There’s a point in a business lifecycle where you need to consider if your current structure is working to the best of its ability. Sometimes you are already in the best possible structure however when your business or personal situation changes it is important to consider the implications of leaving things as they are or pursuing a different structure. The most common reasons behind restructuring are:
• Asset protection
• Keeping your business simple
• Adding or removing a partner/director
• Minimising taxation
If you aren’t sure your current structure is working for you contact one of our dedicated team members who can analyse your current versus potential structures. We will consider all implication should a restructure event possibly need to occur and find the best solution for your business.