Form an entity and obtain an EIN before banking

Practice the sequence you already learned for “Form an entity and obtain an EIN before banking” until the order feels automatic. Practice formation order from startup-counsel training. The bank account is not opened, and equity is not issued, until the filing is accepted and the EIN is in hand.

1. Choose the entity type.
2. Choose the state of formation.
3. File the formation document and obtain the stamped copy.
4. Adopt the initial consent or bylaws.
5. Apply for the EIN in the entity's legal name.
6. Open the bank account with those documents.
7. Do not issue equity before the stamped filing and EIN are in hand.
8. Do not mix personal and business funds until the paperwork catches up.