Effective Business Restructuring in Melbourne
By understanding your business, it’s financials, and who is involved we can recommend a structure that will benefit the long term vision of your business. The correct structure could reduce tax payments, protect your assets and allow for ease of succession.
The most effective business structure depends on your personal and business financials. This is an area that should be reviewed as your current structure may not be the right one compared to when you started. Having worked with a number of businesses we can find a solution that will work best for you.
Start with the end in mind
Where do you want to be in the future? This is just one of the questions we ask to ensure that your business is set up in a way that will benefit you in the future. Through careful analysis of your business we can recommend a structure that will ensure you, your family and assets are well protected while also allowing for any changes in the economic environment.
Depending on your business, who is involved and level of growth there are a number of structures that we can advise on:
- Sole trader
- Discretionary trust
- Self-managed superannuation funds (SMSF)
- Holding company with operating entities
- Companies with PPSR relationships