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Find out how to start your business with our Business Structure Quiz

By taking this quiz, you’ll find out which business structure is right for you based on:

Your tax concerns

Your budget

Your vision for your business

Where you intend to operate your business from

How many people will be involved in your business

What business structure is right for you?

Business Structure Quiz

Who do you want your business to serve?

Is your business going to serve as your main form of income?

Will you be running your business from home?

Do you want your business to have its own trading/commercial name?

Are you willing to pay a higher fee to have your business registered?

How do you want your business's income to be taxed?

Business structure pictogram

Sole trader

As the simplest business structure, sole traders are responsible for the legal and financial aspects of their business. Sole traders are required to apply for an ABN and are taxed on their individual income.

What business structures are there?

With so many ways to structure your business, it’s no wonder that it can be hard to know which one is right for you. Take our quiz to find out, so you won’t have to spend time or money changing your business structure down the track.

Sole Trader

Partnership

Company

Solutions

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