How To Structure Multiple Businesses Under One Roof Australia

By holly magister cpa cfp.

How to structure multiple businesses under one roof australia.

The most common business structures for multiple business ventures are operating as. Final thoughts on multiple businesses under one llc. When one or more products or services are symbiotic or fit naturally with one another the sub brand or brand extension will often work. I am looking to branch into other business ventures unrelated to event planning.

How to structure multiple businesses under one roof. A sole trader under multiple business names. I already have an llc for my event planning company. In part one of this series we discussed the various options to incorporate multiple businesses while keeping each business as a separate entity.

Keeping with the previous example you may have an llc. I was reading the article how to set up and structure multiple businesses and i believe that option 2 option 2. For any business structuring questions contact legalvision s business lawyers on 1300 544 755 or fill out the form on this page. 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.

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. One company with multiple business names. How to structure multiple businesses under one roof.

Just forming multiple companies don t make brands that sell. 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.