What does LLC formation mean?
LLC formation means filing certain documents with the state to legally establish your business. After approval, the LLC becomes a separate entity you can use to manage expenses, handle debts, pay taxes, secure licenses, and more—while also providing you with personal liability protection.
How easy is it to form an LLC?
Forming an LLC may seem overwhelming at first, especially if you’re new to business ownership. However, the process mainly requires knowing your business purpose, how it will operate, and paying your state’s LLC fees. Even if you’ll need a storefront later, you don’t need one secured to start formation.