What is the name of your state? Colorado
We have an S-Corp that sells industrial equipment. We are thinking about starting a separate entity (probably an S-Corp) that would only deal in Installations. There's a lot of potential risk when dealing with installations (injury to people and equipment).
We have to make sure the two entities are as separate as can be...with that said, are we going to blur the lines if we share employees/software? If we share our building, is it a good idea that the new entity pays rent to help separate them?
We have an S-Corp that sells industrial equipment. We are thinking about starting a separate entity (probably an S-Corp) that would only deal in Installations. There's a lot of potential risk when dealing with installations (injury to people and equipment).
We have to make sure the two entities are as separate as can be...with that said, are we going to blur the lines if we share employees/software? If we share our building, is it a good idea that the new entity pays rent to help separate them?