Can You Have Multiple Businesses Under One LLC? | Attorney Answers Question

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In this video, attorney Thomas B. Burton answers a common question about LLCs: can you have multiple businesses under one LLC? He discusses the advantages and disadvantages of this approach, and explains the legal and tax implications involved. From flexibility and simplicity, to potential liabilities and reporting requirements, he covers the key considerations to keep in mind when deciding whether to operate multiple businesses under one LLC. Watch to learn more on this topic.

Want to set up an LLC and not sure where to start?

The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice. You should not rely upon any information contained on this YouTube channel for legal advice. Viewing this YouTube channel is not intended to and shall not create an attorney-client relationship between you and Thomas B. Burton or Burton Law LLC Messages or other forms of communication that you transmit to this YouTube channel will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged. Neither Thomas B. Burton, nor Burton Law LLC, makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites, or information provided. This YouTube channel is provided "as is," does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Thomas B. Burton, Burton Law LLC, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

© 2023 Thomas B. Burton: Burton Law LLC. All rights reserved.

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It makes sense. Thank you. You helped me understand that an LLC is an entity that holds the other businesses or services. It's sort of like an umbrella.

shopatcharliesco
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Thanks for the video Thomas! You just answered a question I had for you next week!

Joshpekol
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Great video. This is what I was searching for. I still need help though. Are you licensed in STL/MO?

troyharris
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Hi Thomas, new subscriber here! I am a new licensed insurance agent in Hawaii. I want to form a business for my insurance service & another consulting business to help empower women & another business in the future to help people form Trusts. What do you suggest?

Natasha-tcoq
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So my question is if I have my own llc and want to build a building can I name after my grandmother Martha hall.. my llc entity legal doc State for entertainment and community?

k.s.
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Burton, So The Other “Names” (Part From The LLC Name) Are Those Called “Domain-Names”….?

chicagotruckerlifeforlife
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Ok, I will change name, who the hell knew this was so complicated. Some articles suggested to have dba for different brands, so this made me confused. I will find a new name

indrajeetghosalkar