Excellent question! It requires more space than we have here to answer but there are 3 main structures to consider…
Company
Sole Trader
Partnership
Each comes with its own set of benefits and restrictions so it’s important we are clear on your overall circumstances before making a decision. There are also varying tax implications for each, levels of liability, insurance requirements and the ability to attract finance should the need arise. Let’s talk about where you are and where you’d like to be in the future.