The Strategic Blueprint – Alex and Jordan’s Path to Choosing the Right Business Structure – Part 2

Factors in Deciding on a Business Structure Guided by their unique venture’s needs and ambitions, several key factors steer Alex and Jordan’s decision on an entity: Liability Protection With construction renowned as a high-risk industry rife with lawsuits and insurance claims, Alex and Jordan make liability protection a priority. As seasoned industry veterans they’ve witnessed continue reading

The Strategic Blueprint – Alex and Jordan’s Path to Choosing the Right Business Structure – Part 1

Introduction In the vibrant commercial landscape of Southeast Queensland, Alex, a seasoned construction expert in his late 50s, and Jordan, a tech-savvy innovator in her mid-30s, embark on an exhilarating venture. Their dream of revolutionizing the construction tech industry is compelling, but they face a daunting task: choosing the right legal structure for their business. continue reading

What is a partnership?

I have recently been asked about partnerships generally, and what distinguishes them from other business structures. It is important to have a firm understanding of the advantages and disadvantages of a partnership, before entering into one, to run a business. What is a partnership? A partnership is essentially an agreement made between 2 to 20 continue reading

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