We want to start several businesses. Is it better to set up a separate LLC for each business focus or to create a holding company with several subsidiaries?
By Nina Kaufman
Opinions expressed by Entrepreneur contributors are their own.
Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.
Want to be an Entrepreneur Leadership Network contributor? Apply now to join.
Editor's Pick
-
3 Things Your Business Idea Must Have to Succeed — as Proven By Famous Harvard Business School Startups
-
This Couple Cashed in Their 401ks to Launch a Virtual Business — Here's How It Led to a 9-Figure Exit and Co-Owning 2 Professional Soccer Teams
-
The No. 1 State to Retire in Might Not Even Be on Your Radar, According to a New Report
-
Use These 3 Steps to Find the Perfect Franchise Opportunity for You
Side Hustle
These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue
Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.
Leadership
How to Break Free From the Cycle of Overthinking and Master Your Mind
Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.
Business Solutions
Improve Workflow with Advanced Diagramming for $20
This is the last day you can get Microsoft Visio 2021 Professional or Project Pro for Windows for only $20.
Business News
Disney Is Laying Off 14% of Pixar's Workforce, Cutting Original Content: 'We Lost Some Focus'
The job cuts had been anticipated since January.
Franchise
School of Rock Taps Latin America Master Franchisor for United Kingdom Expansion
The music educator is taking a new step in its international expansion with a master franchise agreement in the UK — and a familiar face is leading the venture.
Growing a Business
I Thought I Was Resilient, Until a Devastating Loss Showed Me Resilience Is Not Something You Just 'Have'
It's something you build.
