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Articles

Can an LLC Own Another Business? (And Other Common Questions)

Can an LLC Own Another Business? (And Other Common Questions)

If you’ve ever thought about adding another business to your portfolio, you’ve probably wondered whether it’s possible—or even smart—to put it under the umbrella of an LLC. You’re not alone! Many entrepreneurs wrestle with questions like, “Can an LLC own another LLC?” or “Do I need a separate LLC for each business?” The truth is, there are several ways to structure multiple businesses, and each has its pros and cons. Below, we’ll walk through the most common questions business owners ask so you can see which approach may fit your situation best.

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A Complete Guide to Understanding DBAs vs LLCs

A Complete Guide to Understanding DBAs vs LLCs

When starting a business, one of the most common questions entrepreneurs face is understanding the difference between a DBA and an LLC. As one of our business advisors puts it, the difference is “an awful lot!” This comprehensive guide will help you understand these two business structures and make the best choice for your situation.

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Safe Financial Instruments Guide

Safe Financial Instruments Guide

Our SAFE Financial Instruments Guide is intended to help entrepreneurs understand the key benefits of a SAFE, why they may want to use one, the differences between a SAFE and a Convertible Note, potential SAFE drawbacks, the types of SAFE investors, and the resources available.

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Best Business Buyer Type For Your Business

Best Business Buyer Type For Your Business

Often business owners finds it difficult to know who they should target as a potential buyer for their business. At first glance, any buyer with a checkbook may be attractive. In practice, finding the right business buyer type when selling a business is both an art and a science. Learn what to consider before going on the market.

Similar to selling commercial real estate, knowing who the buyers are and what motivates them is beneficial. Likewise, when determining the asking price for a business, it makes good sense to understand the nuances associated with the various types of business buyers. Doing so will improve the entrepreneur’s likelihood he will receive the maximum net cash from the sale.

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Maximizing After Tax Proceeds When Selling Your Business

Maximizing After Tax Proceeds When Selling Your Business

In this episode, Holly Magister, a CPA with expertise in business sales, offers valuable insights into tax planning for entrepreneurs preparing to sell their businesses. Dive into the nuanced tax considerations discussed and learn proactive strategies to enhance sale proceeds while reducing tax liabilities. This episode serves as a hands-on roadmap for business owners, equipping them with the knowledge to make informed choices and optimize their financial results throughout the intricacies of business exits. Tune in for essential guidance!

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Understanding the Accredited Investor Rule 501 of Regulation D

Understanding the Accredited Investor Rule 501 of Regulation D

When seeking money for your business, it is necessary only to approach accredited investors because regulations restrict the types of investors allowed to participate in such private placements. By limiting investments to accredited investors, regulators aim to protect less sophisticated investors from the higher risks associated with certain types of investments, such as private placements or hedge funds.
To qualify as an accredited investor, an individual must typically meet one or more of the following criteria:

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