What are the five most costly mistakes to avoid before starting your LLC? In this video, I will discuss some of the most costly mistakes you can make when starting your own LLC.
These mistakes, from documentation to licensing requirements, will quickly add up and cost you money in the long run.
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"The purpose of that LLC is to create inside and outside liability." 3:13
If you're thinking of starting an LLC, then be sure to watch this video first! It'll give you the information you need to make the right decisions and avoid costly mistakes that will slow your business growth!
Starting your own business is an exciting adventure, but it can also be very costly. Therefore, I will teach you how to avoid common mistakes that can lead to expensive ones.
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If you plan on starting your own business, you must avoid these mistakes to ensure your prosperity. Set yourself up for longterm success in your business career! By watching this video, you'll be on the road to success and avoiding costly mistakes!
Simply taking the time to watch this video, you'll avoid some common mistakes and save yourself a lot of money!
Everyone who enjoyed the video should also consider subscribing to this channel! You can also watch my other videos and get some helpful advice on starting a business.
Thank you for watching, and don't forget to share this with your friends!
Show Notes:
0:00 Intro
1:16 LLC Trilogy
4:35 Documentation
8:15 Managers & Members
11:01 Under Capitalization
13:20 Poor Record Keeping
16:27 Licensing Requirements
19:31 Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the bestselling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorneyclient relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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