Tips & strategies to help your business grow

A key component to business success is ensuring you have the right legal structure for where you're going. In fact it's one of the very foundations of our 3 step strategy with clients.

One of the most fundamental decisions you have to make when forming a business is which structure is right for you. In Australia, you have a number of options, including trust, company, sole trader and partnership. In this blog we'll dive into what a partnership actually is and how they work.

A family trust is an agreement where the trustee (either a person or company) holds assets for the benefit of others - like family members. There's lots of names thrown around; family trust, trust fund, discretionary trust and lots of confusion about how trusts work so if want to understand what they are, and how they work then you've come to the right place. Strap yourself in, and trust me....

Lots of people confuse having a business, with having a company. So what exactly is a company, and how do they work for small and medium businesses?

Choosing how to structure your business takes some forethought. In Australia, there are four common ways to go about it, and being a sole trader is an easy way to get started, but it’s important that you choose carefully. After all, the structure you choose will impact the licenses you have to obtain, how much you owe in taxes, and your potential personal liability in the event of issues.