Most small businesses need just one LLC, maybe two. Donald Trump has hundreds because he has billions of dollars. Setting up too many LLCs creates unnecessary fees, legal complications, and administrative work.
LLCs are like, you buy them one at a time. There's not like you don't need the LLC buffet. All you can eat, alright? Because what happens is you get all hungry for LLCs, and we see this with clients and they set up a ton of LLCs and they have no business having them. It wreaks havoc on your life. There's fees. When you set these things up, you have to pay with the state and, and then you come to your lawyer and you're having all this digestive problem, problems with your LLC setup because you overate at the buffet because it was all you can eat. So I don't want people to overkill this. And you can see like, if you can Google like Donald Trump's like, organizational plan with all his LLCs, and you can see he has hundreds of LLCs, he's also got hundreds of millions or billions of dollars. Okay? So for the small business owner, you might need just one, maybe you need two. It depends. But don't think you're gonna need like 10 or 100 of these things for everything in your life.
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