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 - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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