Download Article
Download Article
When it comes to businesses, not even the sky is the limit—you can have as many business entities as you want. But if you have several businesses going, it can be difficult to manage all of them effectively. One way to simplify your businesses is by organizing them all under one LLC. Done right, this can simplify your legal and financial paperwork so you can focus on actually running your businesses—but the set-up process can get a little tricky. Here, we've compiled answers to some of your most common questions about operating multiple businesses under one LLC roof. [1] X Research source
Steps
Expert Q&A
Ask a Question
200 characters left
Include your email address to get a message when this question is answered.
Submit
Advertisement
Tips
- Check registration requirements for every state and county where you operate your business. If you operate in multiple states, it's a good idea to hire a business attorney to make sure you're registered everywhere you need to be.Thanks
- If you're not sure what structure would work for your businesses, talk to an accountant. They can run through the financial and tax implications of different structures so you can choose the one that best suits your needs.Thanks
Submit a Tip
All tip submissions are carefully reviewed before being published
Name
Please provide your name and last initial
Thanks for submitting a tip for review!
Advertisement
Warnings
- This article applies to LLCs in the US only. If your LLC is organized in a different country, different regulations might apply. Consult an attorney who specializes in business organization.Thanks
Advertisement
References
- ↑ https://www.entrepreneur.com/article/277964
- ↑ https://www.entrepreneur.com/article/277964
- ↑ https://fundsnetservices.com/multiple-businesses-under-one-llc
- ↑ https://www.entrepreneur.com/article/277964
- ↑ https://www.llcuniversity.com/multiple-businesses-under-one-llc/
- ↑ https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/november-2019/guide-to-dbas.html
- ↑ https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/november-2019/guide-to-dbas.html
- ↑ https://www.llcuniversity.com/multiple-businesses-under-one-llc/
- ↑ https://www.accountingtoday.com/opinion/how-to-structure-multiple-businesses
- ↑ https://www.investopedia.com/terms/h/holdingcompany.asp
- ↑ https://www.irs.gov/businesses/small-businesses-self-employed/do-you-need-a-new-ein
- ↑ https://fundsnetservices.com/multiple-businesses-under-one-llc
- ↑ https://www.accountingtoday.com/opinion/how-to-structure-multiple-businesses
- ↑ https://www.accountingtoday.com/opinion/how-to-structure-multiple-businesses
- ↑ https://www.entrepreneur.com/article/277964
About This Article
Thanks to all authors for creating a page that has been read 92,432 times.
Advertisement