How do I add a managed company in LastPass Business?

A LastPass Business account that has been converted to a Managed Service Provider (MSP) account allows LastPass admins (MSP technicians) to add and manage multiple companies (individual LastPass Business accounts) all from within a primary account.

Log in to the primary account's LastPass Admin Console by doing either of the following:
- Select the active LastPass icon > Admin Console.
- Navigate to the new Admin Console at https://admin.lastpass.com/ and log in with your LastPass admin (MSP technician) email address and master password.
On the Home tab, select Managed companies in the left navigation.
Select Create managed company in the upper-right navigation.
Enter a name for the company, then select the amount of licenses you want to grant to the company.
Select Create.

Results: You have successfully added a managed company to your account.

What to do next: After you have added the company, as a best practice, add a local administrator.