
The Easiest Way to Start an LLC in 2026 (Complete Walkthrough with Tailor Brands)
Pat Flynn
267 views • yesterday
Video Summary
Starting a business, particularly forming an LLC, is presented as significantly easier and more accessible than in the past. Companies like Taylor Brands have transformed the process, moving it from a complicated and expensive ordeal involving lawyers to a streamlined, user-friendly platform. The speaker demonstrates this by creating a new LLC for a hypothetical Pokemon card shop, "Giga Chad," from scratch, showcasing the step-by-step guidance provided.
The platform goes beyond just LLC formation, offering a comprehensive suite of business-building tools. This includes business coaching, branding services, website creation, and assistance with essential legal and financial aspects like obtaining an EIN, setting up bookkeeping, and securing a virtual address. The entire process is designed to be intuitive, with clear explanations and support available, aiming to remove the intimidation factor for aspiring entrepreneurs.
The emphasis is on the completeness and support offered, making it an all-in-one solution for launching and running a business. This approach aims to empower individuals who might have been hesitant to start due to perceived complexity, by providing a fast, simple, and supportive environment to bring their business ideas to life.
Short Highlights
- Forming an LLC is no longer complicated, expensive, or reliant on lawyers, thanks to services like Taylor Brands.
- The platform provides a step-by-step process for creating an LLC, exemplified by setting up a hypothetical Pokemon card shop, "Giga Chad."
- Beyond LLC formation, it offers a complete business-building platform including business coaching, branding tools, website services, and assistance with EIN, sales permits, and operating agreements.
- Key features include the ability to set an annual income goal (over $80,000), choose physical goods as offerings, and select a launch timeframe within a few months.
- A virtual address and mailbox service is available to separate personal and business addresses, crucial for obtaining business bank accounts and EINs.
Key Details
Demystifying LLC Formation [00:00]
- Starting a business and forming an LLC used to be complicated, expensive, and required lawyers.
- Now, with platforms like Taylor Brands, the process is significantly easier.
- The speaker demonstrates creating an LLC in real-time for a hypothetical Pokemon card shop, "Giga Chad."
This section introduces the core problem: the perceived difficulty of starting a business and forming an LLC, and presents the solution: user-friendly platforms that simplify the process. The speaker aims to prove that it's now an accessible endeavor.
Because back in the day, when I started business, yes, it used to be complicated. It used to be an absolute nightmare. But now with companies like Taylor Brands, it's so much easier.
Business Building Platform Overview [00:34]
- Taylor Brands is more than just an LLC service; it's a complete business-building platform.
- It offers LLC services, business coaching, and branding tools.
- The process begins by selecting the state of operation (California is used as an example).
This part highlights that the platform offers a comprehensive suite of services beyond just the legal formation of an LLC, positioning it as a holistic business startup solution.
Yeah, they have the LLC stuff, but they also have business coaching, branding tools, and everything you need to get your business up and running.
Initial Business Setup and Information Gathering [00:51]
- The platform requests a business name; the LLC name doesn't have to be the public-facing business name.
- The speaker uses "Giga Chad" as the business name, an inside joke.
- The business is categorized as "collectible, coins and collectibles" and offers "physical goods."
- The business is in the "taking the first steps" stage and plans to launch in "a few months."
- The business does not plan to hire employees in the upcoming year and has an annual income goal of "more than $80,000."
- A postal code is required for business operations, even for online businesses.
- The platform asks where the business will serve customers (online).
This section details the initial information gathering process, where the platform collects essential data about the business concept, stage of development, industry, and operational plans to tailor the formation process.
Your LLC name doesn't have to be the business name that you use.
Additional Business Services and Discovery [02:30]
- Users can select additional services like obtaining an EIN (Employer Identification Number), a logo, and sales permits.
- An EIN is described as a "social security code for your business," necessary for opening a business bank account.
- The speaker notes that they have "done nothing yet" regarding pre-launch business setup.
- The platform was discovered through "YouTube."
This part introduces the option to add more services beyond the basic LLC formation, emphasizing the importance of an EIN for banking and how users discover these platforms.
EIN, which is like the employer identification number. It's like a social security code for your business, which you're going to need to open a business bank account anyway.
Business Coaching and Contact Information [03:12]
- A "12-week coaching program" is offered for free to help run a successful business.
- The speaker chooses not to join the coaching program at this moment.
- The speaker adds contact information and skips forward to avoid revealing personal details.
This segment highlights the availability of free business coaching as a valuable support resource offered by the platform.
Learn and run a successful business by joining our 12week coaching program. Join the program. It's free, which is again really, really nice that there's some people over there who can help guide you.
EIN and Compliance Management [03:29]
- The EIN is crucial for opening a business bank account.
- The platform guides users through the process, asking smart questions to prevent users from getting lost.
- The speaker opts to handle the EIN process themselves for now.
- California businesses may have specific annual compliance requirements, and the platform helps keep the LLC compliant.
This section focuses on the necessity of the EIN and how the platform simplifies the compliance aspects, especially for states with specific regulations like California.
Really smart questions that they asked ahead of time to help guide you so that you're not lost. This is what I really, really love about Taylor Brands.
Expedited Filing and Operating Agreements [04:09]
- Expedited filing for a California LLC is available for an additional cost, with options for 2-day or 14-day processing.
- The speaker chooses the standard 14-day option.
- The speaker reflects on the difficulties of starting a business in 2008 without such support, highlighting the need for an operating agreement, which is now offered.
This part addresses the speed of service and the legal necessities like operating agreements, contrasting the current ease with past challenges.
And I finally found my way through it. But again, this is uh I just wish this existed back then.
Additional Services and Review [04:47]
- A "formation kit" is offered to help organize receipts and keep the LLC organized.
- Text notifications about LLC status and compliance can be received.
- The review and checkout stage for the LLC formation is presented, including an "elite plan" and state-specific fees.
- "Invoicing and bookkeeping" are offered free for 30 days.
- The EIN is charged after the LLC is reviewed and processed.
This section details various optional add-ons and the final review process, including financial tools and notification services.
Wow. So, they really are handling everything for you, which is really neat.
Finalizing LLC Name and Business Purpose [05:39]
- A dashboard is provided to track business progress.
- Users can finalize their LLC name; an alternative name is needed if the first choice is unavailable.
- The business purpose is to "sell trading cards" within the "Pokémon cards" industry.
- The business confirms it has no employees.
This segment covers the finalization of the LLC name and reiterates the business's core purpose and operational status.
Finalize your LLC name, Gigachad. If your first name choice becomes unavailable, the Secretary of State will instead use your alternative name.
Virtual Address and Mailbox Service [06:17]
- A virtual address and mailbox service is available to separate home and business addresses, crucial for business banking and EIN applications.
- This service prevents the need to use a PO box, which is often not allowed for official business addresses.
- Users can choose from different tiers of virtual addresses, including economical options.
- The chosen address is "Willow Creek Road."
This part focuses on a practical solution for businesses, especially those operating online, to establish a legitimate business address without using their personal residence.
One of the big problems when people start businesses is you eventually get to the point where you realize that you have to put in a physical address and you're not allowed to use a PO box.
Personal Information and Management [07:32]
- Personal address is collected for mail forwarding from the virtual address but is not included in the public LLC registration.
- The virtual address and mailbox service is activated.
- The platform confirms the user is the sole manager of the business.
This section clarifies how personal information is handled in conjunction with the virtual address service and confirms the management structure of the business.
This is simply so if you get packages and mail and things like that at that Willow Creek space, uh, with the space I chose, it's going to forward to the address that you want it to.
Comprehensive Platform Features [08:20]
- The speaker navigates back to the dashboard to showcase other Taylor Brands features.
- These include the free business coaching program with actual business experts.
- A logo design tool allows users to create logos based on their business name and brand vision.
- The logo generation process is quick and provides multiple options.
This segment elaborates on the broader capabilities of the platform, emphasizing the support systems like business coaching and the ease of creating branding assets like logos.
Next, on the lefth hand side, you'll see it says logos. So, I can actually get some designed logos here.
Invoicing, Bookkeeping, and Document Services [09:42]
- The dashboard includes invoicing and bookkeeping tools, offering assistance with finances.
- Features include tax calculations, tracking income, profit/loss statements, and mileage deductions.
- The platform also provides various business documents like contracts, non-compete agreements, and NDAs.
- Users can also set up their EIN and order business cards.
This section details the financial management and legal documentation services available, showcasing the platform's depth in supporting business operations.
Yes, they can even help you with some of your financing, which again is very unusual for these quote unquote LLC services.
California Compliance and All-in-One Solution [10:13]
- The platform addresses specific California compliance issues and provides explanations.
- The all-in-one nature of the platform is highlighted as a significant advantage, reducing overwhelm for new business owners.
- The speaker reiterates that this integrated approach is something they wished they had when starting their business.
This part stresses the platform's ability to handle state-specific regulations and its value as a consolidated solution for various business needs.
And you've probably thought you just needed an LLC and there's all these other things to think about. Yes. Which could be very overwhelming, but having them all in this one place, this all-in-one platform.
Key Benefits of Taylor Brands [10:56]
- Speed: The platform allows for rapid business launch with minimal friction.
- Simplicity: Legal jargon is avoided, and explanations are easy to understand.
- Completeness: It offers a full range of services from finances to legal documentation and state compliance.
- Support: Beyond software, it provides access to real business experts through coaching and assistance.
This concluding section summarizes the primary advantages of using Taylor Brands, reinforcing its value proposition for aspiring entrepreneurs.
And finally, support. It's not just a software, but like you saw with the free business coaching that you can get from real business experts, you can talk to real people who can get you up and running in the right way.
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