Business Structures – Pros & Cons

Operations, Planning

Which Business Structure is the right for you? The costs and risks of each legal structure are quite different.     PROS 1. Sole Trader Easy and low cost to set up Owner has 100 per cent control Less compliance and legal requirements necessary The legal structure is easily changed Owner keeps all the business profits…

Systemizing Your Business

Operations, Team

Systemize the routine – Humanize the exception Effective systems can save you and your team both time and money and frustration.  The basic rule for systemising is ‘Systemize the routine – Humanize the exception’.  Anything that can’t be systemised needs to be run by people.  Always look at putting a system in place rather than…