Don't Make These 8 LLC Mistakes! (Updated for 2023)

Video Description

Setting up your LLC is one of the most fundamental aspects of setting up your business. Unfortunately, I see many people unknowingly make the same mistakes over and over. In today's video I will share 8 of the most common mistakes and what you can do to avoid them. 0:00 Intro 2:24 Filing in the Wrong State 4:45 Using the Wrong Address 6:57 Not using a Registered Agent 8:08 Messing up the S-Election 11:01 File and Forget 12:08 No Operating Agreement 13:46 Mess up Contracts 15:26 Miss important Deadlines 19:59 Outro Click here for my step-by-step course on how to set up your very own LLC: https://www.obfoundations.com/offers/CLBa74QU/checkout Need help setting up your LLC? https://www.hawthornlaw.net/services/ Learn more about how a trademark can help you to claim the legal rights to your brand: https://www.hawthornlaw.net/tm-video Want to set up a trademark call? Click here: https://hawthornlaw.net 💪 Get rock-solid legal contracts for your business: https://onestoplegal.co 📞 If you need to get a hold of me to talk about things other than trademarks, you can schedule a general strategy call (non-trademark related) using this link: https://www.hawthornlaw.net/consult **Unless you are a legal or private coaching client, I do NOT respond to unsolicited emails or contact form submissions.** ✅ Need more information on starting a business? Download our cheatsheet here: https://www.hawthornlaw.net/cheatsheet ✅ Want the Ultimate Business Building Checklist? Click here: https://www.hawthornlaw.net/ultimate ====== PRODUCTS I LOVE ====== Some of the links below are affiliate links. If you purchase through these links, it won’t cost you any additional cash, but it will help to support my channel. Thanks! ⚖️ To start your own LLC, click here: http://hawthornlaw.net/incorporate (affiliate link) 👉 To set up a registered agent for your business (FREE for the first year!), click here: https://hawthornlaw.net/agent (affiliate link) **Or use our DIY service by clicking here: http://www.hawthornlaw.net/diy-llc 💸 To sign up with a payroll service I use and love, click here: http://hawthornlaw.net/payroll (affiliate link) 🏦 To set up your business bank account, click here: https://hawthornlaw.net/relay (affiliate link) ✉️ To sign up with my favorite email service provider, click here: https://www.hawthornlaw.net/convertkit (affiliate link) 🎥 For a list of all the gear I use when making these videos, click here: https://kit.co/legaljim (affiliate link) ====== FOLLOW ME ====== Subscribe on YouTube: http://bit.ly/2UeiiTl IG: https://instagram.com/jim.hart FB: https://facebook.com/jameshartlaw ====== ABOUT JIM ====== Jim Hart is a trademark lawyer, entrepreneur, Youtuber and online business coach. Jim created the LOCK it Down® (legal) Protection System, which has helped hundreds of online entrepreneurs to get their legal house in order. In addition, Jim provides monthly coaching and training through his OB Foundations Membership Program. Meet Jim at https://jimhartcoaching.com/. Join his coaching community at https://obfoundations.com ✳️MAILING ADDRESS:✳️ James W. Hart Hart Digital Media, LLC The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and James W. Hart or The Hart Law Firm, P.A. Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither James W. Hart nor The Hart Law Firm, P.A. makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither James W. Hart, The Hart Law Firm, P.A., nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind. Hawthorn Law® is a registered trademark of The Hart Law Firm, P.A. © James W. Hart, All rights reserved. 💡 Have an idea for a video I should do? Click here: https://bit.ly/3LgVR6z #jameshart #trademarklawyer #getprotected