How To Structure Multiple Businesses Under One Roof Australia

When one or more products or services are symbiotic or fit naturally with one another the sub brand or brand extension will often work.

How to structure multiple businesses under one roof australia.

A sole trader under multiple business names. Just forming multiple companies don t make brands that sell. I already have an llc for my event planning company. How to structure multiple businesses under one roof.

I was reading the article how to set up and structure multiple businesses and i believe that option 2 option 2. Keeping with the previous example you may have an llc. In part one of this series we discussed the various options to incorporate multiple businesses while keeping each business as a separate entity. One company with multiple business names.

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. Create one corporation llc and have multiple dbas under the main corp llc might be best for me. 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. By holly magister cpa cfp.

Final thoughts on multiple businesses under one llc. Well if you are not satisfied with the answer then you will need to deep dive. It s worth noting that having a separate legal business entities can be costly when it s time to file your taxes. Setup a group company and make it the parent of all companies you want under the same umbrella brand.

While running multiple business ventures under the umbrella of an existing llc offers a degree of simplicity and avoids multiple business formation fees the matter of liability risk to the business and business owners is something to. How to structure multiple businesses under one roof. Even within this structure there are a few ways to further.