If you’ve already got one business and you're thinking about starting a new one, you might be asking yourself if you should keep everything under one umbrella or start the new business from scratch.
Keep reading to get the 5 questions that will help you make the right decision in a snap!
Hi, I’m Mei Pak and I help makers, artists, and designers make a living by selling their handmade goods online.
I've been running a handmade business for over 14 years, and I've been coaching other small business owners on how to run their creative business for half of that time.
And I run two completely different businesses, but if we’re really counting, we technically have six different businesses in our household!
They each get their own Schedule C when it’s tax time. When you have ideas for multiple businesses like that, you have to decide whether or not you’re going to keep everything under the same umbrella, or split them up and keep them separate.
Today I'm going to give you five questions to ask yourself to make that decision a whole lot easier.