Reply to Creating an LLC for a new small business

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[quote=Anonymous]I have advice op.

Do this the right way. Your first llc should be named very general. Like Your Name Consulting. That way it can be a catch all for more service should you pivot later.

I wouldn’t worry about registering it necessarily until you have made a sale. I mean this is up to you. What I learned—i was ready to make my business accounts, etc early. But the forms all ask “first date you made a sale” or “first day formed.” This can be backdated, as I kept thinking “I haven’t made a sale yet.”

This is why I suggested to go ahead and make a non-branded generic llc first.

Then you have the llc for liability protection. You can start getting your checking accounts. You may want it to receive money (say via credit card payments via Stripe). **As you promote specific products, you can name them whatever you want. When those products make a sale, you can create a DBA. Same company, different name.

This is advice I wish I knew 2 years ago. Spend very little up front on names, branding. Get a generic business name than can pivot. Start there.[/quote]

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