Business Structure – Partnership Vs Company Essay.
IssueWhether the brothers should opt for a partnership form of business, or whether they should incorporate a company form of business structure. Trust form of business structure is opted majorly for taxation benefit purpose and so, the focus of this discussion is not on it.
In Australia, broadly there are four business forms in which the person can run their business. These four are partnership, sole trader, trust and company. Every busine…