Merging the businesses

[Starmix]

Will it be okay to merge the businesses? Assuming you have three kinds of businesses, you want to merge them in one setting to save rent in case you are renting a space or building and save current and water, but the name of your business is the same, as the one you first created.

In my simple opinion, I think ot could be merged and just label the same about the goods taken from the second business and label the third. Each must be labeled carefully to avoid misleading the customers. Then your business will look like a one-stop shop. What could you suggest?

 

[pinway]

If the business sells items that are similar it can be wise to merge. For example I can place a snack bar area inside a variety store. It's not advisable to merge business if the goods are different such as hardware and snack bar will not go together.

 

[eLdavis]

If the three business can coexist then I won't mind merging them to save rent.

 

[Starmix]

If the business sells items that are similar it can be wise to merge. For example I can place a snack bar area inside a variety store. It's not advisable to merge business if the goods are different such as hardware and snack bar will not go together.

That's right, but if all are goods then there is no harm. The customers will be excited to tour around finding for what they need.

 

[Fidelia]

That's why I always tell people that they should rather do related businesses if they want to run multiple businesses. If the businesses are not related, you might not really be able to merge them.

 

[Augusta]

Well, that's it if you know that running the business by merging them together would bring more success that would be the reasonable thing to do

 

[Starmix]

It could be merged of the products are the same unless different. There will be an issue to raise for tax fees and permit issuances.

 

[Kross]

If you can merge the businesses together, you would be able to cut costs of running the businesses altogether. But it takes very careful moves to get it right.

 

[Starmix]

It can be merged depending on the products if the same. People will wonder why other products are high or of low values.

 

[Augusta]

If you can merge the businesses together, you would be able to cut costs of running the businesses altogether. But it takes very careful moves to get it right.

That's right that's why a lot of business owners do this. it is to cut cost of running two separate businesses