freshstart48
Junior Member
I live in GA and my son lives in LA. He asked me to help him set up his businesses so he can legally operate in various states. He has several business ideas, which are somewhat related, and he wants all to be legally "registered".
I set up the initial LLC in August 2022 in GA (per his request), because it's what he wanted, where he grew up, and plans to move back here. The LLC is an experiential marketing and promotional staffing agency for brand ambassadors. And he successfully managed and staffed his LLC's first brand event in September in PA.
He now wants to include his other businesses, one of which is mobile sportsbook betting, which is legal in LA and other states, but not in GA (yet). He started last year as an affiliate for one of the larger companies in the sportsbook betting industry, and developed an online presence to promote their sportsbook app, using a name he came up with. He now wants that name to be trademarked.
Another business idea is to have a traveling food truck because he's already partnered with a local eatery that allows him to be on-site to promote sportsbook betting. The idea is give away free food in exchange for people signing up on these sportsbook betting apps.
So, it seems as if the next LLC ought to be registered in LA, and he could use that name, and the name he's using online, as DBAs, and/or add the TM symbol to those names. From what I've read so far in my research, if he goes through the process of registering with the federal government, there's a 12-18 month wait before his registered trademark is approved. I'm not saying he shouldn't apply, but doing so won't give him what he says he needs right now.
He has a potential contract in NJ and other states where sportsbook betting is legal, but must first provide evidence that he's 'licensed' in LA for sportsbook betting. He said his Parrish doesn't require a license. My research into LA requirements makes me think he only needs a vendors license, and someone already advised him that he didn't necessarily need to register as a DBA.
I know he needs an attorney to advise him properly, but neither of us have the financial resources to hire one right now. So I have been looking at a company that states access to legal advice is included for 3 months when choosing to set up an LLC through that company. I'll be calling today with questions, but thought I'd first ask here whether anyone could offer advice about the best way to set up my son's other business ideas.
He also has done his own "research" (what young people consume online) and believes he also needs a trust and wants an umbrella corporation that includes these other LLCs. I don't think all of that is necessary at this stage, but what do I know?
He's got big visions and is doing all he knows to do to own something he created while providing for his 18 month old daughter and wife, who is helping him with the financial and tax side of his business ideas.
And he's including me in his plans by having me do the admin stuff he says he doesn't have the time for because he's doing everything else. So, I'm being as supportive as I know how, but really feel like "the blind leading the blind."
Anyone have some helpful advice or recommendations as to how to properly accomplish what he wants?
Thanks in advance for your insight. It's appreciated.
I set up the initial LLC in August 2022 in GA (per his request), because it's what he wanted, where he grew up, and plans to move back here. The LLC is an experiential marketing and promotional staffing agency for brand ambassadors. And he successfully managed and staffed his LLC's first brand event in September in PA.
He now wants to include his other businesses, one of which is mobile sportsbook betting, which is legal in LA and other states, but not in GA (yet). He started last year as an affiliate for one of the larger companies in the sportsbook betting industry, and developed an online presence to promote their sportsbook app, using a name he came up with. He now wants that name to be trademarked.
Another business idea is to have a traveling food truck because he's already partnered with a local eatery that allows him to be on-site to promote sportsbook betting. The idea is give away free food in exchange for people signing up on these sportsbook betting apps.
So, it seems as if the next LLC ought to be registered in LA, and he could use that name, and the name he's using online, as DBAs, and/or add the TM symbol to those names. From what I've read so far in my research, if he goes through the process of registering with the federal government, there's a 12-18 month wait before his registered trademark is approved. I'm not saying he shouldn't apply, but doing so won't give him what he says he needs right now.
He has a potential contract in NJ and other states where sportsbook betting is legal, but must first provide evidence that he's 'licensed' in LA for sportsbook betting. He said his Parrish doesn't require a license. My research into LA requirements makes me think he only needs a vendors license, and someone already advised him that he didn't necessarily need to register as a DBA.
I know he needs an attorney to advise him properly, but neither of us have the financial resources to hire one right now. So I have been looking at a company that states access to legal advice is included for 3 months when choosing to set up an LLC through that company. I'll be calling today with questions, but thought I'd first ask here whether anyone could offer advice about the best way to set up my son's other business ideas.
He also has done his own "research" (what young people consume online) and believes he also needs a trust and wants an umbrella corporation that includes these other LLCs. I don't think all of that is necessary at this stage, but what do I know?
He's got big visions and is doing all he knows to do to own something he created while providing for his 18 month old daughter and wife, who is helping him with the financial and tax side of his business ideas.
And he's including me in his plans by having me do the admin stuff he says he doesn't have the time for because he's doing everything else. So, I'm being as supportive as I know how, but really feel like "the blind leading the blind."
Anyone have some helpful advice or recommendations as to how to properly accomplish what he wants?
Thanks in advance for your insight. It's appreciated.
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