Home Creators Posts Import Register Favorites Logout
haven't archived this post yet. have a subscription? use the importer!

Content

“In the next few days all my business holdings will be reorganized with the following corporate structure. Owning all companies will be a new entity called ‘Empire Holdings.’ Wholly owned by this company will be the Gothic Tools Company, which is the company responsible for the marketing, replicator licensing, manufacturing, and distribution of my omnitool and its many future variants. For now that company will also provide the same services for the Bliss Baton product.”

I could see several of the lawyers who had assisted me in patenting the omnitool and negotiating a deal with Grand Nagus Zek nodding at the wisdom of setting up a new concern specifically for the omnitool product.

Files

Previews only

What is a holding company & how to use it to mitigate risk

A holding company can be used by LLCs and corporations to protect business assets and more, but there are also challenges when using this structure.

Comments

No comments found for this post.