I know exactly what I need to do to expand the business and grow in profitability; however, I hate this industry…I don’t want to just “give up” when the company could be successful, but I can’t stand this industry…
A lot of people think that success leads to happiness, but I think it goes the other way around. If there’s no emotional payoff to you, it’s much harder to invest yourself into your business. That, in turn, lowers your chances of success.
Life is short. If you hate what you’re doing, stop.
Find something that’s meaningful, that’s inherently motivating, and that would help give you the life you want. From what you’ve said in your OP, what you’re doing now isn’t any of that. Go do something that is.
Set up your bank account and bookkeeping software (preferably online, so it syncs with your bank records) before you open your business. Find a good accountant who works with small business. Meet with them at least once before you open. Take their advice about tax filing, opening a retirement planning (SEP IRA or whatever), etc.
Insurance is a big deal. Your landlord will require it, and many insurance brokers will be reluctant to give you a policy because your LLC is new. Ask other small business owners who their insurance broker is. Be prepared to try with several before you get one that gives you a policy that fits your requirements and doesn’t make you broke.