Launching your LLC is a huge step in achieving success as an entrepreneur. But forming your business is only the first chapter in your story. What comes after? That’s the hard work of nurturing and growing your business through all the ups and downs the economy, your industry and life in general throws at you. To thrive, you’ll need the right tools at your disposal. We’ve compiled a list of LLC resources for fledgling owners, so you can ensure your small business story has a happy ending.
Top Tools for First Time LLC Business Owners
Check out these tools, assets and resources if you want to…
Get Things Right, Right from the Start
Becoming an LLC owner is a huge transition, and it’s only the first of many you’ll experience in your career as an entrepreneur. Learn how to ease these transitions and get a running start toward success with The First 90 Days: Proven Strategies for Getting Up to Speed Faster and Smarter by Michael D. Watkins. In this invaluable book, you’ll learn about the challenges all new leaders face, and the strategies you can use to overcome them.
Get Your Finances in Order
2020 was a rough year for small businesses, with the global pandemic acting like a hurricane-force gale against our economy. Whether your new business felt the impact or not, you want to be prepared for what’s ahead in 2021. NerdWallet offers countless tools you can use to be sure your business finances are ready for whatever the new year has in store, including a business loan calculator and other resources designed for small business owners.
Be Prepared for Tax Season
If this was your first year in business as an LLC owner, you’re likely pretty new to self-employment taxes. And with tax time right around the corner, you want to be ready. If you haven’t already started, you’ll need to learn about paying quarterly taxes so you stay ahead of the game. If you aren’t sure how much to estimate, Bench offers a helpful quarterly tax calculator you can use to understand what you’re likely to owe…now, and on April 15th.
You've worked hard to get where you are today, but this is only the beginning. You've already gone through the process of brainstorming names for your business, narrowing the field and picking the perfect moniker. That's the fun part. Now, you need to get down to the important business of protecting your business name. A trademark does just that. It creates a legal shield around your name, so it can't be used by competitors or new businesses. Our trademark registration service makes the process simple and quick and ensures your business name is legally protected.
Set Your Business Apart in the Social Space
Social media is key to businesses and brands of any size, but it’s never been as important for small businesses as it is right now. As evidence, Facebook has launched Boost My Business, an original series on their Facebook Watch streaming platform. The series follows real small businesses as they work to adapt and grow their companies online and through social media. You’ll be inspired by their stories, but you’ll also learn real-world tips and tricks you can implement in your own business.
Take the Next Step in Marketing Your Business
Marketing can feel like an overwhelming prospect to small business owners, especially those who are new to navigating these waters. Luckily, there are countless free tools and resources out there to help you get started with everything from email to content management to SEO…and you don’t need to be a marketing whiz to use them effectively. HubSpot’s Ultimate Collection of Free Content Marketing Templates offers everything you need to begin. This all-in-one, comprehensive download will give you the tools to build and implement a marketing strategy that drives results.
Protect Your Business
Business insurance isn’t exactly a thrill-a-minute topic, but it’s certainly one that’s become top-of-mind in the wake of the pandemic. Keeping your LLC, employees, customers and products safe can save you money — and it could even save your business. But you have to know which is the right liability insurance for you. Through our partnership with CoverWallet, we can offer you free advice on choosing business insurance for your LLC and get you a free quote once you understand the type of policy you need.
As a new LLC owner, you have the drive and enthusiasm to grow your business to great heights. But if you want to be ready for chapter two of your entrepreneurship story (and all the chapters to come), these tools will help you get there. Don’t forget, Incfile also offers a comprehensive lineup of tools and resources that can keep your business growing well beyond formation.
Wendi is a freelance writer based in Indianapolis, IN, with over a decade of experience writing for a variety of industries from healthcare to manufacturing to nonprofit. When she isn't working on solutions for her clients, she can be found spending time with her kids and husband, working in the garden or doing more writing (of the fiction variety).