US EditionIs it Safe to Operate Multiple Businesses Under a Single LLC?
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Is it Safe to Operate Multiple Businesses Under a Single LLC?
If you own multiple businesses, you might be wondering if it is safe to operate them under the same LLC. Although it’s possible, this approach has a potentially significant downside. If someone sues one business, not only will that business’s assets be at risk but so will the other businesses’ assets. When someone runs several companies under the same LLC, those companies are not separate legal entities. Therefore, each is liable for the others’…
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