I am a small business owner and have been operating a Sole Proprietorship for the last 10 years. I am purchasing a franchise business to grow my business ventures. They are similar businesses but the franchise does not allow for my existing business to operate under the same guidelines. I have been told to establish an LLC for the franchise and I am not sure how to operate both successfully. My current business will be a vendor for the new business. I have been operating as a vendor to them already but I need to work out the legistics. Any advice?