Multiple Businesses Under One LLC (Is This Safe? Should You or Not?)

Multiple Businesses Under One LLC

If you have 2 businesses, you’re probably wondering whether you should operate multiple businesses under one LLC…

Or after successfully managing one LLC company, you would sometimes want to expand yourself into a second business venture while holding onto the first one.

This is especially true if you’ve caught the entrepreneurial bug and have several business ideas floating around in your head.

The question becomes…

can you operate several businesses under one LLC?

The simple answer is yes, you can operate multiple businesses under one LLC. However, just because you can do something doesn’t mean you necessarily should. By operating multiple businesses under one LLC, you expose one business’s liability onto the second business. So be careful about doing this.

Before you make a decision, if you have any questions about this, email me sam@mollaeilaw.com to discuss your current business and your future business ideas to determine whether operating multiple businesses under one LLC is right for you.

 

How to Structure Multiple Businesses

Legally, you have three options for structuring multiple businesses.