So I finally got the LLC approved last week. I thought I'd feel relieved, but honestly I'm just staring at the paperwork wondering what the hell to do next. I have the certificate, an EIN, and a business bank account. But like... what now? Do I need a website? Insurance? A logo? I run a small handyman service out of my truck. I know I need to actually get customers, but I feel like I'm missing some crucial first step that everyone else knows about. Any pointers would be appreciated.
LLC Setup
I didn't know where to start once the LLC was official
First thing, make sure your business bank account is actually separate from your personal. You said you have one, but double-check there's no accidental mixing. That's the #1 thing that kills the liability protection.
Get liability insurance before you take on any job. If you damage someone's property or someone gets hurt, the LLC won't protect you from a lawsuit if you're personally negligent. A basic general liability policy is usually pretty cheap for handyman work.
Agree with the insurance comment. Also check if your state requires a business license or a contractor's license for handyman services. Some states are weird about what you can and can't do without a specific license. Might not apply to you but worth a quick look.
Honestly, you don't need a website or logo right away. You need customers. A simple Google Business Profile and a phone number are enough to start. Don't spend weeks on branding when you could be quoting jobs.
What did you do for your EIN? I'm in the same boat but haven't filed for one yet. Did you do it online?
I did it online on the IRS site. Took like 10 minutes. Got the nmber immediately.
This might sound dumb but look into a separate business phone line. Even a cheap prepaid phone. You don't want your personal number plastered all over ads and then get calls at 9pm from people wanting a quote.
i'd suggest setting up a simple accounting system now, before you get busy. Even just a spreadsheet where you track income and expenses. Come tax time you'll thank yourself. And set aside money for taxes because you're self-employed now - no one is withholding for you.
Also keep your business documents in one folder. Certificate, EIN letter, bank statemets, insurance policy. If you ever need a loan or get audited, having it all together saves a lot of headache.
One more thing - if you're doing handyman work, make sure you have a written contract or at least a clear estimate you both sign. Doesn't have to be fancy. Just something that says what you'll do and what you'll charge. Protects you both.
Not sure if this applies, but some HOAs or property managers might ask for a W-9 before they pay you. Good to have one ready.
You're overthinking it. Get a magnet for your truck, put your number on it, and startt handing out cards. Everything else can come later.
I agree with PlutoIsABird. The paperwork feels overwhelming but most of it isn't urgent. Insurance is the only thing I'd do before your first jobb. The rest is just good habits.
This is all really helpful, thanks. I think I was getting caught up in the stuff that doesn't matter yet. I'm going to call an insurance agent tomorrow and look into a cheap business phone line. The spreadsheet idea makes sense too. Appreciate the reality check.