Business Structures

Sole Trader - complete guide

  • Asset Protection
  • Income
  • Expenses
  • Tax
  • GST
  • Buying a business
  • Selling a business
  • Other
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( Posted in: Coming Soon )

Starting a new business

Xero Toolkit

  • Research
  • Setup
  • Finding & selling to customers
  • Getting paid & paying others
  • Business accounting 101
  • Xero free trial
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( Posted in: Starting a business )

Company or Trust?

Coming Soon

( Posted in: Coming Soon )

Changing from a Sole Trader to a Company or Trust

My business has grown and I think its time to change to a Company

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( Posted in: Sole traders )

Starting a business

When starting a business & deciding which entity to use (sole trader, trust, company) we focus of 4 things

 

1-Asset Protection - protecting business owners assets

2-Income Tax Minimisation

3-Capital Gains Tax Minimisation - when selling / exiting

4-Exit / Sale of Business

Other considerations include – director wages & super, work cover, image, note that some businesses will only deal with a company/trust as opposed to sole traders

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( Posted in: Starting a business )