Attorney clearly explains the next steps after forming your LLC to prepare it for success and to protect your personal assets. This includes 6 critical next steps you must take (plus some bonus tips).

It's important to follow certain steps after you form an LLC to ensure liability protection and personal asset protection. I'll take you through 6 primary steps with 5 additional tips for after an LLC is created. You will learn exactly what to do after forming an LLC.

If you are interested in a more comprehensive and detailed Next Steps Guide (with examples), a related company of mine has a 21page roadmap on how to protect your assets and to set up your LLC for success. The price is way too low for what you get (in my opinion). Check it out at: https://www.attorneydrafted.com.

If you want a very high quality attorneydrafted Operating Agreement (and/or other contracts and forms), that same company is offering them at a fraction of the price you'd pay an attorney. If interested, go here: https://www.attorneydrafted.com.

If you want a free template Operating Agreement, I have a video walkthrough on how to create an Operating Agreement for free here:    • Operating Agreement for LLC (Free Tem...  .

If you want more details on what should go into your LLC Operating Agreement, go here:
   • What to Include in Your Operating Agr...  

If you need an EIN (Employer Identification Number / Tax ID) for your LLC (or other entity), I show you how get one quickly and for free here:    • How to Get an EIN Number for Free (2024)  

If you or your entity are in California and need an attorney for entity formation or contractual matters, learn more here: https://www.chrisjacksonlaw.com.

Thank you!

Best regards,
Chris Jackson
@cjlawvideos

00:00 Intro: What To Do After Forming an LLC?
00:35 6 Steps After LLC is Set Up
00:56 Why it's Important to Take These Steps
02:04 Step 1: LLC Operating Agreement (What to Include)
04:39 Step 2: LLC Tax ID (EIN)
05:14 Step 3: Open LLC Bank Account
06:19 Step 4: LLC Business Permit/License
06:30 Step 5: Business Insurance for LLC
06:50 Step 6: S Corp Tax Status (Form 2553)
07:58 Bonus Steps After Forming an LLC

//BIO//
Hi, I'm Chris Jackson. I have over 25 years of experience as a business attorney. I'm also an entrepreneur who has owned, managed and sold at a significant profit multiple franchise coffee houses. In addition, I have finance and operational experience as a Chief Operating Officer (COO) of a large company. I just started this channel in February of 2023 to share information which I hope you will find valuable.

//DISCLAIMER//
Disclaimer: Note that nothing in this video is intended to create an attorneyclient relationship. This video and my channel are for general information and entertainment purposes only and should not be construed or relied upon as legal or tax advice (generally or specifically). You should not act or rely on any of the information contained herein without seeking professional legal advice.

#llc #limitedliabilitycompany #assetprotection #llc2023 #llc2022