Friday, April 30, 2010

Multiple Companies

We had a meeting today with a friend, who owns a popular cafe and sandwich shop, about business plans and so forth. He was helpful and suggested that rather than launch the business as one company, even though liability risk is low, we should break it up into three businesses. More that he suggested that we have a fourth company that was the assets holder for the business. By doing this we would completely devalue the other 'front-man' companies meaning that they were even lower risk.

Worth a thought?

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