Erik from BusinessFormations.com 
Free Business Plan Template for LLCs Writing a business plan might feel like homework, but it’s one of the smartest things you can do before or right after forming your LLC. A good business plan helps you think through the real details of running your business — not just the exciting parts. You don’t need … Read more
Cheapest State to Form an LLC Shopping for the cheapest state to form your LLC makes sense — nobody wants to pay more than necessary for filing fees. But here’s what most entrepreneurs don’t realize: the state filing fee is just one piece of a much larger puzzle. By the end of this guide, you’ll … Read more
how to get an EIN for an LLC Getting an EIN (Employer Identification Number) for your LLC is one of those administrative tasks that seems more complicated than it actually is. The good news? It’s free and takes about 15 minutes if you know what you’re doing. Most LLCs need an EIN even if they … Read more
How to Get a DUNS Number for Your Business You’ve probably never heard of a DUNS number until someone asked for it. Then suddenly you need one, and you’re not sure what it is or how to get it. A DUNS number is basically a unique ID for your business that helps other companies, government … Read more
Best Business Bank Accounts for LLCs Getting a business bank account isn’t just a good idea after forming your LLC — it’s essential for protecting your limited liability status and managing your finances properly. Mix personal and business money, and you could lose the legal protections you formed your LLC to get. By the end … Read more
How to Build Business Credit for Your LLC Building business credit for your LLC isn’t just a nice-to-have — it’s essential for accessing loans, credit lines, and favorable payment terms that can fuel your company’s growth. Without it, you’ll be stuck using personal credit for business expenses, which puts your personal assets at risk and … Read more
LLC vs S corp Taxes: Which Saves More? Choosing between an LLC and S corporation structure often comes down to taxes. Both entities can save You money compared to running your business as a sole proprietorship, but they work differently — and one might save you thousands more per year than the other. Here’s the … Read more
How Are S Corps Taxed? Complete Guide If you’re running a business and wondering whether S corporation tax treatment makes sense for you, you’re asking the right question. The way your business gets taxed can save you thousands of dollars — or cost you thousands if you get it wrong. Here’s what we’ll cover: how … Read more
Single-Member LLC operating agreement template When you form a single-member LLC, you might think you can skip the operating agreement since you’re the only owner. That’s a costly mistake. Even though most states don’t legally require operating agreements for single-member LLCs, having one protects your personal assets and makes your business look legitimate to banks, … Read more
Free Partnership Agreement Template Starting a business with a partner feels exciting. You’re combining skills, sharing costs, and building something together. But here’s what many entrepreneurs miss: the partnership agreement is just as important as the business idea itself. A partnership agreement is a legal contract that spells out how you and your partners will … Read more