Hoping that some of you have gone through this and can offer your experience, tips and help.
My business is moving to a different level. I've been using the same paypal business account for a few years now. We've recently started a new LLC with 3 assumed name LLc's under the main LLC.
All 4 LLC's operate in different niches. The 3 assumed name LLC's use the EIN (employer id. number) of the main LLC.
All 4 LLC's have separate checking accounts and email addresses.
Is it just a simple matter of setting-up 4 separate paypal business accounts, one for the new main LLC and one each for the 3 assumed name LLC's.
Just want to make sure I'm doing it right so I won't run into any problems down the road with paypal account limits, freezes etc.. and also for my own business accounting practices.
Appreciate your thoughts on this. Thanks.