Is your small business structured appropriately?
Taggart: “G’day; it’s time for another Taggart tip.
I’m here at fabulous Eagle Farm Racecourse and it’s Derby Day; believe me there can be plenty of tips here today.
From my experience, most businesses don’t structure appropriately for their circumstances.
Structuring for your business is something that gives you an extra layer of protection and it’s absolutely vital for minimising risk, protecting your business and your personal assets.
So, here is my tip for the day.
Don’t gamble with your future. Make sure that if you are starting a business for the first time, structure up appropriately from the get-go and review it often.
If you have been in business for a while, review it today so that you can make sure that it is appropriate for your current needs.
That’s my tip!”
Interested in learning more? Get in touch with our business advisory services Brisbane team at Taggart & Partners on (07) 3391 1188 and learn how you can effectively structure your business to minimise risk, and protect your business and personal assets today.
Thank you tuning in to watch another of our Taggart Tips, a series of short video tips that can help you run, manage and grow your business. We hope you have found the information useful and will have a new Taggart Tip out for you shortly. For any urgent concerns we encourage you to get in touch with the team at Taggart & Partners today.
*** Our series of Taggart Tips are intended for guidance purposes only, and professional advice should be obtained before acting on any information contained herein. Neither the publishers nor the distributors can accept any responsibility for loss occasioned to any person as a result of action taken or refrained from in consequence of the contents of this publication.
Updated 8 July 2020