I own a hair shop but I also get crafty, I would like to launch a small clothing line, I would like to call it something similar to my business name but not exactly, does this mean Ill have to get another name registration and do everything separate or can we ball up both businesses together Answer1:It is possible to ball it up into one business, but you could get into some sticky situations. I think you should keep them separate if for no other reason than to keep your funds separate, easier to manage, and keep track of what is going where. If you ball it up, your hair money could end up going to the clothes, and you may end up falling short with your already established business. Hope this helps!