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Business formation cost
Business Structure Management

A list of options are available to organise your business structure. Each structure carries its own advantages and disadvantages. In certain case, one business structure can be transformed into another if circumstances changes.

The nature of business push business into different risk category. Initiation a planned business strategic approach can systematically manage risk.

The level of investment required and number of key stakeholders also effect business structure decisions.

Lastly compliance requirement add additional cost in maintaining records to meet regulatory agency requirements.

The level of business activity mostly decides the business structure. With few indirect factors e.g tax planning and number of investors,the key factor remain your revenue targets.

A sole trading business can be transformed into Partnership and later on into company and trust. The benefit of adopting ladder based strategy may help you to minimise your cost and at the same time you can change business structure once an  increase your business revenue targets is sighted.

The tax treatment of certain business structures are more complex then others. A sizeable administrative cost must be budgeted once you decide to make company or trust.