Learn how to set up an LLC in Texas with this step-by-step guide, covering all the essential steps to start your business.
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Learn how to set up an LLC in Texas with this step-by-step guide, covering all the essential steps to start your business.
Timestamp Sections:
00:00 Intro
01:05 What Exactly Is an LLC?
01:57 DIY Process
02:33 Naming Your LLC
04:00 Get a Registered Agent
05:30 Create Operating Agreement
06:18 Employer Identification Number
06:44 Pay The Necessary Taxes
09:04 Alternative Way
09:37 Tailor Brands
10:47 Choose Your State
11:04 Answering Simple Questions
12:45 Choose Your Plan
13:21 Final Thoughts
14:24 Outro
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Intro & Overview of LLCs
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In this video, Iβm breaking down how to set up an LLC in Texas with a straightforward, step-by-step guide covering two approaches: DIY or using a service like Tailor Brands. First, Iβll walk you through each part of setting up an LLC on your own, covering everything from choosing a business name to filing with the state. Iβll also introduce Tailor Brands, a professional platform that can simplify LLC formation, offering expert support and saving you time. If youβre curious about LLCs, glad to have you here, and if youβre considering Tailor Brands, check the affiliate link for a discount!
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DIY Process
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Starting an LLC independently involves several key steps: choosing a name, appointing a registered agent, filing the certificate of formation, and creating an operating agreement. Naming is crucial as it must be unique in Texas, and for those not using their full LLC name for branding, a DBA may be necessary.
The registered agent, either a member or hired, handles legal notices on behalf of the LLC. When filing with Texas, which can be done online for $300, youβll include details like LLC name, members, and management. Lastly, an optional operating agreement is recommended to ensure all members understand roles, ownership, and procedures for managing disputes or closures.
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Professional Help & Tailor Brands
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For those who prefer a more hands-off approach, Tailor Brands provides an all-in-one LLC formation service that handles everything, from name search to filing, which can be especially useful for busy entrepreneurs. With over 500,000 businesses served, they bring expertise and efficiency, letting you focus on building your business while they handle the paperwork.
Whether youβre setting up on your own or with help, LLCs provide liability protection, flexible management, and tax benefits, making them a popular choice. Donβt forget to check out the link in the description for a discount if Tailor Brands sounds right for you!
Hope you enjoyed my Texas LLC | How to Start an LLC in Texas Video.