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.

In part one of this series we discussed the various options to incorporate multiple businesses while keeping each business as a separate entity. Setup a group company and make it the parent of all companies you want under the same umbrella brand. The most common business structures for multiple business ventures are operating as. I already have an llc for my event planning company.

By holly magister cpa cfp. For any business structuring questions contact legalvision s business lawyers on 1300 544 755 or fill out the form on this page. 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.

How to structure multiple businesses under one roof. Final thoughts on multiple businesses under one llc. I am looking to branch into other business ventures unrelated to event planning. Well if you are not satisfied with the answer then you will need to deep dive.

Even within this structure there are a few ways to further. How to structure multiple businesses under one roof. 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. Just forming multiple companies don t make brands that sell.

Keeping with the previous example you may have an llc. It s worth noting that having a separate legal business entities can be costly when it s time to file your taxes. Create one corporation llc and have multiple dbas under the main corp llc might be best for me.