Business structures come in many varieties. Some of the commonly used business structures are:
- Private Company
- Public Company (listed or unlisted)
- Unit Trust
- Family Trust
- Discretionary Trust
- Hybrid Trust
- Sole Trader
- Self Managed Superannuation Fund
- All interlinked combinations of the above
When I advise clients on the best business structure for them I look at 4 general factors:
- Protecting Assets and People
- Saving and Delaying Taxes
- Providing Flexibility as the Business Evolves
- Exit Strategy
Call us now to uncover the best structure for your business in 5 minutes for FREE
1300 585 299
Life is too short to procrastinate on getting the right accountant to help you grow and manage your business anywhere in Australia. Business doesn’t need to be so hard. You owe it to yourself to find an accountant that understands your business and has the knowledge and experience to make a real difference at a fundamental level, not just at tax time.
Climax Business Strategies is a Newcastle accounting firm servicing businesses in all industries all around Australia. We provide a full range of accounting services from business planning and budgeting through to strategic and taxation advice. We partner with our clients to create and implement strategies to grow their businesses and reduce their taxes at the same time.
If you’re not entirely satisfied with your current accountant maybe it’s time to get a confidential second opinion from an accountant that’s interested in you. Watch our welcome video to see what makes us different.