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Dentallabnetwork.com
Business Ideas
Organizing multiple LLCs
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<blockquote data-quote="Jason D" data-source="post: 305131" data-attributes="member: 12217"><p>Ok you know me....</p><p>Devils advocate why make 2 companies unless you have maximized one and need the second to address a second market?</p><p></p><p>The grass is always greener ... in the 90s virtually every high-end lab tried to make a discount crown and virtually every discount lab tried to make a high-end department - I only know of one that actually succeeded.</p><p></p><p>If you are looking for low hanging fruit in another niche you have to be sure you have exhausted your current niche, otherwise abandon one for the other.</p><p></p><p>The only reason I can think of to have separate entities today is if you want to offer offshore and domestic and dont want brand dilution.</p><p></p><p>So, what’s the motivation for separate entities? Can’t give the best advice without understanding the question better...</p></blockquote><p></p>
[QUOTE="Jason D, post: 305131, member: 12217"] Ok you know me.... Devils advocate why make 2 companies unless you have maximized one and need the second to address a second market? The grass is always greener ... in the 90s virtually every high-end lab tried to make a discount crown and virtually every discount lab tried to make a high-end department - I only know of one that actually succeeded. If you are looking for low hanging fruit in another niche you have to be sure you have exhausted your current niche, otherwise abandon one for the other. The only reason I can think of to have separate entities today is if you want to offer offshore and domestic and dont want brand dilution. So, what’s the motivation for separate entities? Can’t give the best advice without understanding the question better... [/QUOTE]
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Business Ideas
Organizing multiple LLCs
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