The first step in opening an LLC is finding your state’s division of corporations. I’m in Florida so Sunbiz is the website I’ll be using. dos.myflorida.com/sunbiz/
Once you find your states website , figure out an entity name and search to see if it is taken yet / similar to an… twitter.com/i/web/status/1…
Once you’ve found the division of corporations and picked a name for your LLC you want to click “ start a business “. Once you get here it will walk you through the 4 steps before choosing an entity.
Once you have reviewed the 4 steps and want to continue, you have to fill out the online form pictured below efile.sunbiz.org/scripts/corety…
When you do this make sure you understand this information is public , your home address isn’t ideal for the address. You should have an office… twitter.com/i/web/status/1…
Once you have reviewed the 4 steps and want to continue, you have to fill out the online form pictured below efile.sunbiz.org/scripts/corety…
When you do this make sure you understand this information is public , your home address isn’t ideal for the address. You should have an office… twitter.com/i/web/status/1…
Once you have completed this form and set yourself up as a manager/for the company you’ll have to pay the 125$. While this happens you’ll be waiting for your EIN to get emailed to you from the government. (You will get a lot of emails asking to pay for things but these are all… twitter.com/i/web/status/1…
An EIN is essentially a SSN , but for a business. Once you get that email from the government you can open a trading account on most brokers using this EIN and the information associated w it start.tdameritrade.com/select?entity=…
After you have all of this information completed you can go into a bank and open up a business bank account and use the ein / companies information. It’s a straight forward process. thebalancemoney.com/how-to-open-a-…
Once you have a business bank account , you use it for payroll and since you work for the company you can get paid out the same as any w-2 employee. legalzoom.com/articles/how-t…
irs.gov/pub/irs-pdf/fw…
If you read this far , hopefully this quick explanation helps and points you in the right direction. None of this is financial advice, rather a tool to help you guys go down the rabbit hole of corporate America. Do your own research to find out the benefits, most of these links… twitter.com/i/web/status/1…
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