One of the issues you will need to consider if you are starting a new business is the business structure. There are three commonly used forms to choose from, each with advantages and disadvantages.

Which business structure is best suited to you will depend on a host of factors. This could include your cashflow projections, your longer-term plans for the business, whether or not you need the protection of limited liability, your willingness to comply with legal and administrative obligations and the nature of any inward investment you are seeking.

If you are contemplating a new business venture, please call so we can help you choose the right structure for your business.

Source:Other| 17-04-2023