Business Structuring - Failing to plan = planning to fail
Published on 23 Nov 2005
| Took place at Rydges Riverwalk, Richmond, VIC
Accounting and legal practitioners will be aware that there are many factors that need to be considered in advising on an appropriate business structure for clients
that are commencing an enterprise, restructuring an existing enterprise or exiting
a structure when an enterprise has ceased.
Those advisers that do not consider all of the relevant factors may end up causing their clients to be adversely affected on restructuring or exiting a particular structure if they don't get it right from the start. Those practitioners that think that structuring is solely a tax-driven exercise need to think again. There are many other factors that adversely affect a structure such as death, divorce or claims by creditors. It is then that clients start to ask hard questions such as "Why didn't my adviser get it right in the first place?"
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