How To Structure Multiple Businesses Under One Roof Australia

By holly magister cpa cfp.

How to structure multiple businesses under one roof australia.

It s worth noting that having a separate legal business entities can be costly when it s time to file your taxes. 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 already have an llc for my event planning company.

How to structure multiple businesses under one roof. A sole trader under multiple business names. I am looking to branch into other business ventures unrelated to event planning. 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.

Even within this structure there are a few ways to further. Well if you are not satisfied with the answer then you will need to deep dive. Just forming multiple companies don t make brands that sell. One company with multiple business names.

The most common business structures for multiple business ventures are operating as. 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. 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. When one or more products or services are symbiotic or fit naturally with one another the sub brand or brand extension will often work. For any business structuring questions contact legalvision s business lawyers on 1300 544 755 or fill out the form on this page.