Starting an LLC costs roughly $100 in state filing fees, plus about $100 yearly to maintain it. An EIN from the IRS is free, and you can skip the registered agent fee by handling it yourself. A professional operating agreement is worth the investment over a DIY template.
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Registering an LLC isn't as expensive as you probably think it is. On average, filing the articles in the state generally costs around $100 in most states. The other expense is paying the registered agent if you choose to have one. You can list yourself as the registered agent, which would avoid you having to pay the third party, but if you do pay a third party, it's around $100 per year. And the third expense is paying the annual fee, which is also just around $100 per year depending on the state. The next step in the process is getting the EIN number, which you can get completely free from the IRS website. And then once you have that, you'll open up a bank account, which is also most likely free. And the last thing is to get an operating agreement for the LLC, which you could draft yourself, although I don't really recommend it. Thanks, and follow me for more.