Starting an LLC is as easy as 1, 2, 3!
Starting an LLC is a great way to protect yourself, your assets, and your family when starting a small business such as a dog training business. It is relatively inexpensive compared to filing for incorporation.
1) Choosing A Name
The first step to starting an LLC for your dog training business is finding a unique name that isn’t already being used in your state. Additionally, the name will need to indicate you are an LLC. This means the name should include “LLC” or “Limited Liability Company.” The name cannot contain regulated words such as “bank” or “insurance.” When you file your LLC, the name will automatically be registered with your state so you will not need to file additional documents.
Once you’ve found the perfect name, you’ll want to file the Articles of Organization. That is fancy terminology for a big document that lays out the structure of your new organization. It includes information like your business name, address, and the names of its members. There is usually a several hundred-dollar filing fee. (In Texas, the fee is currently $300.) You’ll also need to specify the Registered Agent for your company. The Registered Agent is simply the person you choose to be in charge of receiving official documents. As with most dog training companies, this will most likely be you!
3) Operating Agreement & Permits
The Operating Agreement is a document that specifies the official roles each person will fill in the company. Most dog training companies are started by one person so this is pretty simple. In fact, most states do not require an Operating Agreement. At this point, you’ll also want to check with your local business regulations. Some cities require business operation permits.
For more information, please check out the U.S. Small Business Administration website. How to Start an LLC is our absolute favorite resource for all the links and resources you’ll need to get started.
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