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4 Companies in 1?

Discussion in 'Business & Tax Advice' started by rodprv, Mar 17, 2013.

  1. rodprv

    rodprv Junior Member

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    Since I'm going to be acquiring an LLC pretty soon, I need to know if it's right for me.

    I have four businesses that I want to group within the LLC all with different names/brands.

    This could also be called a conglomerate(not sure)

    However, could I do this? I would I have to to out an LLC for each project? I'm trying to streamline the process, and if some projects(businesses) work and the other doesn't I still have the LLC but the brand I could just drop.

    Let me know your thoughts.

    I know I should focus on one thing, but I can't put all me eggs and efforts into one basket.
     
  2. burnett4congress

    burnett4congress Regular Member

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    You could have 1 LLC and run 4 different DBAs. It'd be a little cheaper.
     
  3. IMTopgun

    IMTopgun Jr. VIP Jr. VIP

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    Your strategy will work fine as long as none of the 4 companies has a chance of incurring any leagl liabilities that could affect the others. That would the same effect as putting "all your eggs in one basket".