If I Have Multiple Businesses, Do They Need Separate LLCs?
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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Om Podcasten
I’m Pat Flynn, a regular guy who happens to be a successful online entrepreneur. You may know me from my other podcast, Smart Passive Income, which is consistently ranked as a #1 business podcast. I love hearing from my fans, and the opportunity to answer their questions was why I started the original AskPat podcast. After 1,000 very successful episodes, I’m making AskPat even better! AskPat 2.0 takes the AskPat template and goes deeper with a weekly coaching call between me and an entrepreneur just like you! I won't be able to coach everyone, but I'll do my best to feature entrepreneurs with questions other online business owners can relate to and learn from. If you’re stuck with your online business, just ask pat! Now, plug in those headphones because it’s time to learn together about online business, entrepreneurship, internet marketing, audience building, passive income, blogging, list building, virtual assistants, startups, search engine optimization, email marketing, and so much more. #askpat