Most private companies begin as sole owner-managed entities; after a few years, some grow to involve family members working for the business, handling different departments or types of operations, or expanding to encompass more than one business under the company name.
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Splitting a company - Tax efficiently
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Most private companies begin as sole owner-managed entities; after a few years, some grow to involve family members working for the business, handling different departments or types of operations, or expanding to encompass more than one business under the company name.