Every business owner wants to protect the assets of their company. There have been several strategies developed to help them achieve this goal over the years. Dividing a business into a number of commercial entities controlled by one holding company can be one of the most effective strategies. As a risk mitigation strategy, this article will examine this time-tested approach in greater detail. Defining a Holding Company Holding companies are parent companies – usually corporations or limited liability companies – which do not produce anything, do not sell anything, and…
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