Address
81-83 Campbell Street, Surry Hills, NSW 2010, Australia
Phone Number
02 7254 1094
Email Address
info@sproutstone.com
Work Hours
Weekdays 9am – 5pm
Structured for Success
Whether you are just starting off or growing to next level, you can Optimize your Commercial Potential with our Business Structure Advisory Service.
SproutStone Business Structure Advisory
Our advisory helps you to achieve the full commercial potential of your business. We help you choose the most enabling legal structure in line with your business aspirations and commercial goals. Sproutstone offers an in-depth understanding of local tax laws and legal structures at every stage of your business - Whether you are just starting a new business or taking a leap in the growth of your existing business. Our business structure advice will help you ensure operational efficiencies, benefit from tax implications and achieve your business objectives.
When and Why to Consider Business Structure Advisory
Doing good business is all about making the right choices. Opting for the right business structure is the first choice that you need to make right. Because every choice you will make in the course of your business will hinge on your choice of a structure. Simply put, the choice of your business structure will determine the robustness of your business and the effectiveness of your decision making in addressing challenges.
Most Common Business Structures
Every business structure offers a unique set of pros and cons. We at Sproutstone help you adopt the most suited business structure based on a detailed analysis of your long-term business aspirations and commercial goals.
These four business structures are the most commonly used especially by new and growing businesses. We have a look at the key aspects of each business structure and when it is most suited.
Sole Trader
You legally represent and operate the business with unlimited liability exposure but 100% profit earning.
Company
Two or more directors own shares in a separate legal entity with limited personal liability.
Partnership
Two or more persons legally and jointly represent and operate the business with unlimited liability and share profits as applicable.
Trust
An appointed individual or company generates funds and profits from the property in the care of the trust. Profits are distributed to beneficiaries subject to taxation.
