How to Set Up and Maintain Your Business EntityDon't believe anyone who says an LLC is simple.
Opinions expressed by Entrepreneur contributors are their own.
In this video, Entrepreneur Network partner Mark Kohler discusses the importance of setting up your business entity properly.
"It's not just one sheet of paper. [It's not just] online, click, click, click, I've got my LLC . . . . You need to have bylaws, or an operating agreement. You need to have minutes and a corporate book -- and that's even with an LLC."
Click play to see how proper financial preparation can save you from headaches later.
Watch more videos fromMark J. Kohler on his YouTube channel.
Related:How to Double Your Desired Income In the Next 6 Months
Entrepreneur Networkis apremium video networkproviding entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of topYouTube channelsin the business vertical and provides partners with distribution onEntrepreneur.com以及欧r apps on亚马逊火,RokuandApple TV.
