Kid Investment - California LLC - Things you wish you knew

Dear Community,

 

I am thinking to start an LLC to provide services (consulting) registering in California while i am currently employed full-time. I have checked with the company to ensure there is no conflict of interest and check list.

 

Intent:

1. To pay my kid up starting this year to work in the business tax-free for the future compound growth. Reference: https://www.oberlanderandco.com/insights/kids-on-payroll

 

Question:

1. What is the best resources that you guys would recommend to start LLC

2. Are there any tips you experienced and wish you knew you can share?

 

Thanks ❤️❤️❤️❤️❤️