Sole Trader - a business structure where a single individual owns and operates the business. It is the simplest and most common form of business in Australia., Partnership - a legal structure where two or more individuals or entities share ownership, management, and profits of a business. Partnerships operate under a Partnership Agreement (formal or informal) and are governed by the Partnership Act in each Australian state and territory., Franchises - an individual or company is granted the rights to operate a business using the branding, products, and operational model of an established company in exchange for fees and ongoing royalties., Small Proprietary Company - a type of private company in Australia that is privately owned and operates with limited liability. It is regulated by the Corporations Act 2001 (Cth) and the Australian Securities and Investments Commission (ASIC)., Not for Profit Organisation - a type of entity that operates to achieve a social, charitable, educational, or community-focused purpose rather than to generate profit for owners or shareholders. Any surplus funds are reinvested into the organization to further its mission rather than being distributed as personal income.,

Business Structures

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

Continue editing: ?