Moving into an 11 000 square foot facility he has crossfit apar next level youth performance training and on the geaux fitness a private fitness company run by melissa cantrell all under one roof.
How to structure multiple businesses under one roof examples.
Liability risk could be larger all liability under one roof non separate finances and books could be confusing.
The library the dining room the smoking lounge etc.
First of all you need to select a name for your business.
Create one corporation llc and have multiple dbas under the main corp llc might be best for me.
Keeping with the previous example you may have an llc.
Use one llc to run both businesses.
Easy to test business models products offerings etc.
Let s take a look at three popular ways to structure multiple businesses and explore how each scenario works.
Initially simpler but not if things grow lower costs one articles of organization and one llc annual report cons.
Running multiple businesses under one llc.
Under this name you start registering your businesses according to your ideas.
How to structure multiple businesses under one roof.
However it is not suggested different businesses can be floated at a time and it should be gradually one aft.
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.
I already have an llc for my event planning company.
I am looking to branch into other business ventures unrelated to event planning.