Find the right way to start your business with our Business Structure Quiz

Take this short quiz to help work out
which business structure suits you, based on:

Your tax considerations

Your budget

Your plans for your business

Where you plan to operate your business from

How many people will be involved

What business structure is right for you?

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?

Analyzing your responses...
Finding the best business structure for you
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.

Common business structures in Australia

There are a few common ways to structure a business in Australia, and choosing the right one early can save time and stress later. This quiz helps you narrow it down with confidence.

Sole trader

Partnership

Company