What should I know/do about tax/ownership structures of my business before I get in too deep?

To get the right the structures you must seek the right advice. Think about the critical aspects and outcomes;

Low Costs and easy, usually a partnership or individual (Sole Trader)
Asset protection and growth, usually a company structure (Ltd Company)

When it comes to hiring staff or if you're working with your partner, a company will often give you better protection and flexibility.

Many PT businesses are in fact Sole Traders, this is fine, it's often very easy but it does have it's downfalls.

Of course, there are many many more scenarios worth considering that you’d find in a 1000-page Tax book that would send you to sleep in no time!

So instead, spend 30 minutes with us while we talk you through the pro's and con's!