If you don't have this 3 document, your business structure means nothing.

3 Documents Every Business Owner Needs IF YOU DON'T HAVE THIS 3 DOCUMENT, YOUR BUSINESS STRUCTURE MEANS NOTHING. IT WON'T HOLD UP IN COURT, IT WILL NOT PROTECT YOUR ASSET, AND IT WILL COST YOU EVERYTHING. MOST BUSINESS OWNERS SET UP THEIR L L C. AND THEY THINK THEY'RE DONE. YOU'RE NOT. YOUR FORMATION IS JUST ONE STEP. THIS THREE DOCUMENT IS WHAT ACTUALLY MAKES YOUR BUSINESS A REAL BUSINESS. DOCUMENT NUMBER ONE OPERATING AGREEMENT. THIS IS THE RULE BOOK FOR YOUR L L C'S. IT LAYS OUT WHO OWNS THE L L C, HOW PROFIT ARE DISTRIBUTED. WHO MAKES DECISIONS IN YOUR L L C. AND WHAT HAPPENS IF THE OWNERS OF THE L L C'S WANT TO LEAVE. WITHOUT THIS DOCUMENT, YOUR STATE DEFAULT RULE APPLY AND MAY AND THEY MAY NOT BE IN YOUR FAVOR. DOCUMENT NO. 2. YOUR E I N. THIS IS YOUR EMPLOYEE IDENTIFICATION NUMBER. THIS IS TECHNICALLY LIKE YOUR BUSINESS SOCIAL SECURITY NUMBER. YOU NEED IT TO OPEN BUSINESS BANK ACCOUNT, HIRE EMPLOYEES AND FILE TAXES. YOU CAN GET THIS FREE ON THE I R S DOT GOV WEBSITE. DOCUMENT NO. 3, A REGISTERED AGENT AGREEMENT. A REGISTERED AGENT IS A PERSON OR COMPANY THAT RECEIVES LEGAL DOCUMENT ON BEHALF OF YOUR L L C. IF YOU GET SUED, THEY RECEIVE THE PAPERWORK. YOU NEED A REGISTERED AGENT IN EVERY STATE THAT YOUR BUSINESS IS ACTIVE. SO THE THREE DOCUMENTS ARE YOU'RE OPERATING, YOUR OPERATING AGREEMENT, YOUR E I N, AND A REGISTERED AGENT. IF YOU'RE MISSING ANY OF THESE STEP YOUR L L C HAS A GAP. SAVE THIS VIDEO AND CHECK THIS OFF THIS WEEK TO MAKE SURE YOUR L L C IS PROTECTED. FOLLOW ME FOR MORE CONTENT LIKE THIS.