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@waynecmontgomery7 ай бұрын
Great Video, however, you forgot to tell people that they need to register with the federal government due to the Corporate Transparency Act unless they have an exemption
@HowtostartanllcOfficial7 ай бұрын
Thank you! We are working that into the descriptions. These videos started production about a month before the new regulations passed. As we make more, we'll include within the video content itself.
@richardsonantoine8043Ай бұрын
Very helpful. Thank you!
@HowtostartanllcOfficialАй бұрын
Very happy to help. Thank you for watching and subscribing, and best of luck with your business! Also, please know that we are here to provide you with resources. Feel free to reach out with questions.
@hunterandchavy7 ай бұрын
Thank you for the valuable information. Especially my home business is in MA. 👍
@HowtostartanllcOfficial7 ай бұрын
Happy to help!
@DiyaDey-ju9wf4 ай бұрын
Thanks for your video
@HowtostartanllcOfficial4 ай бұрын
You're so welcome! Thank for watching :)
@lowbarb9 ай бұрын
Thank you
@Peter-km7hb6 ай бұрын
LLC guide number one do not live in Boston
@HowtostartanllcOfficial6 ай бұрын
What's it like for businesses in Boston these days?
@focuspoultry86878 ай бұрын
How can I remove a member in the current and add another person?
@HowtostartanllcOfficial8 ай бұрын
Thanks for the question! It's going to depend on the guidelines in the operating agreement -- is the member qualified to be removed, is a majority vote needed, does the member needs to submit a formal withdrawal letter (if voluntary) is there a buyout agreement procedure, and what are the new ownership percentages are, and what are the grounds for removal (if involuntary)? If that member has authority to sign documents/handle financials, updates will need to be made with the applicable institutions. The same goes for adding a new member -- is the new member qualified, is a majority vote needed, what their ownership percentage will be? If there isn't an operating agreement, business owners need to defer to the state's standard procedures. Those can be found here: malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156C After the procedures above are followed, the LLC owner will need to file a Certificate of Amendment to the Certificate of Organization to update the members. Please note that the information provided by us is not, and it is not intended to, constitute legal advice or tax advice. For the most up-to-date legal advice, we advise deferring to a professional attorney or certified public accountant.