Why is a partnership a bad structure for your business?
If you are carrying on a business through a partnership, then we strongly suggest you consider moving to a company. Find out why will hold this opinion.
If you are carrying on a business through a partnership, then we strongly suggest you consider moving to a company. Find out why will hold this opinion.
Here are some reasons why you should think about a Constitution for your company, rather than simply adopting the ‘replaceable rules’ in the Corporations Act.
When asked what structure to use, we like to apply several key principles and ‘rules of thumb’ to get the right answer.
So you’ve just come up with a great business concept, given it a test-drive among your family and friends, and now want to go to the next stage. What do you do? You need to put together the ‘playing field’ for your venture. In other words, you need a ‘business structure’.