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How to Set Up and Maintain Your Business Entity Don't believe anyone who says an LLC is simple.

By Mark J. Kohler

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Mark Kohler discusses the importance of setting up your business entity properly.

"It's not just one sheet of paper. [It's not just] online, click, click, click, I've got my LLC . . . . You need to have bylaws, or an operating agreement. You need to have minutes and a corporate book -- and that's even with an LLC."

Click play to see how proper financial preparation can save you from headaches later.

Watch more videos from Mark J. Kohler on his YouTube channel.

Related: How to Double Your Desired Income In the Next 6 Months

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical and provides partners with distribution on Entrepreneur.com as well as our apps on Amazon Fire, Roku and Apple TV.

Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney and CPA

Mark Kohler, M.PR.A., C.P.A., J.D., is a highly respected Founding and Senior Partner at KKOS Lawyers, specializing in tax, legal, wealth, estate, and asset protection planning. With a reputation as a YouTube personality, best-selling author, and national speaker, Kohler is dedicated to guiding clients through complex legal and financial landscapes to achieve their American Dream. He also serves as the co-founder and Board Member of the Directed IRA Trust Company and has launched the Main Street Certified Tax Advisor Program to train CPAs and Enrolled Agents nationwide. As the co-host of The Main Street Business Podcast and The Directed IRA Podcast, he simplifies intricate topics like legal and tax strategy, asset protection, retirement, investing, and wealth growth. Mark Kohler's commitment to helping entrepreneurs and small business owners attain success and financial security has made him a trusted expert in the field, benefiting countless individuals and businesses in navigating the financial and business world with confidence.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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