In this video, Shey and Oz discuss the differences between a Sole Trader, Company and a Trust and which structure works best for small businesses.
They'll weigh the pros and cons of each structure, plus give advice for family businesses and the tax rates involved.
Elephant Advisory is an award-winning accounting and mortgage brokering firm in Melbourne with a long history of helping our clients achieve their business and property goals.
We believe that the key to financial and business success comes from a few good decisions and sound money management. This is why it is our goal to provide free educational resources to help Australians make informed decisions for their family, their business and their mortgage.
If you're looking for further advice or help with growing your business or finding the perfect home loan for your next property purchase, book a free consultation with a member of our friendly team of experts.
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DISCLAIMER: The content of these episodes is based on our own experiences and knowledge and are meant to be general discussions, not advice. We suggest any listener always seek qualified professional advice tailored to their specific needs.
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