Registering the LLC is just 1 of the many steps!

Your LLC is not protecting you if all you did was register it with the Secretary of State. Here are several things that you must do after registering your LLC to make sure that it's being properly run. First, you need to get an EIN number and open up a separate business bank account. Second, you'll want to have an operating agreement drafted. This is especially important if you have multiple owners, but even if you're the only owner, you're going to want an operating agreement so that the state's rules don't automatically apply to you. Third, you'll want to check with your county and state to see if there's any licenses or permits that you need. Fourth, you'll want to consider getting a business insurance policy to protect your business assets and potentially your personal assets if the veil of protection is pierced. Fifth, you'll want to make sure that you have the proper contracts in place. And lastly, you'll want to make sure that you file the annual reports if your state requires them.