{"id":1061,"date":"2024-01-25T12:40:19","date_gmt":"2024-01-25T20:40:19","guid":{"rendered":"https:\/\/keepwhatsyours.ca\/stage\/?p=1061"},"modified":"2024-01-25T12:43:51","modified_gmt":"2024-01-25T20:43:51","slug":"do-you-need-a-holding-company","status":"publish","type":"post","link":"https:\/\/keepwhatsyours.ca\/stage\/butterblog\/do-you-need-a-holding-company\/","title":{"rendered":"Do You Need a Holding Company"},"content":{"rendered":"\n<p><strong>What is a Holding Company?<br><\/strong>A Holding company is a strategic company that exists primarily to own and manage a diverse<br>portfolio of corporate investments. Corporate investments could include a variety of passive<br>assets built up from prior corporate business operating profits like: an investment stock portfolio;<br>investment real estate properties or even subsidiary operating corporation share interest.<br>Holding companies serve as another layer of protection for most of our successful corporate<br>clients and where they can accumulate their passive investment portfolio.<\/p>\n\n\n\n<p><br><strong>Holding Companies vs. Operating Companies:<br><\/strong>While operating companies directly engage in the production and sale of goods or services,<br>holding companies focus on overseeing and managing the surplus assets created by these<br>operating companies. Operating companies are on the front lines of business activities, while<br>holding companies serve as another layer of protection to ensure that these hard-earned<br>operating profits are safe from any legal issue that could arise in the operating company.<\/p>\n\n\n\n<p><br><strong>How to Know if it\u2019s for you: The Benefits of a Holding Company<br><\/strong>Here are the advantages that a holding company brings to the table:<br>  &nbsp; &nbsp; &nbsp; \u25cf Asset Protection &amp; Risk Management<br>  &nbsp;  &nbsp; &nbsp; \u25cf Shielding assets from potential liabilities of subsidiary businesses provides a protective<br>barrier that safeguards the holding company&#8217;s assets from the risks faced by its<br>subsidiaries.<br>  &nbsp;  &nbsp; &nbsp; \u25cf Limiting risks and protecting personal wealth by separating the liabilities of individual<br>subsidiaries from the holding company&#8217;s overall financial health, ensuring the safety of<br>the owner&#8217;s personal assets.<\/p>\n\n\n\n<p><br>A Holding company is not appropriate for all our clients. We have seen many clients<br>incorporate a holding company way too soon and have to pay the additional accounting a<br>legal fees each year before the Holding company becomes really worth it. Having a<br>holding company can be a complicated endeavor, especially with the added accounting tasks.<br>That\u2019s why our accounting services at Louis Picco are here to help business owners like yourself<br>to make an informed decision on when a holding company would be helpful for your overall<br>corporate structure.<br><\/p>\n\n\n\n<p><strong>Quote:<\/strong><br>\u201cThere is no passion to be found playing small &#8211; in settling for a life that is less than the<br>one you are capable of living.\u201d<\/p>\n\n\n\n<p>-Nelson Mandela<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a Holding Company?A Holding company is a strategic company that exists primarily to own and manage a diverseportfolio of corporate investments. Corporate investments could include a variety of passiveassets built up from prior corporate business operating profits like: an investment stock portfolio;investment real estate properties or even subsidiary operating corporation share interest.Holding companies<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/posts\/1061"}],"collection":[{"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/comments?post=1061"}],"version-history":[{"count":5,"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/posts\/1061\/revisions"}],"predecessor-version":[{"id":1066,"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/posts\/1061\/revisions\/1066"}],"wp:attachment":[{"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/media?parent=1061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/categories?post=1061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/keepwhatsyours.ca\/stage\/wp-json\/wp\/v2\/tags?post=1061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}