An operating agreement is the internal rulebook for your LLC. It spells out who owns what, who makes decisions, how profits are divided and what happens if things go sideways. Think of it as the ...

Incorporation is the legal process of forming a corporation—a separate legal entity that exists independently of its owners.

To set up an LLC in Ohio, you’ll register your business with the Ohio Secretary of State. You’ll pay a minimum of $99 to form your business, which is the cost of filing your articles of organization.

To set up an LLC in Florida, you’ll need to go through the Department of State’s Division of Corporations. At minimum, it will cost you $125, which is the fee to file your articles of organization and ...