|Working out details in advance |
can help avoid future struggles!
I would suggest adding a tenth item: Hire an attorney to prepare the LLC operating agreement. It is very easy to download a free operating agreement, however crucial details might be overlooked and interpreted differently.
For example, I had a client that wanted to leave an LLC and had more than one challenge from the former business partner about using a business name. Said name happened to be the departing business owner's name and long-time individual business name, even though the LLC was named something totally unrelated.