[ANNOUNCEMENT FROM ADMIN] Anyone that requests to join Syndication Express must use their real name and put an acceptable profile picture up. This is a community for bloggers and article writers. Your blog content will be shared on all the major social sites giving you massive exposure and branding. Additionally community members are encouraged to read, comment and share network members blog posts to the various social and bookmarking sites for SEO purposes. By doing this, members blog post will receive viral exposure, social signals, one way backlinks and targeted traffic from the search engines.

 

Click the icons above to follow Syndication Express on Facebook, Twitter, Pinterest. Also follow the Syndication Express blog.

If YOU would like to post your banner ad below click here now to learn more.

Member Ad

Ad space available - Put your ad here

Member Ad

Ad space available - Put your ad here

OUR SPECIAL FEATURE: Syndication Automation - Will give your blog post massive syndication and exposure on all the major social sites and generate traffic to your blog content. CLICK HERE to learn about this UNIQUE feature on Syndication Express. 

Member Ad

Ad space available - Put your ad here

VIRAL EXPOSURE FOR YOUR BANNER ADS!

Put your banner ad below for only $5.00 a month. Your banner ads will get exposure every time someone visits the Syndication Express site. Your banner will be added on other advertising sites too. Members and non-members are visiting the SE blogging platform.

ATTN SE Members:

Invite your blogging friends to the Syndication Express community.

Put your 728x90 banner ad here for 2 days for only $2.00.

After payment, message me with your banner details.

Best Business Structure for your business?

Best Business Structure for your business?

Plans for starting a business inevitable include the business structure at some point – what legal entity will the new company stand for. In most cases the decision will be based on tax consequences and the responsibility that you as the entrepreneur are willing to take. Let’s explain the ups and downs of a sole trader, partnership, company, and trust business structures.

1 (2)

Solo Trader

A most basic form of business legal entity, this structure has the same person as owner and general manager. As such you will use your own Tax File Number, but will also have to register an Australia Business Number (ABN) and Goods and Services Tax (GST).

  • Advantages of this organization are that the owner is totally independent in decision making, has access to all the profits, and it has speed and flexibility combined with inexpensive startup.
  • On the downside, the risk is solely on the owner, who has limited access to financing options, and may require outside assistance in decision making.

Partnership

It is a structure that involves two or more partners, people or legal entities that operate a business on with a common goal. Equity interests however may be equal or different. Partners’ share in profits and losses in in accordance with their partnership equity and the agreements that hold the structure.

  • As such, a partnership has minimal start-up costs, the responsibility and obligations are shared, it is easy to operate and account, and tax losses are accessible to partners directly.
  • Disadvantages of this structure include unlimited liability, a room for decision-making conflicts, and legal limitations on number of partners

Company

A company represents a legal association of people that are bound by the purpose of operating and financing business operations. The company formation starts with registering with the Australian Securities and Investments Commission (ASIC). This entity separates business owners (shareholders) from people responsible for business operation (management and employees). Above all, a company can own property, conduct and be a subject of legal actions.

  • Advantages of such structure include increased finance raising options, flexible expansion possibilities, and being a separate legal entity. In addition, shareholders can have limited liability, and there are tax benefits.
  • Disadvantages of company organization involve high set-up costs, need for complicated account structure, branched and reduced control through management boards, boards of directors, etc.

Trust

Unlike a company, a trust does not have a separate legal personality. In a nutshell, it is an obligation imposed on a person to hold property or income for the benefit of others, called beneficiaries. The trustee conducts all transactions, which respectively become the trustee’s personal obligations.

  • Like companies, unit trusts are free from paying taxes. Instead, the unit holder is liable for the tax on taxable profits derived by the unit trust. In that sense, a trust is separate from the unit holders.
  • A disadvantage of trust structure is that a tax loss of a unit trust cannot be distributed to the unit holders. The unit trusts must be structured so that the losses are held liable at the unit holder level and not the unit trust level.

All in all, there is no perfect and universal structure that would cater to all requirements of a business model. The best one can do is to find as tighter fit as possible.

Dan Radak is a web hosting security professional with ten years of experience. He is a coauthor on several websites and regular contributor to BizzMark Blog. Currently, he is working with a number of companies in the field of online security, closely collaborating with a couple of e-commerce companies.

If you enjoyed reading this post I would appreciate your feedback so please share, tweet, google+ and comment. Thank you

MerleBeFunky_Profile Photo.jpg

P.S. – For $1 why not try out our all in one tool suite, saving you almost $500 a month – for 7 days it has to be worth trying – doesn’t it? Click HERE for more info …………… We can help you stay focused ………….

P.P.S. – Click the link and get a 3 day $2 trial period with My Lead System Pro===>>> HERE

P.P.P.S. – PS: I’ve been able to get you FREE Lifetime Membership in Instant Squeeze Page Generator – 

the one site where you can build killer squeeze 

pages with a click and play wizard! 

Views: 29

Comment

You need to be a member of Syndication Express to add comments!

Join Syndication Express

Comment by Merle Gibbins on July 20, 2015 at 2:25pm

Thank you Terri

Comment by Terri Pattio on July 20, 2015 at 9:45am

Excellent and beneficial to know this information Merle. Thanks for sharing it in the SE community.

© 2019   Created by Terri Pattio.   Powered by

Badges  |  Report an Issue  |  Terms of Service