top of page

You filed for your LLC, now what are you gonna do?

After creating an LLC, there are a few key steps you should take to ensure that your business is set up for success. Here are some important things to do after creating an LLC:

  1. Obtain any necessary licenses and permits: Depending on your industry and location, you may need to obtain specific licenses and permits to operate your business legally. Check with your State’s website or make some calls to their customer service to find out what licenses and permits you need.

  2. Set up your business address: Even if you do not have an actual physical location, that doesn’t mean your business needs to be listed with your home address. Your privacy is important and having unhappy customers show up to your home is a big no-no. Protect your business and yourself by setting up a virtual mailbox.

  3. Set up your business phone number: I know it’s tempting to just use your cellphone number for everything. But separating things upfront is most effective. You can set up a business line without actually having to go purchase a new cell phone and waste hundreds of dollars. You can set up a virtual phone number and download the app to your cell phone once set up and even use the desktop version to answer calls from or send text messages to Clients.

  4. Obtain an EIN: An EIN, or Employer Identification Number, is a unique identifier assigned by the IRS to your business. You will need an EIN to open a business bank account and file taxes. You can apply for an EIN online through the IRS website.

  5. Open a business bank account: It's important to keep your personal finances separate from your business finances for multiple reasons. Open a free business bank account to keep track of your business's income and expenses.

  6. Create a website and social media presence: In today's digital age, having a website and social media presence is essential for marketing your business. Create a professional-looking website and set up social media accounts to help promote your business.

  7. Get listed: There are several directories you can use to improve your internet presence for free, such as Google My Business, Yelp, YP, and ListYourself.Net.

  8. Obtain business insurance: Depending on your industry and location, you may need to obtain specific types of business insurance to protect your business from liability.

  9. Set up accounting and bookkeeping systems: Proper accounting and bookkeeping are essential for managing your business finances. Set up a system to track your income and expenses, and consider hiring a freelancer bookkeeper/accountant to help you manage your finances.

  10. Create a business plan: A business plan is essential for outlining your business goals, target market, marketing strategy, and financial projections. Creating a business plan can help you stay focused and on track as you grow your business.

By taking these steps after creating an LLC, you can help ensure that your business is set up for success and is operating legally and efficiently. These are 10 tips that will help you get going… what you do with this information.. is up to you.

5 views0 comments


bottom of page