Why do I need an Operating Agreement?
Depending on your state, an Operating Agreement may be required to form an LLC. At a minimum, all multi-member LLCs are highly recommended to have one. Read our article What is an LLC Operating Agreement to learn more.
Which Operating Agreement should I use?
If you are the sole LLC owner, consider using the single member LLC Operating Agreement. If your LLC has multiple members, read our article Management by Members or Managers for more information
Why do I need a banking resolution?
A banking resolution is required to authorize a member of the LLC to open a bank account.
How do I use an LLC resolution template?
For more information about when to use a resolution and how to fill out the LLC resolution template, read our Understanding LLC Resolutions guide.
Depending on your business needs, you may wish to hire employees shortly after forming your LLC. Here we provide you with the basic forms you can use to hire employees and/or independent contractors. Additionally, if your company does not already have one, you should apply for an Employer Identification Number, or EIN, at the IRS.gov website.
What is the difference between an Employee and an Independent Contractor?
When hiring workers for your business, it is important to observe the IRS' laws related to worker classification. For an overview of the topic, read our article, Contractors vs. Employees: What You Need to Know.
Are there Tax Obligations Associated with Hiring Employees?
Yes. To learn more about how employee taxes will impact your business, read our guide: Employee Taxes for Small Businesses.