Exploring business structure and risk
Many business owners don’t realise that their business has outgrown its structure until something comes up – which begs the question, are your assets at risk?
Here is a compilation of things to consider to check if your business structure is working for or against you.
Exploring riskLegal action is the primary risk for many business operators. To protect your assets, it is generally preferable to separate as many valuable assets as possible from the trading operations.
Introducing new business partnersIf you want to provide key employees or investors with an equity interest in your business, your current business structure may not allow for this. Explore companies and unit trusts as an effective vehicle to facilitate the introduction of new equity partners.