Forming an LLC (Limited Liability Company) can be a powerful move for new digital entrepreneurs. It creates legal separation between you and your business—protecting your personal assets while adding credibility to your brand.

But here's the truth: you don't always need one right away. If you're testing ideas, making less than $500/month, or still validating your offer, starting as a sole proprietor might be enough. Still, once you're ready to claim your digital CEO status and scale? It's LLC time.

"An LLC can protect your personal assets from business debts and legal action, which is essential if you're selling products or working with clients." — U.S. Small Business Administration

Why Starting an LLC Might Make Sense (and When It Doesn't)

• Name Check: Search your state's Secretary of State website to ensure your name is available.

• Filing Fees: Expect $50–$200 depending on your state.

• Registered Agent: You can be your own agent, or hire a service like ZenBusiness or Northwest Registered Agent.
  

💡 Tip: Save your receipt! You'll need it for tax and banking purposes.

Step 1: Choose Your Name + File With the State

• What It Is: Your business's SSN—used for taxes, banking, and more.

• Where to Get It: Apply free at the IRS EIN Application Page

• Timeline: You get it instantly (unless you're international).
  Download the Free Boss Up Blueprint to clarify your idea, pick your offer, and map out your 30-day soft launch plan!

Step 2: Get Your EIN (Employer Identification Number)

Why? Mixing personal and business money is messy and risky. It could void your legal protection.

• What you need:

  • Your LLC approval document

  • Your EIN number

  • Two forms of ID

  Recommended Banks for Digital CEOs:

  • Relay Financial: Great for multiple money buckets and automation.

  • Novo: Creator-friendly and sleek.

  • Bluevine: Pays interest on balances.
    

  Get the Digital CEO Finance Tracker inside your FREE Boss Up Blueprint. Track income, expenses, and money habits in Notion.

Step 3: Open a Business Bank Account

• Address: Use your home, PO box, or a virtual business address (like iPostal1).

• Email: Go pro with MailerLite to manage your list, send automations, and create branded landing pages with ease.

• Phone: Use Google Voice or Quo for a separate biz line.

Step 4: Set Up Your Registered Address, Business Email + Phone

Depending on your state, you may need to:

• File an annual report

• Pay a renewal fee

• Collect sales tax on certain products/services

Always:

• Keep your finances separate

• Track income/expenses monthly

• Store your documents securely (Google Drive/Notion)

"Staying compliant includes annual reporting, fees, and sometimes state-specific taxes." — IRS: Starting a Business

Join The Starter Lab for accountability, feedback, and guided support inside our digital CEO community.

Step 5: Know the Basics of Staying Compliant

Before You Go...

Ready to boss up and launch your digital biz like a pro?

• Download your Free Boss Up Blueprint

• Read next: Business Bank Accounts for Creators

Your business deserves a strong foundation, this LLC guide is just the beginning.

Main Character Mode: ACTIVATED.

© 2025 Miss Manifest It All.
All rights reserved.
A brand owned and operated by ByNamaSasha LLC.

Home
Terms & Conditions Privacy Policy

Let’s Connect

Stay in the Know

Be the first to get clarity drops, launch tips, and digital money moves.