More than one business tied together

by Michelle
(Seattle)

Can i have more than one business and have them all tied together like an umbrella with an LLC license?

Answer

You can operate as many businesses as you want under a single company. Remember, though, that as a single entity, the liabilities of one become the liabilities of all.

Therefore, if the businesses are large enough and have enough assets at risk to justify the expense of multiple LLCs, you might consider separate LLCs for your major businesses.