Sole Trader vs Company – A Side-By-Side Comparison

pty ltd vs sole trader which to choose

Navigating through the decision-making process of “sole trader vs company” for your business structure can be confusing because both have pros and cons, and a business has its own individual needs to prioritise. Most people initially choose to start as sole traders. However, as they start to earn more and have to pay more taxes, […]

Trust vs Company: Which One to Choose?

board room meeting trust vs company

As a business owner, an important decision is whether to structure your business as a company or a trust, as what you decide will have significant financial and legal consequences.  The business structure you choose will directly influence tax, personal liability, and the costs involved. Therefore, it pays to carefully consider the immediate consequences of […]