Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership.
Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
Speaker 1: Under President Trump, attempted illegal border crossings are at the
Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
Speaker 1: aliens have been arrested. If you are here illegally, your
Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
Speaker 1: and deported.
Speaker 2: You will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed to return legally.
Speaker 2: Do what's right. Leave now.
Speaker 1: Under President Trump, America's laws, border and families will.
Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
Speaker 4: Now again, when you're filling out paperwork, they're gonna ask
Speaker 4: you some questions about some members and you'll be like, what,
Speaker 4: remember who, Well, here we go in a member managed LLC.
Speaker 4: So that you know the difference. The owners have collective
Speaker 4: control over the company's decisions, Okay. A manager managed LLC
Speaker 4: places management authority in the hands of a professional manager
Speaker 4: or one or more of the elected members. Okay. So
Speaker 4: this choice goes to the heart of the company and
Speaker 4: it goes into the day to day operations of it.
Speaker 4: So it's a good idea to consult an attorney. Right,
Speaker 4: if you're not sure, always go back and consult an attorney. Okay,
Speaker 4: just so that you're putting yourself in a place where
Speaker 4: you can win. You don't want to start out and
Speaker 4: then put some stuff on it and you got to
Speaker 4: go back and correct some mistakes and you like, ugh,
Speaker 4: I gotta file papers with this state and do this
Speaker 4: with that. Okay. So another key feature of a manager
Speaker 4: managed company is that you can appoint either the owner
Speaker 4: or a member or an outside professional manager or management
Speaker 4: company to be the decision maker for the business. Now,
Speaker 4: this can be relevant if you have investors in your company,
Speaker 4: right and they want like a backseat role. They don't
Speaker 4: want to be upfront, they don't want to make decisions,
Speaker 4: they don't want to have all the responsibilities. Maybe they
Speaker 4: just gave you the money and you're going to pay
Speaker 4: them or whatever, and now you have to do all
Speaker 4: the work. Okay, So they could just simply take a
Speaker 4: pass and let somebody else do all the hard work,
Speaker 4: and that person probably is gonna be you. All right,
Speaker 4: be careful you know who you elect to be in
Speaker 4: this position, because they have control over everything, over the finances,
Speaker 4: over all the legal matters, signing contracts, buying assets like property,
Speaker 4: and hiring employees. Okay, So definitely make sure that when
Speaker 4: you're structuring this out you think about all those things.
Speaker 4: Elect somebody who you trust or company that you know.
Speaker 4: You designating this role. Make sure that you do your
Speaker 4: due diligence on these people. Because they're making somebody buy
Speaker 4: some property and I don't know nothing about it, and
Speaker 4: I'm one of them people. I'm gonna be looking at
Speaker 4: myself crazy. Okay, don't be a person. Make sure that
Speaker 4: you put people in place who you trust, do your
Speaker 4: due diligence. Again, if needed, consult an attorney about how
Speaker 4: you should set up your company's management style. All right.
Speaker 4: So LLCs must have a registered agent and the state
Speaker 4: they plan to file. So if you're planning to file
Speaker 4: in you tall. I know it's random but stick with me.
Speaker 4: Your registered agent must file in you tall. If you're
Speaker 4: filing in Washington state, Yep, you guessed it. Then you
Speaker 4: must have a registered agent in Washington. Okay. Now, because
Speaker 4: you need this when you file your articles of organization.
Speaker 4: You need this information when you're filing your articles of organization.
Speaker 4: You need to secure your registered agent before you can
Speaker 4: put this on your paperwork. Okay, So don't fill out
Speaker 4: the paperwork and then get to that spot and you're
Speaker 4: sitting there looking goofy like, yeah, I don't know who
Speaker 4: that is. Have that done first and then add that
Speaker 4: to your paperwork. Okay. Now, the role of a registered
Speaker 4: agent is to receive legal and or official documents for
Speaker 4: your company during the business business hours. All right. Now,
Speaker 4: you may accept this role. You can swear yourself into
Speaker 4: this role, right because some people do it, especially if
Speaker 4: their business is in the same city I'm sorry, the
Speaker 4: same state that they're in. They elect to be this person,
Speaker 4: or you can hire professional services to do this. Now,
Speaker 4: if you take on this role, it doesn't cost you anything.
Speaker 4: It's free for you to serve in this capacity. However,
Speaker 4: if you are hiring a service, obviously you got to
Speaker 4: pay them some coins. Okay, So it's something to think about.
Speaker 4: Some people are like, yeah, I want to go to
Speaker 4: a state where I gotta pay little texes. That's good,
Speaker 4: but you know, you gotta have a registered agent, especially
Speaker 4: if you're not in that state, and they and then
Speaker 4: and then and then you gotta pay some money. Okay.
Speaker 4: So just things things to think about, right. You know,
Speaker 4: remember if you're starting your business in another state, again,
Speaker 4: gotta have your registered agent in that state.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan.
Speaker 2: These are just.
Speaker 1: Some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership.
Speaker 1: I'm Christy Noman, the United States Secretary of Homeland Security.
Speaker 1: Under President Trump, attempted illegal border crossings are at the
Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
Speaker 1: aliens have been arrested. If you are here illegally, your
Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned.
Speaker 2: And deploy You will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed.
Speaker 2: To return legally. Do what's right. Leave now.
Speaker 1: Under President Trump, America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security.
Speaker 4: Texas, by the way, is very unique, right. I'm gonna
Speaker 4: just read something to you about their registered agents status
Speaker 4: and what it says, so excuse me. In Texas, for example,
Speaker 4: it states the following about registered agents. The registered office
Speaker 4: address must be located at a street address where service
Speaker 4: of process may be personally served on the entities registered
Speaker 4: agent during normal business hours. Although the registered office is
Speaker 4: not required by the entity's principles, you know, place of business.
Speaker 4: The registered office may not be solely a mailbox service
Speaker 4: or a telephone answering service. So you got to have
Speaker 4: a real person to be sitting there, don't business hours, okay,
Speaker 4: and ready and LLC is required to maintain a registered
Speaker 4: agent and a registered office address in Texas. If the
Speaker 4: registered agent or registered office address changes, it's important to
Speaker 4: follow a statement. Now, we got to talk about statements, okay,
Speaker 4: with the Secretary of State to affect a change of
Speaker 4: the certificate of formation. Still, to maintain a registered agent
Speaker 4: and a registered office may result in an involuntary termination
Speaker 4: of your LLC. I'm not playing with nobody, so y'all
Speaker 4: better not play with them. Okay. I make lots of
Speaker 4: jokes and I take light to a lot of stuff,
Speaker 4: but this is big on serious, okay. And if you
Speaker 4: want to read more about Texas, because we do have
Speaker 4: Texas people out there, I can drop that the link
Speaker 4: where I got this from inside of the study hall.
Speaker 4: Now this is just one example, okay, So make sure
Speaker 4: that you read the requirements of your state I cannot
Speaker 4: stress it enough. Make sure that you read it. And
Speaker 4: if you like me and you got a problem, get
Speaker 4: a string or something and put it around your finger
Speaker 4: like that right that way, when you go to start
Speaker 4: clicking on stuff, you already know that you got to
Speaker 4: take your time and read some things. Okay, that's just
Speaker 4: how my brain is set up, all right. Another thing
Speaker 4: that you're gonna need they're gonna ask you is, oh well,
Speaker 4: the duration of formation that lets you state how long
Speaker 4: that you plan to be in business. It could be
Speaker 4: one year, two years, ten years, or if you plan
Speaker 4: on being a business for AVI. Okay, they're gonna ask you.
Speaker 4: So you need to make sure that you put that
Speaker 4: on this form. Don't skip that all right. Now, Many
Speaker 4: people choose not to set up, you know, the formation
Speaker 4: of their business themselves, and that's okay, because if you
Speaker 4: don't have the time, if you ain't got the patience,
Speaker 4: or if you ain't got to bring with all, you
Speaker 4: got to put some strings on your finger to remember stuff.
Speaker 4: That's totally fine. So whoever forms let me pullum listen.
Speaker 4: Whoever forms your articles, right, whoever forms the business and
Speaker 4: files you know, the articles of organization will need to
Speaker 4: be named on your LLC as the organizer. So if
Speaker 4: you don't set this up with the state and somebody
Speaker 4: else does it for you, they will be listed as
Speaker 4: the LLC's organizer, right because somebody needs to be responsible
Speaker 4: for putting all this together. So basically, who fouls you know,
Speaker 4: fills out the form and submit it for you. That's
Speaker 4: that's all that person is. Okay, and I'm gonna show
Speaker 4: you a free service to get that done. You can
Speaker 4: do this yourself again, or you can hire somebody. Okay,
Speaker 4: it's totally up to you. Now there are whole companies
Speaker 4: out there just waiting to submit these documents on your behalf. Okay,
Speaker 4: So if you can learn to do this work, you
Speaker 4: can actually offer it as a service. Right, So if
Speaker 4: there's companies out there that are offering this as a service,
Speaker 4: you don't have to have seven different streams of income.
Speaker 4: You can take this one business and make this an
Speaker 4: offering as a stream of income if you perfect this,
Speaker 4: you know, setting up LLCs and things like that. People
Speaker 4: do this all day long. Okay, so monetize what We're
Speaker 4: gonna monetize everything. Okay, you definitely could do this. All
Speaker 4: you gotta do is read and if you don't feel
Speaker 4: like reading, your brain is scattered a little bit like mine,
Speaker 4: Just tyler string around here like so and then get
Speaker 4: yourself together. Okay.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J.
Speaker 2: Trump's leadership. I'm Christy Noman, the.
Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
Speaker 1: illegal border crossings are at the lowest levels ever recorded,
Speaker 1: and over one hundred thousand illegal aliens have been arrested.
Speaker 1: If you are here illegally, your next you will be
Speaker 1: fine nearly one thousand dollars a day, imprisoned and.
Speaker 2: Deported, you will never return.
Speaker 1: But if you register using our CBP home app and
Speaker 1: leave now, you could be allowed.
Speaker 2: To return legally. Do what's right. Leave now.
Speaker 1: Under President Trump, America's laws, border and families will be protected.
Speaker 3: Sponsored by the United States Department of Homeland Security,