Don't file an LLC until you do this. (Business Credit Mistake)

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  • Опубликовано: 1 окт 2024

Комментарии • 505

  • @Londondagans
    @Londondagans  Год назад +15

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    • @rudygallegos912
      @rudygallegos912 Год назад

      What about in the garbage or waste industry

    • @IBeIveysounds
      @IBeIveysounds Год назад

      also I just payed for this freeking llc with Legal zoom being lazy smh , why am I just coming across this vid, smh . I have to go back now smh

    • @hershe45
      @hershe45 Год назад

    • @toccaradorceya
      @toccaradorceya 11 месяцев назад

      Can you still build business credit if your Personal credit is not quite up to Par??

    • @ImmIam09
      @ImmIam09 2 месяца назад

      If I already have an LLC then found your video about a virtual address, is it too late?

  • @MamiTT237
    @MamiTT237 Год назад +52

    Running your own business is SO much fun! I made a bunch of mistakes in my first business, but I don’t even feel bad about it because I really do enjoy having my own business and I take it as part of the process. Most people would be down about it but it’s a learning experience. I finally realize what I’m meant to do. It’s also kind of an ego boost when people ask me what I do. The look on people’s faces when they see a young woman talking about the business she owns 😊

  • @hoodninja1611
    @hoodninja1611 Год назад +12

    I'm new to the LLC, my niece believe in my vision and surprised me with an LLC and now I'm learning that I missed several whole steps, got my LLC through zen business, I am now subscribed to your channel to learn as I go

    • @Londondagans
      @Londondagans  Год назад +1

      Thanks for supporting the channel 💪🏾💪🏾

    • @MrDmacc1
      @MrDmacc1 7 месяцев назад

      ​@@LondondagansWhat ype of NAICS code can be used for a logistics company, that's general, since transportation companies can appear as a high risk sometimes. Thanks

  • @DucatiGTS
    @DucatiGTS Год назад +15

    You truly bring the knowledge that is needed, a lot of people on you tube talk a lot and give you zero real important information to be successful. Thank you for breaking it down and truly making this process clean.

  • @ChantelRich
    @ChantelRich 2 месяца назад

    Hey London I hope this comment finds you. I am a real estate agent and I also have my notary license. I’m creating a llc for the first time and I’m not sure if I should set it up under real estate or under notary ? Please help give me a little direction. Thanks for these gems

  • @nehemiahgirltoday
    @nehemiahgirltoday 5 месяцев назад +3

    Not only are you giving sound legal dos and don'ts you are adding in things that a true mentor would give to a beginner. I've been in law (paralegal) for 25 plus years - learned some tips today not normally shared (i.e. - get the virtual address in the right business community = gold! An address and/or phone number are paid more attention in business than most people know.) A great video all around. Thank you!

    • @jessicawilliams2137
      @jessicawilliams2137 3 месяца назад

      Hey there quick? Do you have a business email addressI can contact you.? Im looking for a Paralegal, and was wondering what services do you offer.?

  • @nbagrandpa2656
    @nbagrandpa2656 Год назад +19

    I definitely messed up with not getting my virtual office on my LLC but I just filled out an 8822b and got it switched. Everything else is intact. You're dropping some Jewels, Fam. Keep up the Good work!

  • @gatz78
    @gatz78 Год назад +6

    CP!!!! I need more info on that. Great video

  • @MaazMccullough
    @MaazMccullough Год назад +2

    CP. $Delaware County business owner ( female minority)?

  • @jpier001
    @jpier001 Год назад +23

    Can you do a video on the few things you must do after filing your LLC please!

    • @Londondagans
      @Londondagans  Год назад +12

      For sure 💪🏾

    • @anthony7253
      @anthony7253 Год назад +2

      ​@@LondondagansI'd love to collaborate with you to get the business set up

    • @unuesokami8736
      @unuesokami8736 Год назад

      @@LondondagansBRO CP please n thank you 🤌🏾

  • @850club
    @850club Год назад +1

    Whats good bro! Let's jump on a video boss 😎

    • @ayCallMeMrClark
      @ayCallMeMrClark Год назад +1

      Just saw the Starr video😊

    • @850club
      @850club Год назад

      @@ayCallMeMrClarkWhats up! Yeah, we snapped on that one 🙌🏿 Thanks Family 😎

  • @JoriHolman
    @JoriHolman Год назад +4

    Thanks for the info. Please do the Operating Agreement video!

  • @busdriver4571
    @busdriver4571 Месяц назад

    I’ve never been asked for my NAICS code to open a business checking account.

  • @busdriver4571
    @busdriver4571 Месяц назад

    Question on virtual office. If I register my business in the big city 15 minutes away, would I be subject to their taxes? Rather than the super cheap taxes in my county?

  • @naylbadawi4635
    @naylbadawi4635 22 дня назад

    I am a little confused I thought a virtual business adress can ruin you credit score

  • @zacharyjenkins143
    @zacharyjenkins143 17 дней назад

    So is 5311Lessors of Real Estate a high risk code?

  • @andrewremy9619
    @andrewremy9619 14 дней назад

    Do I need an operating agreement if I'm the only one LLC and what should my title be?

  • @terricebrown1027
    @terricebrown1027 Год назад +3

    That was so much of what every other comb your pockets scam artist does not even touch, until they've scammed you out of some of your hard earned money, and then on top of that they leave out the correct order, pertinent and sensitive information. Very Informative!! Do you do consulting?

  • @misstaty127
    @misstaty127 2 месяца назад

    if I file my llc with this company, will they sell my information or will people research and see my information with this company?

  • @DevelopYourSuperPowersToday
    @DevelopYourSuperPowersToday Год назад +2

    Thank you for sharing this great information for free to the masses. Great delivery ~ thanks!!

  • @musicloverforlife8829
    @musicloverforlife8829 11 месяцев назад +2

    Broooo! Much Love To You Man! Oh My Gosh! I've been apprehensive about pulling the trigger on establishing my llc because I wasn't sure if I was thoroughly informed before moving forward. You closed all the gaps dude! Thank you 😊

    • @Londondagans
      @Londondagans  11 месяцев назад

      Glad I could help 💪🏾

  • @deshonsmith7177
    @deshonsmith7177 Год назад +1

    I filed an LLC a year ago in california and Just moved to oklahoma. What do I have to do to to update my business in Oklahoma

  • @09jackntheboxkids
    @09jackntheboxkids Год назад +3

    Hey just found your video good advice I must say however I applied for my llc for a job I wasn’t told a right or wrong way just that I needed one for the job now that I have learned more i can’t say I was just wrong only that I wasn’t informed on how… hopefully I can fix my wrongs for ex) my home and office address before I start using the llc for other purposes i guess this is a case of when you know better you do better🌷

  • @SwaggTeamMusic
    @SwaggTeamMusic 5 месяцев назад

    If you have a virtual office phone number do you need to have a voyage number also to list?

  • @beautifulsoul_
    @beautifulsoul_ 2 месяца назад

    Hi Mr. London when do we apply for the business bank account

  • @colbylindsay5553
    @colbylindsay5553 Год назад +2

    As far as the name of a transportation company goes, XXX “logistics” is best for funding? Also which NACIS codes is the least risky for a trucking business?

  • @brucediggs5335
    @brucediggs5335 6 месяцев назад

    My personal credit score is low. Can I still file for an LLC and get a
    to get my business off the ground?

  • @DelPesos95838
    @DelPesos95838 7 месяцев назад +1

    Thank you for the information bro. I have been researching government contracting and every video is get started with no experience just set up your LLC and enter into Sam.Gov...this is a big step not mentioned, appreciate you

  • @NWONG-qk2lt
    @NWONG-qk2lt 8 месяцев назад +2

    Very good recommendations to form a LLC !!!

  • @toccaradorceya
    @toccaradorceya Год назад +1

    This is Great information, extremely Insightful and knowledgeable! I just came upon your Videos! Very well Broken down! Because I’m wanting to Register and file my new LLC, but I’m obviously not ready, because those steps you explained were not in place! Thank You 🙏🏾

  • @ClaraNanc
    @ClaraNanc 6 месяцев назад +1

    With my low credit score I still file my lllc and get a to get my business off the. Ground 🎉

  • @flightrisk7270
    @flightrisk7270 Год назад +1

    I got my LLC back in May....but was never asked for a NAIC code.....is it too late to get one?

  • @tantastic6320
    @tantastic6320 2 месяца назад

    So it is okay to get the virtual office in our personal name?

  • @Maquelic
    @Maquelic Год назад +1

    Cp, because me and my partner tried to get separate funding under our business and they said we couldn’t.

  • @AdrianCalhoun-ze3yk
    @AdrianCalhoun-ze3yk Год назад +2

    Thanks for sharing this information and I am greatly appreciative for your knowledge. I’ve did everything backwards so what are my steps to reverse things that I have done wrong

  • @Noemi-e5b
    @Noemi-e5b Год назад +1

    Great video you should give more information on your first time hiring someone for your LLC. How does that process works?

  • @TWISMatic
    @TWISMatic Год назад +1

    I had a DBA a few years before I received my LLC, can I attach that DBA to my newly formed LLC?

    • @Londondagans
      @Londondagans  Год назад +1

      Good question. I'm not sure. I recommend asking an accounting

  • @mrashtondejonsmith
    @mrashtondejonsmith Год назад +1

    Great video. Thanks for the information! What are some reputable virtual offices sites? Or does your EBook share those tips? Thanks.

  • @semarie5465
    @semarie5465 Год назад +1

    First thank you for this video! CP information please.

  • @mapayne911
    @mapayne911 Год назад +39

    FYI virtual offices in transportation will get you blacklisted by brokers. They will see you as a double broker.

    • @Londondagans
      @Londondagans  Год назад +6

      Interesting 🤔

    • @iyaiya9819
      @iyaiya9819 Год назад +1

      More info please. I’m about to go into it

    • @reyc8989
      @reyc8989 Год назад +1

      Explain brokers? What about with banks, lenders and creditors for vehicle loans??

    • @mapayne911
      @mapayne911 Год назад +3

      @@reyc8989 In trucking if you book a load with a broker and have a virtual address with DOT on your MC# you will not be used by a majority of brokers.

    • @mapayne911
      @mapayne911 Год назад +19

      Brokers use onboarding companies to vet carriers. These onboarding companies check your MC# with the DOT and if that MC# is registered to a known virtual address it will flag it as suspicious. Many double brokers use carrier MC# to get freight. They use virtual addresses to get these MC#. There is a place in WY that has over 200 MC# attached to it. My advice in transportation stay away from virtual addresses.

  • @ebonysin817
    @ebonysin817 Год назад +1

    Hey, I can't find the link to confirm if a business name is available... Please help! 😊

    • @Londondagans
      @Londondagans  Год назад +2

      The link is in the description or my ebook

  • @dominiqueportis1792
    @dominiqueportis1792 Год назад +1

    Thank you for all the gems yes people do this backwards. I knew that there was a lot of steps in between prior of getting an LLC, That is why business owners are saying don't worry about it until you actually start making money consistently to a point you have to start hiring. Then get the LLC.

  • @jobec8260
    @jobec8260 Год назад +1

    What's your recommended site to sign up for virtual office. Thanks in advance.

    • @Londondagans
      @Londondagans  Год назад +1

      Yes, Opus. I just uploaded a video explaining this. Please watch

  • @RealitiResearch
    @RealitiResearch Год назад +3

    Excellent video! I've seen a ton of videos on this, and there was a lot in yours' I haven't come across yet. 'Liked' and 'Subscribed'.

  • @theokenric
    @theokenric Год назад +1

    I thought banks didn’t approve virtual offices. Especially in California

    • @Londondagans
      @Londondagans  Год назад +1

      The virtue office approves and does not approve virtue addresses....a big difference

  • @driayoung710
    @driayoung710 Год назад +1

    My goodness of all the videos this one hands down is the 😊BEST. Going to download 😮😊

  • @Rudeboi4571
    @Rudeboi4571 Год назад +1

    @Londondagans brother got a quick ? Can I open up a business account at the same bank as my personal account is with as well

  • @dominiqueowens6075
    @dominiqueowens6075 Год назад +1

    CP please, talk about it! I’m interested

  • @macattack1209
    @macattack1209 Год назад +1

    Thank you for these gems! I really wish I saw this video before I created my LLC🤦‍♂️. Question: Is there a way I can go back and edit my LLC and change the way I originally set it up? If yes, how?Thank You🙏

    • @Londondagans
      @Londondagans  Год назад

      Thank you....and yes you can change the information

  • @SanMan10100
    @SanMan10100 2 месяца назад

    Good job man. Thank you for this. This is good stuff but why do I need both a virtual address and a registered agent? I guess the state doesn't send their notices to the virtual address? Huh?

    • @Londondagans
      @Londondagans  2 месяца назад

      A registered agent is used for legal documents

  • @etopfght
    @etopfght 8 месяцев назад +1

    Excellent Video! Thank you!

  • @Kenneth-y6j
    @Kenneth-y6j 4 месяца назад

    can i put Investments in my LLC name

  • @alana8905
    @alana8905 Месяц назад

    Any suggestion on "good" locations for the virtual address?

  • @NikolayPiter
    @NikolayPiter Год назад +1

    boss, this is a wonderful video, but i have a question: My LLC's name is Metropolitan City Management, or MCM LLC (as a short name, i do rental property management). I actually changed the name to MCM LLC, because i was told that the longer name could be harmfull in the subsequent funding search... or should i leave the longer one?
    Is it also high risk? Thanks
    6:32 - damn, now i learn that i should of establish LLC after that step.. wish i knew about your videos before😒 i will sign up for your coach programs, glad you have it, thanks😊
    The last, but not least - PLEASE DO A CP VIDEO, LIKE YESTERDAY!

    • @Londondagans
      @Londondagans  Год назад +1

      Gratitude 🙏🏾…. MCM LLC is fine. Also, make sure you choose the right NAICS code

    • @NikolayPiter
      @NikolayPiter Год назад

      @@Londondagans welll, I think I did, but I’d rather arrange a consultation with you later to make sure ☺️

  • @edwinbetancourt3958
    @edwinbetancourt3958 Год назад +1

    S it possible to add information AFTER filing? As in changing or adding things to the public record?

    • @Londondagans
      @Londondagans  Год назад +2

      Yes, it is. You can change the information with your secretary of state

  • @daltonevans8442
    @daltonevans8442 Год назад

    So like nameestatesllc would flag? Also, why don't you want to make yourself the registered agent? Please explain.

  • @dantu5377
    @dantu5377 Год назад +1

    Would XXX Financial be okay as a business name? Setting up a LLC for day trading.

    • @Londondagans
      @Londondagans  Год назад +2

      I wouldn't recommend that name because the word financial high risk

  • @cathycarlton3241
    @cathycarlton3241 11 месяцев назад +1

    London, I have seen videos talking about also putting your LLC in a Trust. Should I form the trust first ? I would love to hear your thoughts and suggestions on this . Thank You .

    • @jeff31345
      @jeff31345 9 месяцев назад

      Never heard that. Forget you ever heard that.

  • @lovetteg4309
    @lovetteg4309 9 месяцев назад

    How do I fix the registered agent part on my LLC I just set it up 2 days ago. I have everything else on point except the registered agent

    • @Londondagans
      @Londondagans  8 месяцев назад

      File an amendment with your state

  • @AuthenticallybeingAva
    @AuthenticallybeingAva 10 месяцев назад +1

    Great info❤ thanks so much!!

  • @Mschristinadeanne
    @Mschristinadeanne Год назад

    What if I did everything right expect have my NAICS code. 😮‍💨😩🙄 & I’ve already registered my LLC. Two weeks ago. I literally have everything, email, 1-800#, website, correct LLC name for consulting and virtual address. 😅 now what? I definitely seen other business ppl say get it but I didn’t understand it at the time.

    • @Londondagans
      @Londondagans  Год назад

      You want to start adding financial tradelines to your business credit profile

  • @ShanReactsTV
    @ShanReactsTV 3 месяца назад

    What virtual office

  • @carolynhall2504
    @carolynhall2504 Год назад +2

    CP

  • @chrisprice9151
    @chrisprice9151 Год назад +3

    Thanks you I really needed to know this!!!

  • @Rudeboi4571
    @Rudeboi4571 Год назад +1

    Great info straight direct no coating so I got llc in trucking an it an it says company name/ trucking llc is that high risk for me cause now I’m looking for the funding point me in the right direction

    • @Londondagans
      @Londondagans  Год назад +1

      Thank you for the feedback.
      You may keep it. It just depends on how far you are with the process

  • @MiraflorInvestments
    @MiraflorInvestments 10 месяцев назад

    Which one has better shot getting a loan using UPS address or virtual address?

  • @Ummnowtfc
    @Ummnowtfc Год назад +1

    Should you file your ein and Dunn number first too ?

    • @Londondagans
      @Londondagans  Год назад +1

      No, you can file those after filing LLC

  • @DonDodda9743
    @DonDodda9743 11 месяцев назад +1

    C p

  • @baronismith2370
    @baronismith2370 11 месяцев назад

    The business name I decided to use is called CHROME BOSS PARTY RENTAL ENTERTAINMENT LLC is that a good name to use yes or no

    • @Londondagans
      @Londondagans  10 месяцев назад

      High risk

    • @Jo-ck2hu
      @Jo-ck2hu 7 месяцев назад

      How about Chrome LLC? Look around you and the businesses you know. Does their name relate to what their business is? NO. Think about it, Publix would you know it was a supermarket based on the name? Amazon would you know what it was from it's name? NO! Follow the pattern

  • @danuncooper8731
    @danuncooper8731 9 месяцев назад

    How do you choose a code though. So I’m in the hair business and I had choose a new name for my business. My business been inactive and I’m trying to go to the Secretary of State to change my business name. For a hair business wig business what code will fit my business. Also for a virtual address isn’t it the same as a physical address. When I started I register my business, I got a registered agent , a business address had to fill out a form 1583 but I never further it to get a business credit line.

  • @mindresetjourney
    @mindresetjourney Год назад +1

    Hi London, glad I found you. I have the naic code for consulting. Is the word equity in my name high risk? I'll use your llc link. Thanks

    • @Londondagans
      @Londondagans  Год назад +2

      It could be because it's associated with investing

    • @mindresetjourney
      @mindresetjourney Год назад

      @@Londondagans I used ventures instead :) Got a ways to go with getting the virtual office, # etc. I'll come back to your link. Plus, I have to work on personal credit as well. Peace, Shay

  • @danuncooper8731
    @danuncooper8731 9 месяцев назад

    I have a question I’m in the hair business and I just search up my NAIC code and I want to know when does the NAIC code come in use .Will bank ask me for it when I want to get a stated income or what. Right now I’m in the process of rebranding my business and doing all these steps. The steps you mention I did it exactly in those order , I just have to reactive my business .
    Also so you need to have a business address a physical business address and a virtual address too. For a virtual address can it be use to meet client come see you for business related wise

  • @sidshri6080
    @sidshri6080 8 месяцев назад

    Thanks Fam, can we use the same Virtual Office address for multiple LLCs saving on rent?

  • @ItsFenol
    @ItsFenol 8 месяцев назад

    CP asap. This is my first time watching your videos, so I'm not sure if you've already made one .

  • @yisraelkaalidbey700
    @yisraelkaalidbey700 2 дня назад

    CP

  • @Standonbiz1
    @Standonbiz1 4 месяца назад

    Do I need an operating agreement if I am a single member LLC?

  • @latisha9735
    @latisha9735 9 месяцев назад +1

    I Great video! I needed this!

  • @bikelifeb3305
    @bikelifeb3305 3 месяца назад

    What about if you’re using a virtual postal service?

  • @BTBBMfredknight
    @BTBBMfredknight Год назад

    Great pointers my company BTBBM INC are on the same mission but a different level but the combination would be 💪👑s

  • @Mojojojo335
    @Mojojojo335 9 месяцев назад

    If the business that I wanna start is things like ATM business, vending machine, business and investments like that that produce passive income, how would I go about creating a business name and a business website and all that stuff because it’s not like a service base business to where I can make a website like lawn care or consulting

  • @dennisjones1729
    @dennisjones1729 6 месяцев назад

    Hello. What if you have to add virtual address after you have a LLC. and long would it take?

  • @travisharrison2846
    @travisharrison2846 9 месяцев назад

    So if my biz is set up incorrectly Is it better to restructure it or start a new biz?

    • @Londondagans
      @Londondagans  9 месяцев назад

      How old is the business and have you applied for business credit?

  • @SandyParker-c1z
    @SandyParker-c1z Год назад +1

    CP is a good topic.Thanks

  • @ROWDYBOYJR
    @ROWDYBOYJR 7 месяцев назад

    how do you go about using the virtual address for your EIN , i wasnt able to use the virtual address.

  • @31dtakeover79
    @31dtakeover79 5 месяцев назад

    What type of virtual office do I need?

    • @Londondagans
      @Londondagans  5 месяцев назад

      I recommend Opus, check my link in the description for $100 discount

  • @josephthomasbailey3918
    @josephthomasbailey3918 6 месяцев назад

    Well, I filed my llc b4 i saw this vid, can you do a vid for those of us veterans who filed first b4 seeing this vid

  • @yvonneharding
    @yvonneharding Год назад

    I am requesting CP explanation video, Thank you, London in advance!

  • @sweetkk101
    @sweetkk101 Год назад +1

    CP!!

  • @Ripberniemadoff
    @Ripberniemadoff Год назад +2

    Very informative appreciate it

  • @trevoropperman389
    @trevoropperman389 11 месяцев назад +1

    CP video would be so helpful! Great videos as always

  • @mcmontgomery5161
    @mcmontgomery5161 Год назад +1

    Make a video about CP.

  • @Prettybossy
    @Prettybossy Год назад +2

    Yes very much needed information love it

  • @rodneyjones4763
    @rodneyjones4763 Год назад +2

    a new subsciber right here. you are the first that gave step ny stap info

  • @TawaynaJackson
    @TawaynaJackson Год назад

    If I'm operating a candle & accessories LLC, Do I need to add consultant or Management to the business name in order to get funding? I don't want to be limited to selling only candles as I grow; I want to be able to branch out into similar areas as I produce new creative products. The business name I chose is currently available in my state but I'm concerned if it will hinder funding because I need to add to it to get funding in the future.

  • @republic1843
    @republic1843 9 месяцев назад +1

    Thanks for the info!

  • @alexiatheo-harry1376
    @alexiatheo-harry1376 Год назад +1

    Great straight forward information

  • @marleysan757
    @marleysan757 11 месяцев назад +1

    Exactly what I needed !

  • @jazminborges248
    @jazminborges248 Год назад +1

    Thanks for the content I put land and homes on my new LLC I guess I'm already considered high risk? Wish I would have seen your video earlier...

    • @HowToLoseWeightDaily
      @HowToLoseWeightDaily Год назад

      never ever put real property into business entities ughhhhh !!!

    • @michellecandis
      @michellecandis Год назад +1

      either cancel it or do a name change... asap no need for an uphill battle...

  • @eblackdiamond19
    @eblackdiamond19 10 месяцев назад

    I help turning my business around ! ASAP

  • @josuajones7490
    @josuajones7490 4 месяца назад

    CP Please!