Until you're at the size where you're running limited companies and have a lot of assets to protect, I suspect it's probably not to your advantage... but that depends on your situation. AS an example here, it's gotten to the point where if you're enrolled in any government programs (risk management), you find yourself in the situation that one large operation that has profits on one side and losses on the other side will get nothing from the program because you don't lose enough gross income. If you had them set up separately, you can play ball. Likewise, that works for some of the other investment programs they have... each separate entity is entitled to so much, so if you have more than one business, you can apply for each.
Other than that, I don't see any benefit to having more than one business... and even at that I'm not so sure it's a benefit.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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