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Profitable Painter Podcast

Multiple Entities, Multiple Benefits

March 28, 20251 min read

March 28, 2025

Season 1, Episode 145

Many business owners overlook the importance of asset protection, until it’s too late. In this episode of The Profitable Painter, we break down how structuring your business with a holding company can safeguard your most valuable assets and reduce legal risk.

We cover:

  • What a holding company is and how it works

  • The key differences between a holding company and an operating company

  • How this structure can protect your real estate, vehicles, and equipment

  • Why separating assets from operations minimizes legal exposure

If your business owns valuable assets, you need to consider how to protect them. Learn how a simple restructuring can help you build a more secure and resilient company.

WATCH NOW: https://youtu.be/HkRiwISD3Ww

Subscribe to the Profitable Painter Podcast

Painting Business OwnersProfitable Painter PodcastBookkeeping For PaintersMasterclassBusiness TipsTax Strategies
blog author image

Daniel Honan

Daniel Honan is a former painting business owner and military intelligence officer with an MBA and a degree in Accounting. He's been in your shoes. Everything from cold calling for estimates, in-home consults, managing crews, to running payroll. With his accounting, intel, and painting industry experience, he's put together a back-office system to help painting contractors crush it by helping them know their numbers and what they mean, save big in taxes, and streamline and automate their processes to save time and money.

Back to Blog
Profitable Painter Podcast

Multiple Entities, Multiple Benefits

March 28, 20251 min read

March 28, 2025

Season 1, Episode 145

Many business owners overlook the importance of asset protection, until it’s too late. In this episode of The Profitable Painter, we break down how structuring your business with a holding company can safeguard your most valuable assets and reduce legal risk.

We cover:

  • What a holding company is and how it works

  • The key differences between a holding company and an operating company

  • How this structure can protect your real estate, vehicles, and equipment

  • Why separating assets from operations minimizes legal exposure

If your business owns valuable assets, you need to consider how to protect them. Learn how a simple restructuring can help you build a more secure and resilient company.

WATCH NOW: https://youtu.be/HkRiwISD3Ww

Subscribe to the Profitable Painter Podcast

Painting Business OwnersProfitable Painter PodcastBookkeeping For PaintersMasterclassBusiness TipsTax Strategies
blog author image

Daniel Honan

Daniel Honan is a former painting business owner and military intelligence officer with an MBA and a degree in Accounting. He's been in your shoes. Everything from cold calling for estimates, in-home consults, managing crews, to running payroll. With his accounting, intel, and painting industry experience, he's put together a back-office system to help painting contractors crush it by helping them know their numbers and what they mean, save big in taxes, and streamline and automate their processes to save time and money.

Back to Blog

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