There are several factors that will influence your decision on the structure of your business. These include:

• size and nature of the business
• compliance requirements
• insurance cover
• establishment costs.

Deciding on a business structure can be a difficult decision. Each business structure has advantages and disadvantages.

For more information:

• seek advice from a solicitor or accountant.
• visit the NSW Office of Fair Trading for information about business structures.
• visit the NSW Business Licensing Information Service for registration forms and information about licensing.
• visit the Australian Securities and Investments Commission (ASIC) for resources to help you start a company.
• access your local NSW Business Advisory Service.