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exquizit

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Hello winners,

I was hoping to get some advice about structuring my business. I do a lot of things but right now my focus is bringing inventions to the open market. I was thinking I need to set up an EIN and did not know how to answer the question about my business structure.


Here is what I was thinking and your feedback will be greatly appreciated.

Company A (The holding company)

Business 1: The entity I will run my invention business through
Business 2: The entity I will run my book business through

***The Businesses will be under the holding company, Company A***

With that said let me directly state my questions.
Q1. Is this set up feasible or am I doing too much?
Q2. If Q1 is feasible,what is the best route to go (Scorp,Ccorp, LLC,)?
Q3. If Q1 is not feasible what would be your advice for the business structure from previous experience?


:rofl: I put this hear bc it makes me laugh!!

Thanks
 
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Huuf madl.
 
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Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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