How To Structure Multiple Businesses Under One Roof Australia

I am looking to branch into other business ventures unrelated to event planning. When one or more products or services are symbiotic or fit naturally with one another the sub brand or brand extension will often work. 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.

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One company with multiple business names.

How to structure multiple businesses under one roof australia.

Even within this structure there are a few ways to further. Just forming multiple companies don t make brands that sell. In part one of this series we discussed the various options to incorporate multiple businesses while keeping each business as a separate entity. I was reading the article how to set up and structure multiple businesses and i believe that option 2 option 2.

A sole trader under multiple business names. Well if you are not satisfied with the answer then you will need to deep dive. For any business structuring questions contact legalvision s business lawyers on 1300 544 755 or fill out the form on this page. Final thoughts on multiple businesses under one llc.

By holly magister cpa cfp. Create one corporation llc and have multiple dbas under the main corp llc might be best for me. How to structure multiple businesses under one roof. It s worth noting that having a separate legal business entities can be costly when it s time to file your taxes.

How to structure multiple businesses under one roof. The most common business structures for multiple business ventures are operating as. Setup a group company and make it the parent of all companies you want under the same umbrella brand. 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.

Keeping with the previous example you may have an llc. I already have an llc for my event planning company. 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.

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