Business Structuring

Choosing the Right Business Structure

Are you thinking about going out on your own but not sure where to start? Have you recently opened a small business and need accounting or financial advice? Starting a business is an incredibly exciting time and our business accountants will ensure you set it up correctly.

At Zenith Accountants & Advisors on the Gold Coast, we provide business structuring and advice to help clients get their dream business up and running. We will discuss the pros and cons and provide advice on the various business structures, which include: 

• Sole Trader
• Partnership
• Company
• Trust

Based on your unique circumstances, our team will ensure you choose the most suitable structure and guide you through the registration process. For more information on business structures, check out our blog post.

Helping You Understand Tax & Liability

Another important part of establishing a new business is understanding the tax and liability requirements for each structure. With Zenith Accountants & Advisors, we make sure you completely understand your obligations and work with you to ensure you meet them. 

Our business accountants will discuss how different business structures have different tax implications and how to plan and manage business taxes effectively. We will also explain the varying degree of personal liability associated with each business structure and how to protect personal assets. For assistance with business structuring, bookkeeping, SMSF administration or tax returns, get in touch today.

Planning For The Future

The business structure you choose will play a major role in the way your business operates and grows in the future. That’s why our accountants and financial advisors provide advice in the following areas: 

Capital Structure: Explaining how different business structures can impact a company’s ability to raise capital.

Operational Efficiency: Discussing how different business structures can impact operations.

Business Strategy & Planning: Assisting with formulating business strategies and plans, setting financial goals and assessing risks. 

Business Growth & Scaling: Assisting in planning for growth, including possible changes in business structure as the company scales.

Regulatory Compliance: Helping clients understand and comply with the myriad of regulatory requirements.

Restructuring: Providing guidance on restructuring an existing business.

Succession Planning: Assistance with the transfer of ownership in the case of retirement, disability or death.

Business Dissolution: Helping with the process of closing or selling a business.