Is this the best corporate strategy?
I would like to know If I have multiple projects going that are under the same umbrella would it be wise to create a parent subsidiary structure? Is there a better corporate strategy?
I would like to know If I have multiple projects going that are under the same umbrella would it be wise to create a parent subsidiary structure? Is there a better corporate strategy?
A simpler approach is to use cost centers. Please see the following article as an example on the approach at the FREE web site I maintain as an extension of my volunteer work: https://www.smalltofeds.com/2012/05/cost-center-strategic-planning-for.html
Hi Lexi. You may want to evaluate a corporate approach, which has relevant taxes and legal ramifications that you should discuss previously with (an) experienced lawyer and/or cpa. We wish you the best.