Make Connections

Network, Get Answers, Find Members in Your Area, and More!

Forums » Business planning

NEW LLC or Change name of OLD

    • 2 posts
    August 19, 2013 5:23 PM EDT

    I have had an LLC for the past 3 years for a Print brokerage business.  I barely used it but always filed the taxes and kept it open in the event that I needed it.  the last to years resulted in a loss.  Now I am opening a bakery and was hoping that there was some benefit to just changing the LLC name so that I had the last 3 years of tax and filings associated with the EIN/TAX ID #.   Plus I thought it would be cheaper to change the name rather than open a new LLC.  Any thoughts on if there is any benifit to just changing the name and having the 3 year history?