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    jammixmaster's Avatar
    jammixmaster Posts: 282, Reputation: 15
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    #1

    Mar 22, 2009, 05:30 PM
    How to start a holding company?
    I'm thinking of starting a holding company. I want to hold everything from shares in other companies to real estate to actual businesses (such as franchises or starting a new business and hiring a CEO to run it). While I may be young (19 years old and in college studying Finance) I still want to know how to go about starting a holding company. How would I get it set up and when going to investors for venture capital, how should I present my business plan to them?

    *NOTE: I'd rather only those who have successfully started their own business and that business is still up, running and profitable to answer. I don't care what kind of business, so long as it is a registered, legal business*

    Thanks in advance for any help or advice.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Mar 22, 2009, 06:29 PM

    First you write your business plan, if you are a salesman, then you sell it, if you are not a salesperson, perhaps find a partner that is. Often it is networking, contacts from perhaps people who graduated from your sale college, perhaps members of the same faternity and so on.
    jammixmaster's Avatar
    jammixmaster Posts: 282, Reputation: 15
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    #3

    Mar 22, 2009, 06:52 PM

    I don't mean to offend you, but I couldn't find any business background on your profile. Most of your postings consisted of religious questions and answers.
    lancastercorp's Avatar
    lancastercorp Posts: 2, Reputation: 1
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    #4

    Mar 27, 2009, 10:36 AM

    Jammizmaster,

    I'm in the process of doing exactly what you want to do. Start a Holding Company to hold stocks and real estate. I can tell you I have incorporated, opened a bank account, obtained a Federal Tax ID and have friends who are interested to invest in my company. Check out my website www.thelancasterholdingcompany.com

    I wish I could answer your question better however here are some of the issues I have run into. Depending on how you incorporate (LLC, C-Corp, S-Corp) buying or selling an interest in a company that holds securities falls under different federal and state regulations that are not very easily or clearly communicated.

    Check Out: Q&A: Small Business and the SEC

    Look into SEC Section 504, 505, and 506. There are a lot of mildly complicated means of selling an interest in a Holding Company.

    I’m in the process of making sure I can legally sell shares of stock to my friends interested in investing my company. Most lawyers in my area are not interested in helping a start, or are not knowledgeable enough to consult with confidence.

    I hope this was helpful. Feel Free to contact me regarding this subject. It's the main reason I joined this site ! To learn more or find someone who could help me too.
    V/R
    LancasterCorp
    jammixmaster's Avatar
    jammixmaster Posts: 282, Reputation: 15
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    #5

    Mar 27, 2009, 03:09 PM

    THANK YOU Lancaster Corp! I wish you luck with your holding company. You've really helped. I'm def going to look at those sites your provided. Thanks again.
    lancastercorp's Avatar
    lancastercorp Posts: 2, Reputation: 1
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    #6

    Nov 26, 2009, 06:35 AM
    Jammixmaster,

    How is your company coming along? What moves have you made?

    V/R
    Lancaster Corp
    jreau87's Avatar
    jreau87 Posts: 1, Reputation: 1
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    #7

    Apr 14, 2010, 02:53 PM

    Hi Lancastercorp & Jammixmaster!My husband and I currently have 3 properties and we're looking to start a real estate holding company to hold all of real estate investments. What would be the best business entity to use for our real estate investment? This holding company would be set up solely for real estate and nothing more.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #8

    Apr 21, 2010, 09:41 PM
    Hi, jreau87!

    This is a very old and archived thread, so it's not generally visible, unless someone happens to visit the forum topic area where it's located, or is notified that there's activity on it because they've already posted on it.

    This place doesn't work the same way that a chat room does.

    If you want your question to get noticed the most, I would suggest that you start a new thread.

    This thread is now CLOSED.

    Thanks!

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