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3 SIMPLE STEPS TO LEGACY BUILDING
Step 1: Lay the Groundwork
Name Your Business: Choose a unique name that complies with state requirements (even though you're not tied to a specific one yet, think broadly). Ensure it's available as a web domain.
Registered Agent: Designate someone (yourself or a service) to receive legal and official documents. This agent needs a physical address in a state where you'll eventually register.
Step 2: Choose Your Structure
Single-Member LLC: If you're the sole owner, this is the simplest structure. You have personal liability protection, and taxes typically pass through to your personal income.
Multi-Member LLC: If there are multiple owners, you'll need an operating agreement outlining ownership percentages, responsibilities, and profit/loss distribution.
Step 3: Formalize and Operate
File Formation Documents: When you decide on a specific state, you'll file the necessary paperwork (often called Articles of Organization or Certificate of Formation) with that state's business filing office.
Operating Agreement: Create a comprehensive document (especially crucial for multi-member LLCs) detailing the LLC's operational procedures, member duties, and decision-making processes.
Remember, while these are general steps, the specifics will depend on the state where you ultimately decide to register your LLC. You'll want to research the requirements of that state carefully when the time comes.
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