Running Multiple Businesses Efficiently

Summary

You can run multiple businesses under one LLC in California using DBAs, which is cost-effective and simplifies administration. However, this offers less liability protection and can lead to financial entanglements. Filing multiple LLCs provides greater liability protection and asset separation but involves higher costs and administrative complexity. Consider your business needs and consult a legal professional for personalized advice.

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what are the pros and cons of only filing a DBA vs filing multiple llcs?
Pros of filing a DBA:
- Lower costs and simpler setup.
- Simplified administration and tax filings.
- Easier to manage multiple business names under one entity.
Cons of filing a DBA:
- Less liability protection for individual businesses.
- Potential for legal and financial entanglements.
- Risk of damaging the main entity's reputation.
Pros of filing multiple LLCs:
- Greater liability protection.
- Clear separation of business assets and liabilities.
- Easier to sell or dissolve individual businesses.
Cons of filing multiple LLCs:
- Higher costs and more complex setup.
- Increased administrative burden.
- Separate tax filings for each LLC.
Do you need more details on how to file a DBA or LLC in California?