@john1478 - I can understand why you think segment reporting, or any other business legality, can become too tedious to handle. There are a lot of state and government regulations, and it can be a headache trying to deal with them all. However, I do not think that you should stunt the growth of your future business because you do not want to do detailed reporting.
I was once in your shoes. I started my business about fifteen years ago. Since then the types of services and the clients I serve have increased in value. You are absolutely right in thinking that with a bigger business comes bigger legal responsibilities. Thankfully, I do not have to handle these things on my own.
When it comes time to do my annual segment reporting, I just higher an accounting firm to do it for me. That way, I can keep my focus on the operations of my company, while still complying to legal regulations. Every year, it seems as if either the number of segments my company, or the money made by the existing segments, is growing.
You should not hinder your growth because you are afraid of growing legal matters. There is help out there for dealing with that. Just focus on your company and everything else will fall into place.