Randall klein ea on how to structure multiple businesses under one roof.
How to structure multiple businesses under one roof examples.
Randall klein ea on tips for expediting the sale of your small business.
I am looking to branch into other business ventures unrelated to event planning.
The library the dining room the smoking.
However it is not suggested different businesses can be floated at a time and it should be gradually one aft.
Let s take a look at three popular ways to structure multiple businesses and explore how each scenario works.
One way to structure your multiple business ventures is to form a single company and register as many fictitious names also called doing business as names or dbas as you need.
Think of it as owning one big house and inside the house you have many different rooms each with their own name.
How to brand multiple products under one business.
In part one of this series on branding i covered three types of sub brand architectures that work well when there s a certain level of brand loyalty to an established pre existing brand.
Another common option is to file one llc or corporation and then set up multiple dbas doing business as for each of the other ventures.
Keeping with the previous example you may have an llc.
Even within this structure there are a few ways to further slice and dice.
Use one llc to run both businesses.
Create one corporation llc and have multiple dbas under the main corp llc might be best for me.
First of all you need to select a name for your business.
Ray barbosa on how to structure multiple businesses under one roof.
How to structure multiple businesses under one roof.
Under this name you start registering your businesses according to your ideas.
I already have an llc for my event planning company.