Sunday, April 13, 2008
Should I split the family business? (CNN Money)
Dear FSB: My father, brother and I own a plumbing business that is under my father's DBA. We have since expanded. Now, my brother is in charge of repairs, my father new construction, and I manage the overhead. I was wondering if we should develop our own individual LLC's - my brother for repairs, mine for management services, and my father for new construction? My father is also getting older ...
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