15/07/2026
The most expensive legal mistake Australian business owners make is choosing their structure by default, not by design.
Sole trader because it was easy to set up. Company because someone said it sounded more professional. Trust because the accountant set it up years ago and no one has reviewed it since.
Your business structure affects your tax position, your personal asset exposure, your ability to bring in investors, and how you exit. Getting it right from the start, or restructuring before a major event, is one of the highest-return decisions a business can make.
Full article: https://ap1.hubs.ly/H015Rw-0