Me an my brother’s are looking to start an LLC as of the new year, and work on acquiring clients while we all will retain our full time jobs as well.
My question is would it be better to enter a multi-member LLC, or for each of us to aquire individual LLCs and one LLC be the main operating entity, and the others recieve payment through a 1099?
I feel the Seperate LLCs (while startup would cost more) benefits of being able diversify our individual entities would be worth it.
Any thoughts on this? Or any other information, suggestions, or tips are appreciated.