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Limited Liability Company, is a modern business structure that combines the advantages of both corporations and partnerships. It offers members protection from personal liability for the company’s debts and obligations. This means that the members’ personal assets are generally shielded from business-related risks. LLCs offer pass-through taxation, where profits and losses are reported on members’ personal tax returns, avoiding double taxation seen in corporations.
A Limited Liability Company (LLC) is not a corporation; however it is a very popular formal business entity.
A LLC (Limited Liability Company) is suitable for businesses seeking liability protection & tax advantages.
A Limited Liability Company (LLC) offer benefits for funding, professionalism and credibility for your business.
DIYLLCNow is the smarter, better choice for entrepreneurs. We help break the myth that you can’t form your own LLC. With our step-by-step guidance, you’ll have the confidence and clarity to complete the process yourself.
By DIYing your LLC, you gain full transparency over the true costs, achieve faster formation, and become more informed about your business. Because you’re directly involved, your LLC is customized to your specific processes and needs—making it more trusted, credible, and better positioned to establish strong business credit.
We don’t just give you tools—we guide you through each step with accuracy and clarity. From start to finish, you’ll know exactly what to do, when to do it, and why it matters. This step-by-step process ensures nothing is missed and ensures your business compliant.
Can be a difficult decision. Just remember that it will represent your brand.
Secure a Registered Agent before you startform, not after.
Go to your Secretary of State to apply.
Go to IRS.gov to apply for your Employer Identification Number
Create your Operating Agreement and follow and operate your business in accordance.
Open up a business bank account to keep your personal finances separate.
Your business is now ready to obtain business credit. This should be accomplished as soon as possible.
Selecting a name for your LLC is crucial. It should reflect your identity, be memorable, easy to spell, and industry-relevant. Ensure it’s unique through a thorough search, and check domain availability to strengthen your brand’s online presence.
A registered agent is responsible for receiving legal and official documents for your LLC. They must have a physical in-state address, be available during business hours, and ensure your company stays compliant with important state requirements.
An LLC combines liability protection with business flexibility. To form one, choose a unique name, appoint a registered agent, file formation documents, create an operating agreement, and secure an EIN—ensuring compliance, protection, and a clear framework for success.
An Employer Identification Number (EIN) is your LLC’s unique tax ID from the IRS. It’s required for banking, taxes, and hiring employees. Applying online is free, simple, and ensures compliance while streamlining financial and administrative processes.
An operating agreement defines your LLC’s structure, ownership, and decision-making processes. Though not always required, it’s essential for clarity, profit distribution, and dispute resolution—ensuring protection, transparency, and alignment among members while strengthening your business’s foundation.
A business bank account separates personal and business finances, ensuring legal compliance, accurate records, and professionalism. It simplifies taxes, builds financial credibility, and is often required for loans—making it essential for managing and growing your business effectively.
After opening a business bank account, applying for business credit is a smart next step. It builds your company’s financial profile, separates personal liability, improves fundability, and creates opportunities for loans, credit lines, and future growth.
A DIYLLCNow membership will give you access to exclusive step by step videos, content and services. It’s more than just these 6, it will have you up and running with all the components of a credible business.
