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It costs $500/yr to run an LLC Your advice to register an LLC is very good. I’ll add: 1) Costs are very state specific. And if you register in the state you
by 300bps 7y ago
It costs $500/yr to run an LLC
Your advice to register an LLC is very good. I’ll add:
1) Costs are very state specific. And if you register in the state you live in you can act as your own registered agent and eliminate a lot of the yearly fees. In my state I can register directly for $90 with the Department of State (of my state, not federal) and there are no recurring fees.
2) Follow the rules by keeping all finances separate or you might as well not have registered the LLC.
- o-__-o 7y agoDo not skimp on your llc. I said $500 to protect yourself. You can go the cheap route but then your name is associated with your business and scams come out the woodworks. Plus it’s hella unprofessional and You may miss out on contracts because you don’t meet their vendor reqs