Congratulations You’re About to Join the Over Caffeinated Cult of LLC Owners
Welcome, brave 18 to 35 year old hustler, to the broken glass and marble run that is starting your own LLC. Excited? Of course you are. Terrified? with your Business Plan You should be. Whether you’re selling drop shipped dog sweaters, consulting via Zoom in sweatpants or launching the Next Big Side Hustle you’ve decided that taxes, liability and paperwork sound almost fun?
Let’s get real. You probably googled How to write a business plan for LLC formation at 2:42 a.m. right after rage quitting your 12th open tab on startup advice. You want the real steps. The ones no one talks about on those pastel, millennial infested “girl boss” finance blogs. I’ve got you. And coffee stains on my floor. Let’s do this.
Step 1: The “Big Idea” (a.k.a. Sell Anything People Don’t Realize They Don’t Need)
Before the LLC forms, let’s discuss your genius, world-disrupting, totally-unique idea because obviously, no one else is already selling hand poured concrete fidget toys on Etsy. Your business plan for LLC formation needs an idea so solid even your mom can’t roast it at Thanksgiving.
Things to Keep in Mind:
- If it’s already on TikTok it’s either a huge deal or already over. (Sorry.)
- If Chat GPT could spit it out in two seconds, maybe aim higher.
- Is your “passion project” just code for “I want to work from bed forever”? OWN IT.
Sure, they say you need a “market gap.” I say you need WiFi and the misplaced optimism of your late twenties.
Pro Tip: Describe your offering in a sentence. If it’s longer than a Hinge bio, trim it. If you can’t explain it to your college educated dog rethink.
Step 2: LLC “Let’s Legally Chill” Except There’s Paperwork
“Limited Liability Company” sounds like “I limit my liability, but not my ambition.” Or that’s what you’ll tell people on LinkedIn.
So, LLC formation. Cue the Montage of Sad Googling:
- Incfile? LegalZoom? That weird government site with Comic Sans?
- Which state? (Spoiler: Wyoming does not care about your side hustle but Delaware probably does.)
- Do you need an actual address or can you use your friend’s garage? (Hint: USPS will judge you, but won’t stop you.)
Let’s be real: you’re forming this LLC to make sure you don’t end up personally paying for Chad’s broken drone rental or some rando’s “emotional distress.” A business plan for LLC formation, shockingly involves you guessed it a plan. Cue dramatic gasp.
Your To Do List:
- Grab your dumbest childhood nickname. Magnify it: That’s now your LLC name.
- Google it. Cry briefly when it’s taken by a middle aged magician from Ohio.
- Accept that you’ll pay an unholy fee for a “registered agent.” Yes, that’s actually a real thing.
- Fill out enough forms to make you nostalgic for doing your FAFSA. Good times.
Step 3: The “Let’s Pretend to Budget” Section Where Reality Hits
You thought you’d skip this part? Sweet summer child. Insert meme of burning dollar bills with the caption “Following my dream, BRB.”
Your business plan for LLC formation needs numbers. Yes, those squiggly things in Excel that make your eyes hurt.
What Will You Spend Money On? Everything.
- State Fees: Because the government always wins.
- A Logo: Either $5 on Fiverr or $2,000 for something you’ll change next week.
- Web Hosting: Because free Wix sites only impress your grandma.
- Accounting Software: Or let’s be honest, a shoebox until you get audited.
- Starbucks: The only constant in your entrepreneurial journey.
Budget for the expected, the unexpected and the “how did I not know insurance was a thing?”
Projected Profits?
If you’re pitching to investors (read: your worried parents), round up. If not, multiply by zero and call it “optimism.”
Step 4: “Team” Means You Random Fiverr People, and the Cat
This is the section of every business plan for LLC formation where you list your “leadership team.” And by “leadership” you mean “the same person filling every role depending on the time of day.”
Here’s your real org chart:
- CEO: You, 9 a.m. coffee in hand, googling “what does a CEO do?”
- CMO (Marketing): You, 2 p.m. making Tik Toks about office snacks.
- CFO: You, 5 p.m., sobbing over a Google Sheets formula error.
- Chief Vibes Officer: The cat sleeping on your keyboard.
And maybe MAYBE you’ll hire a freelancer for your logo, who’ll ghost you halfway through.
Insert meme image placeholder: Distracted Boyfriend staring at “Freelancer from Upwork” with “My Business Plan” being ignored.
Step 5: The “Growth Strategy” or How To Manifest Virality With Zero Budget
Ahh, the dreams. TV commercials, billboards the TikTok algorithm landing you on “How I Made $1M in 2 Weeks” cringe compilations. For your LLC business plan, growth STRATEGY means “throw stuff at the wall and pray.” Bold, reckless, American.
The Reality:
- SEO: Spend 40 hours learning it, then ignore it.
- Social Media: Post something mildly amusing every Tuesday. Get two likes (thanks, Mom and that one bot).
- Word of Mouth: Tell every Bumble date you’re “like, totally an entrepreneur now.”
- Partnerships: Collaborate with equally lost souls. At least you’ll cry together.
Growth will be slow, weird, and mostly fueled by caffeine and delusion. But hey, you’re an LLC now fake it til you make it, right?
Let’s Pretend to Wrap Up: LLC Wiz Here You Come
If you made it to the end of this business plan for LLC formation, congratulations. You now possess medium-level delusion, a mastery of the “undo” keyboard shortcut, and more knowledge about registered agents than most humans. Go forth, build your business empire, and may your LLC paperwork be less painful than your last breakup.
PS: If your side hustle fails, you’ve gained one hell of a fun fact for awkward job interviews. You’re welcome.
Now go launch that LLC. Or just keep scrolling TikTok. No judgments (but all the side eye).