If you are planning to monetize your blog, now is the time to consider some changes. The first thing you will need to think about is reshaping them into the form of an official business entity. The question is made even more complex when you have multiple blogs that you operate. Read on to learn how it can be done.
You May Need to Merge Your Blogs
There are several reasons why you may feel the need to merge several blogs. For example, it may be time for you to apply for LLC privileges as part of your incorporation plan. If this is the case, you will want to include all of your blogs under this form of business protection. Doing so groups them all together under a single corporate umbrella.
It’s pointless to have multiple companies just to cover your blogs. Suppose you want to keep creating new blogs? You may wish to create some and then delegate their day-to-day running to an employee or partner. If this is the case, you need to get them all grouped under one heading rather than five separate ones.
How to Start the Process of Merging
The process of merging your blogs under one business entity is easy enough. It begins when you decide what type of corporate structure you want to incorporate them under. For small business owners whose blog is most or all of their assets, it’s probably best to do so as an LLC. The process will be a good deal simpler.
Your best bet will be to form an LLC for the purpose of incorporating your main blog. This should be the flagship that all the rest of your blogs are secondary to. From there, you can go on to operate the rest of them under the umbrella of your LLC. You can file for DBA privileges in order to keep them all separate.
What is the Essential Advantage of Merging?
Blogging is an activity that is highly recommended for business owners in every sector of industry. A blog is a great way to raise your business to a whole new level of public exposure. The more likes, shares, and clicks you get, the more advantage you can enjoy from a profitable enterprise.
Merging your blogs allows you to cover a number of bases at once. You will be able to combine them under a single corporate entity. This will raise your level of convenience. It will allow you to supervise and monitor their performance at a much finer level. You can make adjustments to all while keeping them separate.
The main advantage that you will enjoy will be the freedom to run multiple blogs as legitimate business entities. Merging will entitle you to do so without having to endure the tedium of having to fill out long volumes’ worth of legal paperwork. You only have to do paperwork and pay fees for one entity, not more.
You should also note that this won’t affect your tax situation in any noticeable manner. You won’t get any notable tax benefits to speak of. On the other hand, you also won’t suffer from any drawbacks. All of the blogs that now operate under your new business entity will be taxed in the same way they always were.
Merging Your Blogs Gives You Peace of Mind
The reasons that you have for merging your blogs may be personal as well as financial. You may wish to retain your rights to handle your primary blog while handing off editorial responsibilities to others.
If you do decide to delegate some of the responsibilities of your other blogs, you first want to solidify your ultimate ownership. Merging them all under one roof will help you maintain your rights.
It’s Time to Consider Your Options
There are plenty of options for you to take advantage of. You are best advised to consider the ones that give you the most bang for your buck. In this case, merging your blogs under a single business entity is a convenient solution. It’s also a cost-effective fix that will help you avoid confusion going forward. So if you want to improve your business than it is an easy way to you.