46. You Built Multiple Businesses. Did You Protect Them From Each Other?

Building multiple companies can create new revenue, but it can also create a web of unclear ownership, shared employees, misplaced intellectual property, and personal liability. When an entrepreneur asks how to organize her optometry practice, consulting company, and digital programs, Kareen helps her separate what each entity owns, how they should work together, and where the money should flow. She also explains why a holding company may provide a clearer ownership structure and stronger liability protection, while identifying the legal and financial questions the entrepreneur still needs to take to her professional advisors. Because when every business leads directly back to you, one problem could threaten far more than the company where it started.

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