There's five steps you need to do to launch your business the right way. Step one: You're going to want to plan your business and actually pick your business name. This is the most fun you're gonna have. So figure out your value proposition on how your business is going to be making money, Then create a list of names to go along with it.

Check to see if any of those names are already registered or taken, Then get yourself a website, domain, social media handles, and actually register it with your state. If everything checks out, then step two: You want to actually register your business, secure your articles of organization and your operating agreement, and file them with your state. Three: Obtain a Federal EIN number. so Uncle Sam can make his money.

This will allow you to separate your personal finances from your business, or you need to apply for licenses and permits. Not everyone needs one, but if your specific industry needs one, make sure you do it to avoid paying any penalties or fees. And in five, open yourself a business bank account. You absolutely need to separate your personal finances from your business finances and this account will allow you to do that.

And if all that sounds way too complicated, then check the full video on YouTube at Sean Malku.