3 Things to Know Before Forming Your LLC

Location really does matter for where you form your business. Oftentimes forming outside of the state isn't quite the savings, a financial tax, business stress reduction, savings that we think it's going to be."

- Asha Wilkerson, Esq.

Episode Summary:

Hey, welcome back to another episode of Transcend the podcast. This week, I share three things you need to know before forming your LLC. You’ll find this information helpful no matter what state you have your LLC in. there are three basic principles that you should think about before you go ahead and form that limited liability company.

What You’ll Learn On This Episode:

  • [01:14] Location matters when it comes to forming your LLC
  • [03:07] Understanding the need for an Agent for Service Process
  • [04:43]  The importance of keeping your business and personal life separate
  • [07:35] You don’t need to be profitable before starting your LLC

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