Division Of Corp Or Completely New Company
My husband and I have a small lawn service in Fl which is incorporated. He is looking to expand his services to include exterior cleaning. He will continue to do his lawn service on his own, but will work with someone else (like partners) in regards to the exterior cleaning. He has already added the pressure washing to his current business license but not sure how to handle the rest. My husband and his friend plan on splitting all money from the cleaning 50/50, so my thought was to either create a division of our current corporation or create a completely new corp. If we did it as a division of our existing corp, would we use the same EIN or would we need to apply for a separate EIN? Also, if my husband has the business license to do the cleaning, would we need to get one for his friend as well? Any advice is welcome. thanks!