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If I Have Multiple Businesses, Do They Need Separate LLCs?
Episode 787

If I Have Multiple Businesses, Do They Need Separate LLCs?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design · Pat Flynn

January 25, 201710m 52s

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Show Notes

Today's question comes from Jacob, who asks about business structure. Should multiple businesses operate under the same LLC, or should each business have a separate legal entity? The first business I started is Green Exam Academy (formerly called In the LEED; http://www.greenexamacademy.com/). My original LLC is Flynndustries LLC. The other LLC I discuss in depth is related to the Smart Podcast Player (http://smartpodcastplayer.com). My account is Dave from Profitwise Accounting (http://www.profitwiseaccounting.com). Do you have a question about your business structure? Record it at http://www.askpat.com/.

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Topics

accountingbusiness structure llcgetting startedpartnershipssmall businesslimited liability companypassive incomelegalbusinessmarketingbusiness strategyonline entrepreneurshipbusiness advicepodcasting