Proprietary limited companies are the most common company structure in Australia and account for 98.5% of all companies.
Upselling is more successful when the up sellers know more about the individual customer and understands what the customer values and wants.
A partnership of discretionary trusts is a partnership where each partner is a discretionary trust.
By calculating the true value of a customer, or potential customer, it places a value on the total sales and profits generated by the customer over their lifetime with the business.
An incorporated limited partnership is an incorporated entity which is separate from the partners, has perpetual succession, and can sue or be sued in its own name.
Operating your business from home is an option if you predominantly work at client premises, deal with clients predominantly over the phone & internet, or need a small office.
A superannuation trust structure that provides benefits to its members upon retirement. With self managed super funds (SMSFs), members are also the trustees of the fund.
In a typical husband and wife tradepeople partnership, one partner is qualified and produces the partnership income.
PAYG variations are attractive to taxpayers who have negatively geared investments, and receive large tax refunds when lodging their annual tax returns.
Reducing space usage and relocating to smaller premises will reduce rent costs (where the new premises have a similar cost per metre as the current premises).