Related: How to Successfully Run Multiple BusinessesAdvantages of running multiple businesses1. Multiple sources of incomeThe clear benefit of running multiple businesses is earning revenue from multiple sources. Broader network and market reachBy owning multiple businesses, of course, you will contact various customers, suppliers and collaborators. Time and energy spread thinManaging multiple businesses means more deadlines, staff, financial reports and unexpected issues. If you run multiple companies, it may be difficult to give the necessary consideration to each team.