Business Advisory    Business Structures

Business Structures

Business structures are the legal structures or form used by businesses and investors to help them achieve their objectives. The 5 most common and well-known business structures are sole traders, partnerships, trusts, companies and self-managed super funds. These structures are really only a small sample of the 60 plus business structures that are available.

What business structures determine

Your potential personal liability,

The licenses you require,

How much tax you pay,

Whether you're considered an employee, or the owner of the business,

How much control you have over the business,

Your ability to raise capital, introduce partners/investors, or get finance, and

The ongoing costs and volume of paperwork for your business.

Business structure review

Have your current business structure reviewed to see whether it is optimal for your current circumstances and objectives. A Success Tax Professionals practice can also set up a new business structure (if required), and assist with transferring your business/investments to the new structure (for a low fixed fee).

To have your business structure reviewed, please contact a practice.