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 - The Engine Rebuild Kit - by Curtis Von Fange. I always liked engine rebuild kits. They have all the replacement parts for overhauling an engine without going to the store to get gaskets, special measuring tools, or miscellaneous parts. They come neatly packaged, clean and tidy. But it's important not to let that packaging lull you into a false sense of security. The appearance of matching sleeves, pistons, rings, and bearings can cause frustration and agony if not properly measured and installed in a workshop environment. Following c
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