The answer is yes–it is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a “Fictitious Name Statement” or a “DBA” (also known as a “Doing Business As”) to operate an additional business under a different name.

How do I write a contract for my LLC?

When signing contracts or legal documents, LLC owners or managers should include the legal name of the LLC, and their official title according to the charter. This information can be printed directly on the contract as part of the signature block, or the signer can write it in next to the signature.

Can multiple LLCs use the same address?

Multiple business entities may have the same address, just make sure that you incorporate each business as a separate entity with the Secretary of State. You may want to consider one parent cooperation with divergent subsidiaries acting independently of each other.

Where does the LLC name go in a contract?

Name Inclusion: You must include the LLC name under the legal title with the entity name on the signature line. An operating agreement is a contract that outlines the basic management structure of your LLC.

What is an operating agreement for a LLC?

An operating agreement is a contract that outlines the basic management structure of your LLC. An operating agreement is similar to corporate bylaws of a corporation. An operating agreement also details how a business should run and emergency provisions regarding special circumstances.

What do you need to know about a LLC contract?

LLC contracts usually come in multiple forms, such as an operating agreement, and contracts your LLC enters into with other parties. An LLC is a legal entity with the following attributes: An LLC safeguards the personal assets of all members

What happens to a contract with a dissolved company?

Lawsuits and Dissolved Companies If a contract with a dissolved company exists, the contract will stay legally valid. The only exception to this rule is if there was a lease termination clause negotiated into your contract that specifically addresses your business closing.