October 30, 2025
It’s easy to assume that all the hard work is done once you’ve come up with a business plan and have refined your products and services. There’s no doubt that this is important when launching your new LLC. However, do you know what to do after forming your LLC?
The next steps after LLC formation can be business-dependent, but you may see the value in following this business checklist below.
Your Post-Formation Checklist: 7 Essential Next Steps
Congratulations, you’re a business owner! But the work isn’t over. After you get an LLC, what’s next? Well, you officially have a company. Before you start celebrating, cross the t’s and dot the i’s with these seven essential next steps:
1. Draft and Sign an LLC Operating Agreement
An LLC operating agreement is a legal document outlining the internal structure of your LLC, how the management operates, and what processes for decision-making look like. Essentially, it’s a contract among the owners (also known as members), detailing rights, rules, and responsibilities to reduce the risk of conflicts and misunderstandings.
While LLC operating agreements aren’t required in all states, they are highly recommended even in states where they aren’t legally necessary. Without one, you can be at risk of losing liability protection, face personal responsibility for business debts and lawsuits, and may even struggle to get financing from any lenders and investors who require this crucial document.
2. Obtain Your Federal EIN (Employer Identification Number)
A federal EIN is an employer identification number. Essentially, it’s a Social Security number for your business. You need this number to open a bank account under your business’s name, hire new employees, and even file your business taxes.
Applying for an EIN is one of the crucial next steps after LLC formation. If you haven’t yet done so, apply for one on the IRS website. Business formation service providers can also assist if you would prefer to leave this task to the experts.
3. Open a Dedicated Business Bank Account
When learning how to start a business after LLC formation, one of the most common pieces of advice you’ll receive is to open a dedicated business bank account. Separating your business and personal finances is crucial for both legal and financial reasons.
What’s more, opening a business bank account makes it easy to manage your business-related expenses and income, build credit, and maintain the liability protections offered by forming an LLC.
Visit your bank with your LLC approval documents and EIN. You may also see the value in applying for a business credit card to make company-related purchases easily.
4. Secure Necessary Business Licenses and Permits
Aren’t sure what to do after forming an LLC regarding business licenses and permits? Contact your state’s business licensing agency and city or county clerk’s office. The licenses and permits you need depend on where you live and the industry you’re operating in. You may need local, state, and federal licenses, as well as professional licenses, sales tax permits, zoning permits, and even health department approvals.
With so many requirements based on the type of business you’re operating, seeking professional advice is always recommended.
5. Understand Your Annual Compliance Requirements
There’s more to operating an LLC than providing your customers with the products and services they need. You also have to maintain accurate business records for annual compliance requirements. Many states require their LLCs to file a report every year.
Forgetting is not a valid excuse for not doing so. Missing deadlines can have serious repercussions like fines or even the dissolution of your LLC. If you need help with your annual compliance requirements, contact a trusted business service provider, who can provide automated alerts, expert support, and filing accuracy for compliance and protection.
6. Set Up Your Online Presence (Website & Social Media)
It’s simply not enough to exist in a physical space anymore. If you want your business to be noticed and supported, set up your online presence. Create a professional website, start your own social media pages, and ensure consistent branding across all.
Not only does being online help your customers see you, but it can also build trust with your potential target audience while ensuring you’re more accessible.
7. Develop a Basic Marketing Plan
In an ideal world, you’ll have customers lining up out the door as soon as that ‘open’ sign goes up. The reality is, most businesses have to work hard to build their customer base. That’s why developing a basic marketing plan is so crucial.
Start with a clear value proposition, define your target audience, and choose your preferred marketing channels. Many business owners go for the most budget-friendly and impactful like social media, online ads, local events, and email.
Don’t Navigate the Next Steps Alone
Whether you’re still figuring out what to do after forming an LLC or you’ve already ticked off every task on your new business checklist, that doesn’t mean you need to go through this LLC formation process by yourself.
Be supported in your business endeavors by the team at Nue Biz. Take the first step, and we’ll handle the rest! We can help you navigate state requirements and provide the tools, support, and resources needed to turn your business vision into a reality. Contact our expert team today and start your business with confidence.
Nue Biz is an independent filing service dedicated to helping customers set up their businesses. We do not provide legal or financial advice; please consult a professional for specific guidance.
