MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

Don't Be A Chad! | Clean Up Your LLC

1 Mar 2023 · 1 min

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In this short in‑person appointment transcript, a receptionist (Speaker A) greets a client, Chad (Speaker B), who is there to see Mark. An advisor (Speaker C) reviews Chad’s limited LLC paperwork – essentially a single sheet in a binder – and bluntly points out that the minimal documentation leaves Chad vulnerable to personal liability. The advisor explains that the purpose of forming an LLC is to shield personal assets in a lawsuit, criticizes the current state of Chad’s entity, and promotes the firm’s yearly “cleanup special” to bring the LLC’s records up to standard and ensure proper protection.

Hi. How can I help you?
I'm here to see Mark.
Yeah,
Chad is here for your appointment.
Okay, tell him I'll be right there. Chad. Hey. I know it's no fun. I'm sorry, bud, okay? But your LLC is the key issue. Where you got it? Where's your
binder? Binder? I got it right here for you.
This is all you've got for an LLC? 1 sheet of paper. You know you're screwed, right? Is this the binder?
Yeah.
All right, baby, we're gonna kill it. I love it. You got your binder here. See you in court, people. This is why you got an entity in the first place. To protect you personally in the case of a lawsuit. We have a cleanup special every year. Check it out down below. Let's get it tidied up and protect you so you're not going to get into a lawsuit personally.