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.
Last edited by Zanti on May 10, 2011 at 04:28 AM. Reason: clearer title