What To Do After Forming an LLC - 6 Crucial Next Steps

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 21-page 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://go.thellcguide.com/templates 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 📘 Additional Next Steps After Forming Your LLC • Business Bank Account I Use & Recommend: ✅ https://go.thellcguide.com/bank • Business Phone I Use & Recommend: ✅ https://go.thellcguide.com/phone • Operating Agreement & LLC Templates: ✅ https://www.legaltemplatestore.com • How to Pay Yourself From Your LLC: ✅ How to Pay Yourself as an LLC in 2026 (to ... • How to Fund Your LLC: ✅ How to Fund Your LLC the Right Way — 4 Met... 🧩 LLC Structure & Tax Resources • Holding Company Structures Explained: ✅ Why & How to Create LLC Holding Company St... • How to Put an Existing LLC Under a Holding Company: ✅ How to Put an Existing LLC Under a Holding... • Manager-Managed vs. Member-Managed LLCs: ✅ Manager Managed vs Member Managed (What's ... • Should Your LLC Elect S Corp Status?: ✅ S Corp Election Benefits: Save Taxes and M... 🗺️ Follow The LLC Guide Get free attorney-created LLC guides, startup documents, checklists, and step-by-step resources for forming, setting up, operating, and protecting your LLC: 👉 https://www.thellcguide.com ⚖️ Need Personalized Legal Help? If you would like attorney help with LLC formation, holding company structures, Operating Agreements, contracts, or related business matters: 👉 https://www.chrisjacksonlaw.com Thank you! Best regards, Chris Jackson ‪@ChrisJacksonEsq‬ Bio: I have over 25 years of experience as a California-licensed 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 in several companies, including as a Chief Operating Officer (COO) and General Counsel of a group of companies. Legal Disclaimer: NOTE that nothing in this video is intended to create an attorney-client relationship. This video, the description above, my answers to questions, 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. For legal or tax advice, I encourage you to get such advice from an attorney and/or CPA authorized to practice in the applicable state. Affiliate FTC Notice: Some of the links in the description, video and/or comments may be affiliate (ad) links whereby if you select such links and purchase something, my LLC may earn a commission *(at no extra cost to you)*. Note that I only recommend companies or services I use myself, and any commissions received by my LLC support my channel, and for that I thank you - it is much appreciated! #llc #limitedliabilitycompany #assetprotection #llc2025 #llc2024