more in a couple hours watching your videos than anyone in the last six years of me trying to start my business!! plus you are gorgeous!!

  • @nomifrei
    @nomifrei 7 років тому +2

    I love you and what you do!! Starting businesses alone (and as a young person) is so scary and your videos are always helpful and reassuring

  • @TidalWaveDan
    @TidalWaveDan 4 роки тому +30

    Meeting with myself... finally, my multi personalities comes in handy. I told you, Dr. Albright.

  • @n8_EUC
    @n8_EUC 5 років тому +6

    I get caught talking to myself often so from now on I'll just respond, "I'm having a meeting with myself, it's a smart business move"

  • @msmith508
    @msmith508 6 років тому

    Your expression at the last second of the video is the best. I love when people don't take themselves too seriously. Besides that, great video and very informative!

  • @mnspowell
    @mnspowell 4 роки тому +2

    Thank you than you thank you! I recently started a business and remembered watching your video about how to sign my name on a contract. So helpful... your videos are amazing

  • @opticaldvd123
    @opticaldvd123 6 років тому +3

    In addition to an informative video...camera placement was excellent!

  • @YakMotley
    @YakMotley 7 років тому +3

    Awesome video! Thanks ! This helped a lot!

  • @sunnisukumar
    @sunnisukumar 6 років тому

    Love it, Aidan. Finally an attorney with a humor and plain-speak. Thank you mucho.

  • @andystern5845
    @andystern5845 6 років тому

    I love this video! Not just for the excellent information, but also for the very honest and hilarious reasoning for re-creating it! You look equally as good as the information you provide so I would say mission accomplished!

  • @victormendoza2630
    @victormendoza2630 5 років тому +3

    😁😂🤣👍the meeting part is very funny, I love it!

  • @Amanda-yl1oz
    @Amanda-yl1oz 4 роки тому +4

    Wow I had such a smooth negotiation process with myself

  • @nonyabizness3767
    @nonyabizness3767 5 років тому +1

    Talking about informative. I absolutely adore you. Your channel is phenomenal. You answer all of the important questions. Much love from Cali💙

  • @marymoore1416
    @marymoore1416 5 років тому +1

    I have always been afraid of money and screwing up finances but with you and you tubes help I feel more confident

  • @DIGITALEMPRESS
    @DIGITALEMPRESS 4 роки тому +7

    This was so informative and straight to the point

    • @allupinyobiz
      @allupinyobiz  4 роки тому

      That is wonderful to hear ☺️ Thank you!

  • @Flcoupondiva01TheDiva
    @Flcoupondiva01TheDiva 5 років тому +5

    OMG I loved it and at the end was a home run lol you have a new subscriber.

    • @BlueOriginAire
      @BlueOriginAire 4 роки тому

      I subscribed as well. Wouldn’t she be like the ONLY lawyer for every LLC just starting out in ALL of AMERICA 😚🥳🙌🏼. I love this cool legal eagle.

  • @TheRealTraviShotz
    @TheRealTraviShotz 8 років тому

    Silly rabbit, everything you do on youtube rocks!
    just started my LLC yesterday! Yay!!! Thanks for the motivation

  • @dekebell3307
    @dekebell3307 5 років тому +2

    The cheesy meeting at the end was awesome! Thanks for the clear info ma'am!

  • @vickiewoods7682
    @vickiewoods7682 7 років тому +31

    lollllloooo.....I love this video. people said I'm nuts for doin self business videos but now I'm to excited. I'm on the right track after all. Besides your presentation as a lawyer is super fun,bright and clear. I'll hire you.lollllll....keeping you in mine!

  • @RealSavages
    @RealSavages 6 років тому +3

    So Smart. So Beautiful. Ty.

  • @crenshawbarbie3071
    @crenshawbarbie3071 4 роки тому +2

    Loved this video 🙌🏽👏🏽👏🏽👏🏽👏🏽 especially the example of the meeting minutes at the end 😁 great job!!. It was a perfect example for those of us who are in the beginning stages of forming a single member LLC. I learned so much within a few minutes of watching your video. Please keep them coming because I'm a new entrepreneur and at times I feel lost with certain things so getting information from those who have the business experience is a big deal and it really helps... So thank you!!

  • @carrieharris8850
    @carrieharris8850 5 років тому +2

    Thank you so much for this video. I am starting a little "side hustle" in Texas, making candles, to help pay for school. I have been a little overwhelmed with the final aspects (insurance, LLC or sole proprietorship).

  • @humblelifeoutdoors4299
    @humblelifeoutdoors4299 5 років тому +4

    Bless your heart, I honestly can’t thank you enough 🙌🏽

  • @jeanalexandre1105
    @jeanalexandre1105 5 років тому +8

    On another UA-cam video they were talking about. Multi members LLC is better than single members. You could use your son or daughter as a second member. It's harder to pierce the corporate veil

    • @blkstonedigital
      @blkstonedigital 5 років тому +2

      Sounds a bit like the Trump Organization. You can't just use relatives who are absentee members. Courts look past cheesy schemes if justice demands it.

    • @oneinamillion4383
      @oneinamillion4383 4 роки тому

      A child can't be employed or own real property. Or sign the necessary documents. Won't work. Create a living trust for the child and add the trust as LLC member.

  • @cmaj7121
    @cmaj7121 6 років тому +1

    Now this video will be more popular than the previous one (I never saw actually) but in a few years all the viewers will still know that the old video existed even after it has been deleted and they will never be able to "forget" it )) Great video and camera angles by the way! Thanks!

  • @georgesantiago6083
    @georgesantiago6083 4 роки тому

    I honestly love your video style and the way you explain such terms in a very understandable manner. Thank you. I actually did most of what you talked about recently. I will definitely follow you.

  • @baddinosaur1548
    @baddinosaur1548 6 років тому +5

    Great video, in my self meeting I was inappropriately touched and talked too, but some great ideas came out of it. keep up the good work. the lumber jack looks good on you.

  • @tytydee77
    @tytydee77 5 років тому +7

    I just want to say it doesn't matter what type of up dated equipment you use, when you have valuable information like what you offer, i would put a tin can on a string and listen! You are good your equip cant even get on your level! Love your video's

  • @mylemonblue3070
    @mylemonblue3070 5 років тому

    Thank you for explaining this subject in a way that can be understood by regular people who just want a little one person (themselves) internet business can understand. Thank you ❤️❤️❤️❤️❗️🙏 May God be with you always!

  • @wesinthewest1100
    @wesinthewest1100 5 років тому

    Thank you for putting these videos out. Looking forward to watching more of them they’re helping me so much.

  • @sincerelyjerry244
    @sincerelyjerry244 7 років тому +5

    you are awesome. .thank you. .cheers

  • @MrBigR928
    @MrBigR928 4 роки тому +9

    Cute, a little Goofy (like me) & smart. I like her, she's a keeper🤗. Thank you for doing these videos 👌

  • @timschmidt5469
    @timschmidt5469 4 роки тому

    Necrobump! Very informative and succinct. I especially appreciate the example for contract signing "on behalf of" one's LLC and the single member meeting. Thank you!

  • @slickwilly6674
    @slickwilly6674 6 років тому +1

    You're awesome!! Thanks for taking the time to explain this stuff.

  • @jdhodge1659
    @jdhodge1659 7 років тому +26

    those are the only meetings i shall attend from now on! lol!

  • @TR_binarytradermada
    @TR_binarytradermada 7 років тому +5

    So if I don't make the product- resale for profit, will you still suggest LLC?
    If under LLC, unopened products brand new from the supplier, can the court remove the liability protection if anything happens to my client?
    Love the video, TY

  • @simbasimsstudios
    @simbasimsstudios 6 років тому +1

    Clear, concise, straight to the point. Thank you.

  • @Creodakushmynn
    @Creodakushmynn 5 років тому

    I love the way you explain things...so clear..God Bless you...

  • @garretthanna1446
    @garretthanna1446 8 років тому +52

    now i have to go look at that video again....the plan backfired haha...thanks nice vid (again)

  • @afrosenpai1103
    @afrosenpai1103 5 років тому +6

    On behalf of the men watching your video to learn, I apologize for the boys who have commented. Thank you for the video. Maybe this is in other videos, but how do you determine the amount you need to fully fund your business to keep in your business account? Is it just about overhead or should I reserve a certain amount of the company's revenue?

  • @AG-io5wr
    @AG-io5wr 4 роки тому +1

    Great video production and edit Aiden. Thanks for the content.

  • @protechcameras7648
    @protechcameras7648 6 років тому +1

    you are HILARIOUS!!! Funny cause I just came here from watching that old video lol. Love all your content, it's so helpful, keep it coming!

  • @thegodbodyshow
    @thegodbodyshow 6 років тому +4

    Aiden is absolutely delightful. I'm scheduling a meeting with myself right away.

    • @gnutz9764
      @gnutz9764 5 років тому

      Well did you make it to the meeting with yourself?

  • @SuperSuperPork
    @SuperSuperPork 7 років тому +197

    I had a meeting with myself after this video.. . . .

    • @linoespinoza1254
      @linoespinoza1254 6 років тому +7

      C'mon,Mark we know that she looks hot on this video,but we're here to get educated..... laterz I have a meeting!!

    • @DIY4CFH
      @DIY4CFH 5 років тому +5

      Lmfao

    • @Amanda-yl1oz
      @Amanda-yl1oz 4 роки тому

      Lmaooooo

    • @marcushennings9513
      @marcushennings9513 4 роки тому

      I think her meeting is invalid because both people had the same voice.

    • @endangeredspecies5005
      @endangeredspecies5005 3 роки тому

      looooooser.

  • @bubbaole9036
    @bubbaole9036 4 роки тому

    Gorgeous! Simply gorgeous. I had to play the video several times because I was losing focus. Thank you for the information. I still love the first video. The expensive graphics was very easy to understand.

  • @cosmokwong1262
    @cosmokwong1262 5 років тому

    Great info w/ humor! I'm newby & need to know the details & you explain it so well. Love the graphics.

  • @AnneGaal
    @AnneGaal 5 років тому +6

    Hey, Aiden! Great video. Question: If your business is primarily over the internet or phone, is it okay to run your LLC from home (if zoning laws permit)? Or would that "pierce the veil"?

    • @heatherwaechter1348
      @heatherwaechter1348 3 роки тому +1

      I am wondering this myself! Great question! @180 Law Co. LLC ?

  • @Courageouslyfree
    @Courageouslyfree 7 років тому +9

    how often should you have these meetings?

    • @n7st591
      @n7st591 5 років тому +3

      In theory, you could have a meeting everyday, if you wanted. Or, weekly, quarterly, semi-annually, annually. Just keep Meeting Minutes, so that if a taxing authority decides to audit, you'll have the ability to show that a meeting actually took place.

  • @angelaeast1895
    @angelaeast1895 5 років тому +1

    That meeting was everything!!!

  • @RobKeenan826
    @RobKeenan826 4 роки тому

    I wish you were in Massachusetts, I think you are the first person to explain this and I understood every word. Thank you so much for posting on here. Learned so much from this one video.

  • @liviO13
    @liviO13 4 роки тому +3

    What?! Aidan agreed with Aidan LLC to buy an "equipment" for the company without knowing what the equipment was... No good No Good at all!!

  • @tgatzb7
    @tgatzb7 7 років тому +4

    Aiden, so who are the two people in the meeting identified as? Owner and Co-Owner? Owner and Employee? Please advise.

    • @jDeppen
      @jDeppen 5 років тому +2

      Tyler Bedashi, mine is Member and Manager

  • @mrssmith6934
    @mrssmith6934 5 років тому +1

    Ye! I loved the meeting with yourself at the end 😉

  • @jessicatoro1304
    @jessicatoro1304 2 роки тому

    Entertaining videos. Love the humor in the midst of serious business! Kudos to u

  • @azteczulu1
    @azteczulu1 6 років тому +3

    i can't believe you actually made this boring legal topic as entertaining as you did. Nice job!

    • @allupinyobiz
      @allupinyobiz  6 років тому +2

      Thanks! It wasn't easy. :-)

    • @dppaintersllc9328
      @dppaintersllc9328 5 років тому

      Don't lie... haha :-) Now I might have to check out the OG video. It's inevitable now that I'm subscribed /invested.

  • @arieljj4896
    @arieljj4896 7 років тому +9

    So, as an online store, If I were to sign a contract with a potential wholesaler, I would sign Yaras Johnson, LLC and not the name of my store?

  • @WakeCountyHomeBuyers
    @WakeCountyHomeBuyers 4 роки тому +2

    This is a very helpful, and engaging video. Thank you for sharing!

  • @br3annathomas
    @br3annathomas 5 років тому +1

    i love this... ur meeting at the end is anazing. keep doing u girl.
    u rock 💜💙💚💛🧡❤

  • @FlatearthOnline
    @FlatearthOnline 6 років тому +5

    Hey gorgeous! How are you?

  • @davidbirdno8020
    @davidbirdno8020 5 років тому +84

    She's hot and smart👍😁

    • @leandrawomack9029
      @leandrawomack9029 5 років тому +1

      Agree!

    • @jlg8689
      @jlg8689 5 років тому +2

      Thats a keeper!

    • @gregallen1
      @gregallen1 4 роки тому +1

      And your old abs bald and stand no chance with a woman like that! 😆😆

    • @hasankemalkayacan3317
      @hasankemalkayacan3317 4 роки тому +2

      @@gregallen1 She is an advocate god damn it :D Go marry her. You'll see how fast your life goes down to a shit hole :)

    • @allupinyobiz
      @allupinyobiz  4 роки тому +1

      @@hasankemalkayacan3317 ACCURATE

  • @fukgoogole2
    @fukgoogole2 4 роки тому

    you have grown so much. and your office looks soo wonderful!

  • @angelamanning7122
    @angelamanning7122 4 роки тому

    I liked the role playing with yourself scene. I think it helps people understand better, keep it up!

  • @sicaz527
    @sicaz527 5 років тому +26

    You are distractingly beautiful. I think you said something about an LLC. Will rewatch

    • @ajanimandara9137
      @ajanimandara9137 4 роки тому

      Lol

    • @sicaz527
      @sicaz527 4 роки тому

      @@sanjayaiyar4351 Nah, not thirsty, I just think she's attractive. Can't really admit that anymore without being lumped in to a group of leghumpers.

    • @robkaiser1047
      @robkaiser1047 4 роки тому

      sicaz527 honestly, I think it’s her personality and presentation on top of being super cute.

  • @KeithBlade
    @KeithBlade 4 роки тому

    Love the honesty, with quality material. And glad we all have vanity in common. ; )

  • @atturnec360
    @atturnec360 6 років тому

    The meeting with yourself is extremely informative yet comedic lol great info thx!

  • @PH-md8xp
    @PH-md8xp 3 роки тому

    Excellent video, good clarity, and thumbs up on the meeting with yourself!

  • @richardtherien5162
    @richardtherien5162 6 років тому +1

    Wow! Those camera angles are on point!!)

  • @fernandorocha4846
    @fernandorocha4846 7 років тому +1

    Informative content. You have earned my subscription. Keep doing what you do!

  • @brolysfate
    @brolysfate 2 роки тому

    OMG I forgot about the meeting at the end 🤣🤣🤣🤣 awesome job! Thank you so much for the info! Truly appreciated! (Love the self compliments too! On point!)

  • @LynnLaceyLLWW
    @LynnLaceyLLWW 8 років тому

    Aiden - you are so funny - As a sole proprietor in the process of forming a single member LLC I really appreciate your videos. Thanks much

  • @blkstonedigital
    @blkstonedigital 5 років тому +2

    You're still one of the best UA-cam attorneys, Aiden.

  • @Swing4TheRing
    @Swing4TheRing 6 років тому +1

    In the process of starting my llc right now... cheers for the help and the meeting lol!

  • @aswadmalik1740
    @aswadmalik1740 2 роки тому

    Highly informative! Thank you! Keep up the good work!

  • @mrprinceq1993
    @mrprinceq1993 5 років тому +1

    You make boring legal talk really fun and digestible. Thank you

  • @olivere9772
    @olivere9772 7 років тому +1

    good job! Kept me awake, lively presentation.

  • @AntonMatthews
    @AntonMatthews 4 роки тому

    Love it. Thank you. Sacking this to my favorites. Very helpful and pleasant to view

  • @victoriagabaldon8469
    @victoriagabaldon8469 4 роки тому +1

    Not stupid at all!!!! Fun, helpful, informative and real! Thank youuuuuu!!!! Appreciate you!!!!

  • @edwardschell8880
    @edwardschell8880 4 роки тому

    Thanks for bringing to light key aspects of Meeting minutes, records, etc.

  • @ThePahndafoetoe
    @ThePahndafoetoe 5 років тому +1

    Honest af! 😂
    I never seen the first one. But I feel you!!

  • @JohnO318
    @JohnO318 6 років тому

    Loved the information.
    Loved the meeting at the end.
    What a cutie pie!!

  • @brettjames5856
    @brettjames5856 5 років тому +1

    Great video! Thank you for what you do!

  • @morganybarra9524
    @morganybarra9524 4 роки тому

    YOU'RE SO PRETTY AIDEN AND YOU,RE THE BEST DONT WORRY ABOUT THE OLD VIDEO!! YOU YOURSELF KNOW THE GROWTH YOU MADE FROM THERE TO HERE WERE ALL LEARNING AND YOURE HELPING SO MUCH THANK YOU.

  • @jaybee7066
    @jaybee7066 6 років тому +1

    This was a good, fun refresher :)

  • @Gaypornmama
    @Gaypornmama 3 роки тому

    lol your meeting with yourself is hilarious. Thanks for the advice - you're awesome!!!

  • @brainsterind
    @brainsterind 6 років тому

    Thanks for the great video! You make a very difficult subject easy to understand...and even entertaining! Not a characteristic associated with lawyers...ever! 😊

  • @Cwj1284
    @Cwj1284 6 років тому

    Thanks again, Aiden. I literally came back to your channel to watch this video and get a question answered WHILE I was filling out LLC formation forms on my state's website. Haha, oops! Also, just as an aside, I watched the first and second version of the video. There's NOTHING wrong with the first one. (For your vanity's sake, you look great in both!) The new one is slightly better just because of the editing/transitions between ideas.