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I have a client who has an LLC, an electrical business, he…

I have a client who...
I have a client who has an LLC, an electrical business, he wants to start another business. His question is this: can he keep it under the original LLC, and use another name also?
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12/18/2017
Legal Eagle
Legal Eagle, Lawyer
Category: Business Law
Satisfied Customers: 14,317
Experience: Licensed to practice before state and federal court
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Hello! I am a licensed attorney, admitted to practice in state and federal court. I have a nearly 100% satisfaction rating (click here for more info) so all that means is that you can count on me to help today. Because I want to provide you with the most accurate answer possible, do you mind if I take a moment to review your question?

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Richard
Richard, Attorney
Category: Business Law
Satisfied Customers: 57,225
Experience: 32 years of experience practicing law and a businessman.
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Good afternoon. Yes, he could do so simply by filing an Assumed Name certificate for the LLC using the additional name. BUT, I would actually recommend he form a new LLC for the new business. The major reason you set up an LLC is to limit liability so that your personal assets are not subject to the debts/liabilities of the LLC. For the same reason, he would be best served to form a separate LLC for the new business so that if he has a problem with one business, it won't contaminate the other.

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Richard
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Category: Business Law
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Thank you so much for the 5-star rating! I know rating takes an additional step and I truly appreciate you taking the extra time! It's been my honor and privilege to help you with this. If I can help you in any way in the future, I'll be happy to help. For easy access, my bookmark is: www.justanswer.com/law/expert-legalbeacon/ . Or, simply request “Richard only” in the first line of your question.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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