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