To learn how to form an LLC in six easy steps go here: howtostartanllc.com/form-an-llc To have a professional service form an LLC for you: howtostartanllc.com/reviews/llc-formation-top-five
Doing research and I’m finding that Nevada is probably the best state to incorporate a small to medium size business because there are no franchise tax fees and has best asset protection.
We're glad that we can help! As a matter of fact, we're actually in the process of expanding our guides for entrepreneurs interested in the real estate industry. If you need some help getting started, check out our guide on how to start a real estate brokerage: howtostartanllc.com/business-ideas/real-estate?ref=ytcostcc If you have any further comments, please feel free to leave a comment!
Cool! Here are some ideas for young entrepreneurs to get you thinking about what you can do. Its easier than most people think: ua-cam.com/video/h7v2I1Di-L0/v-deo.html
I just started my LLC in California, and PAID $550.00. NOBODY AND NO WHERE PEOPLE TALK ABOUT FOR ALL COST. TAXES AND PUBLICATION IN THE JOURNAL. PLEASE UPDATE THE INFORMATION TO HELP PEOPLE NEXT TIME
We regret if you were unpleasantly surprised by the costs of setting up an LLC in California. Compared to other states, starting an LLC in California is a relatively costly operation. But the video does mention recurring fees that may include annual or biennial report fees and franchise taxes; also, that there may be publication costs ranging between $40 and $2000. For the latest tips and information on forming a California LLC, check out this video: ua-cam.com/video/qpypvaFaMd0/v-deo.html Our Cost to Form an LLC in California guide with details costs, go here: howtostartanllc.com/california-llc/cost-to-form
Below South Dakota is Nebraska. Abbreviation for the state of Nebraska is "NE". The "E" is covered by the title though, so we can see how it can look incorrect. Thank you for noticing and commenting, we appreciate any insight that can help improve our channel.
You will need to perform a Business License Search on the State Government website. For more information on searching for business licenses in Michigan, check out our guide: howtostartanllc.com/michigan-llc#keep-your-company-compliant
Good question! Some professional services firms will offer registered agent services alone. An LLC member can also act as the LLC’s registered agent. But this means that the member’s address will be part of a public record. Check out our video on the Top 5 Registered Agent Services: ua-cam.com/video/nWjRE7c1Cv8/v-deo.htmlref=cc
In most states, starting an LLC is relatively inexpensive but starting a business does require capital. You may consider starting your business as a sole proprietorship, which means only a general business license could be required. (Other licenses may be required if you plan to engage in certain specialized activities.) Then form the LLC only when the business has grown to a point where it is generating adequate funds.
I want to start a business selling fish , primarily online but I am struggling with whether a LLC is the way to go being I have no seriously valuable assets. Why would you recommend a LLC ? Is it only for the purpose of protection from lawsuits or is there benefits from having the company a LLC?
An LLC will protect an owner against professional liabilities, which will become increasingly important as business grows. We recommend this protection for anyone with customers or employees exposed to risk, physical or financial, regardless of your personal assets. Other benefits include: • Credibility. A formal business structure conveys professionalism and, along with an EIN, allows for business banking and building credit. • Simplicity. An LLC is easy to form and inexpensive relative to the protection and credibility it provides. • Pass through taxation. Unlike a corporation, an LLCs profits are only taxed once. Check out our other videos and web pages to learn more.
The Fishy Life ! Dont worry about forming a LLC for your small businessuntil the business grows and money starts coming in. LLC is to basically protect your company from lawsuits and other liabilities. For example, if you get into a car accident, and your sued, if your car isnt under your company name, then they cannot use your fish business as collateral for settlements.. its in the name (limited liability). Its basically protecting your business from any outside liabilities that doesnt involve your business.
We can help with that! You can start a business in 10 simple steps. For more details, check out our guide on how to start a business: howtostartanllc.com/start-a-business?ref=ytcost To see if you're prepared to become an entrepreneur, take our online quiz: howtostartanllc.com/entrepreneurship-quiz?ref=ytcost Best of luck!
Thanks for your great but I have one question. I own a parking lot cleaning business and I want to expand to another state. How do I do that. I just started my company a couple months ago with a sole proprietorship. I’m going to change to a llc soon.
Once you have formed an LLC (a great choice as you are growing your small business) you will want to register as a foreign LLC in states that you do not reside in but want to do business. Check out our article on foreign LLCs here: howtostartanllc.com/foreign-llc
Yes you can start an LLC in one state while living in another. You may need to form a foreign llc depending on your unique situation. To see what best states suit different businesses and why you may or may not want to form one in another state check out our “Best States to form an LLC” guide: howtostartanllc.com/form-an-llc/best-state-to-form-llc?ref=ytcost
For additional resources, check out our written guide: howtostartanllc.com/cost-to-form-an-llc This is one of our earlier videos and we have made some strides in improving our audio design and mixing. We appreciate the feedback, as it allows us to improve our content and make it more accessible!
Bigg Mike it’s a licensed lenders corporation pretty much u pay to use there name to avoid paying even more to become a contractor and a ligitiment business
To learn how to form an LLC in six easy steps go here: howtostartanllc.com/form-an-llc
To have a professional service form an LLC for you: howtostartanllc.com/reviews/llc-formation-top-five
Bruh I didn’t even search for this. Just here because of quarantine. Very informative though.
How is that working out for you? 😳
This sounds like everything I been looking for I’m loving it !
Thanks for the insight
Greatly appreciate it
Doing research and I’m finding that Nevada is probably the best state to incorporate a small to medium size business because there are no franchise tax fees and has best asset protection.
That's why Cali is fleeing to NV & TX.
Vegas is the BEST:
better dining, shopping, entertainment, AND nightlife than Beverly Hills!
I wanted to know if you know if I can open a LLC in macadamia but do jobs in New York State
thank you for the information, looking into starting my own business and getting everything I need to know first.
I stumbled across this channel doing some research and I'm glad I did.I`m thinking about start an LLC for Real Estate investing
We're glad that we can help! As a matter of fact, we're actually in the process of expanding our guides for entrepreneurs interested in the real estate industry.
If you need some help getting started, check out our guide on how to start a real estate brokerage: howtostartanllc.com/business-ideas/real-estate?ref=ytcostcc
If you have any further comments, please feel free to leave a comment!
Wow...great production! Love the well laid out informative video.
Thank you so much Apurva!
I’ve always wanted to start a company when I grow up
Cool! Here are some ideas for young entrepreneurs to get you thinking about what you can do. Its easier than most people think: ua-cam.com/video/h7v2I1Di-L0/v-deo.html
Loving your videos
Thank you!
Thanks. Very clear and helpful
Dude turn down the music I’m trying to here what your saying and it’s like someone scratching a nail on a chalkboard
Nathaniel Moore I know man 🤣🤣🤣🤦🏽♂️🤣🤣
It made the video so dry I don't even know what I just watched
Thank you for all the help!
Great and Helpful
Awesome video! Helped me a lot to understand the basics about LLC!
What didn't understand the comments I'm not hi 😁
Good content, thank you.
Glad you enjoyed it!
I wonder how often the price changes. Is there a newsletter we can subscribe to? I'm pretty busy these days raising "peace hornets" at my co-op.
Thanks for the question! We have an awesome newsletter you can subscribe to here: howtostartanllc.com/newsletter?ref=cc
I just started my LLC in California, and PAID $550.00. NOBODY AND NO WHERE PEOPLE TALK ABOUT FOR ALL COST. TAXES AND PUBLICATION IN THE JOURNAL. PLEASE UPDATE THE INFORMATION TO HELP PEOPLE NEXT TIME
We regret if you were unpleasantly surprised by the costs of setting up an LLC in California.
Compared to other states, starting an LLC in California is a relatively costly operation. But the video does mention recurring fees that may include annual or biennial report fees and franchise taxes; also, that there may be publication costs ranging between $40 and $2000.
For the latest tips and information on forming a California LLC, check out this video: ua-cam.com/video/qpypvaFaMd0/v-deo.html
Our Cost to Form an LLC in California guide with details costs, go here: howtostartanllc.com/california-llc/cost-to-form
thanks for telling me how little these states cost. I will now buy the U.S. tysm, though NY might be tough.
😂
My information complete
U dont need any if that, all you need is some thc
Anyone else notice in the thumbnail South Dakota was on top and North Dakota was below it???
Below South Dakota is Nebraska. Abbreviation for the state of Nebraska is "NE". The "E" is covered by the title though, so we can see how it can look incorrect. Thank you for noticing and commenting, we appreciate any insight that can help improve our channel.
How would I find what licenses I would potentially need to operate as an LLC (selling products online, Etsy and website) for the state of Michigan?
You will need to perform a Business License Search on the State Government website.
For more information on searching for business licenses in Michigan, check out our guide: howtostartanllc.com/michigan-llc#keep-your-company-compliant
Texas for 100 Ron
will those profesional services serve as a registered agent if you do all the leg work?
Good question! Some professional services firms will offer registered agent services alone. An LLC member can also act as the LLC’s registered agent. But this means that the member’s address will be part of a public record.
Check out our video on the Top 5 Registered Agent Services: ua-cam.com/video/nWjRE7c1Cv8/v-deo.htmlref=cc
Christ. I’ll have to take out a loan just to start and LLC
In most states, starting an LLC is relatively inexpensive but starting a business does require capital. You may consider starting your business as a sole proprietorship, which means only a general business license could be required. (Other licenses may be required if you plan to engage in certain specialized activities.) Then form the LLC only when the business has grown to a point where it is generating adequate funds.
I want to start a business selling fish , primarily online but I am struggling with whether a LLC is the way to go being I have no seriously valuable assets. Why would you recommend a LLC ? Is it only for the purpose of protection from lawsuits or is there benefits from having the company a LLC?
An LLC will protect an owner against professional liabilities, which will become increasingly important as business grows. We recommend this protection for anyone with customers or employees exposed to risk, physical or financial, regardless of your personal assets. Other benefits include:
• Credibility. A formal business structure conveys professionalism and, along with an EIN, allows for business banking and building credit.
• Simplicity. An LLC is easy to form and inexpensive relative to the protection and credibility it provides.
• Pass through taxation. Unlike a corporation, an LLCs profits are only taxed once.
Check out our other videos and web pages to learn more.
The Fishy Life ! Dont worry about forming a LLC for your small businessuntil the business grows and money starts coming in. LLC is to basically protect your company from lawsuits and other liabilities. For example, if you get into a car accident, and your sued, if your car isnt under your company name, then they cannot use your fish business as collateral for settlements.. its in the name (limited liability). Its basically protecting your business from any outside liabilities that doesnt involve your business.
i need help in opening a business but dont know where to start from
We can help with that!
You can start a business in 10 simple steps. For more details, check out our guide on how to start a business: howtostartanllc.com/start-a-business?ref=ytcost
To see if you're prepared to become an entrepreneur, take our online quiz: howtostartanllc.com/entrepreneurship-quiz?ref=ytcost
Best of luck!
Too many taxes. Get taxed going and coming plus resting aswell.
Fun fact: *you didn’t look this up.*
Good information. Song is very distracting and annoying.
Thanks for your great but I have one question. I own a parking lot cleaning business and I want to expand to another state. How do I do that. I just started my company a couple months ago with a sole proprietorship. I’m going to change to a llc soon.
Once you have formed an LLC (a great choice as you are growing your small business) you will want to register as a foreign LLC in states that you do not reside in but want to do business. Check out our article on foreign LLCs here: howtostartanllc.com/foreign-llc
Can you start a LLC in another state and live in another state?
Yes you can start an LLC in one state while living in another. You may need to form a foreign llc depending on your unique situation.
To see what best states suit different businesses and why you may or may not want to form one in another state check out our “Best States to form an LLC” guide: howtostartanllc.com/form-an-llc/best-state-to-form-llc?ref=ytcost
I'm trying to pronounce your name
You know you don’t need to talk Bad about people
You just need a Nicki Minaj
Turn that music off bruh
You know they don’t really care about their clients when they spell LLC wrong in the thumbnail
Thanks for catching that mistake Joseph! We just corrected it.
I can't with the music
For additional resources, check out our written guide: howtostartanllc.com/cost-to-form-an-llc
This is one of our earlier videos and we have made some strides in improving our audio design and mixing. We appreciate the feedback, as it allows us to improve our content and make it more accessible!
Do you know you don’t need to talk bad about people😐
Tf is a llc??
Bigg Mike it’s a licensed lenders corporation pretty much u pay to use there name to avoid paying even more to become a contractor and a ligitiment business
Half Baked420 wrong lol? Its limited liability company.
Attack Shovel wrong lol it’s a limited liability corporation