image source: https://www.google.com/url?sa=i&url=https%3A%2F%2Fpxhere.com%2Fen%2Fphoto%2F1622288&psig=AOvVaw18njGMw8jfH8XEWXt71KKg&ust=1637124002859000&source=images&cd=vfe&ved=0CAsQjRxqFwoTCKCbq7eInPQCFQAAAAAdAAAAABAD Creating a second company is an exciting venture and will entail taking many of the same steps as when you created your first company. However, there may also be some new questions you have to consider when getting started, a primary one being: what kind of legal organizational relationship, if any, do you want your new company to have to your existing one? You can choose to keep your companies as completely separate entities that have no legal relationship to each other, or you can choose to link them in a parent-subsidiary relationship. There are multiple factors to consider when choosing whether or not to form a parent-subsidiary relationship, some of which will be addressed in this post. What is a Parent-Subsidiary Relationship? A pa
University of Michigan Law School Community Enterprise Clinic (CEC) Blog