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As a business owner, managing marketing and operations can be overwhelming, but you must prioritize filing your LLC's annual report. This report is a detailed account of your business's activities over the previous year and is required by most states either on a specific date or the anniversary of your articles of organization. Some states only ask for these documents every two years, known as a biennial report, and they typically apply to legal business entities, excluding sole proprietorships and partnerships. To understand your state's requirements and deadlines, check with your secretary of state. Common contents of an annual report include your business name and location, as well as the names and addresses of all LLC members and managers.
