Australia
Organizer:
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New South Wales members (sydney or abroad)
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New South Wales members (sydney or abroad)
Good afternoon all
its the start of a new financial year and i need some assistance if anyone is available to run through how to properly conduct business in the public realm.
Giving a little background on my business i operate. building maintenance/repairs and contractor services.
I’m just not sure how to structure it front the start.
happy to sit down with a fellow member or zoom, just to confirm the structure i should use.
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3 Replies
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There are multiple options. Here’s one.
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<div>Hi. ‘ how to structure a business in the public’. I’m sorry but you really need to be more forthcoming if we have any hope of assisting you.</div><div>
Do you have a Trust? Have you perused the list of webinars with relevant topics, thats the two places to start. As Morag has kindly indicated, re: Trust.
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If you have a Trust you can continue to operate in the Public. Using a Foundation has limitations. For one, functioning as a not for profit which may well be a masquerade for many. I personally choose to be honest while I uphold my ‘none of your business’ response to legal entities. Ie’ I don’t lie in order to protect myself. So I can’t pretend to be a NFP. Thats just me. The key thing about Foundations is they purposefully avoid usimg words that come with tax or other liabilities. Trusts, well they have a great deal more scope. You can conduct business as usual. I prefer dealing in the public now that I comprehend how to control it. It ironically has a lot of fredom.
