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Business structure
Which structure is right for my business?
Selecting the right business structure can sometimes be confusing. Here's a summary of the things you need to consider:
What are my current requirements?
- Level of skills (business)
- People involved (ownership)
- Business type
- Flexibility of business structure
Will these requirements change over time?
- Business plan (future plans)
- Growth rate
- Protection
- Attraction of new capital
Are there any implications of changing my business structure?
- Control
- Ownership
- Capital gains tax
- Exit strategies (sale, partial sale, equity capital, or closure)
Most business owners get professional help as they select their business structures.
Try our business structure questionnaire to help you select the right business structure.
