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Running your business through a family trust
There are key advantages to run your business through a family trust structure. This post discusses the three most popular reasons for running a business through a family trust structure. It also discusses disadvantages of using a family trust structure to run your business through.
“How much profit should I make?”
Making a profit is one of the fundamental elements of running a business. It means the business is sustainable in its own right, can provide employment, which allows employees to earn a living and pursue their own dreams and aspirations. But the question is often asked about the level of profit and whether it is sufficient. This article addresses this question and considers alternative methods to assess the appropriateness of profitability.