Business structure

Start your business with the right foundation

Liston Newton Advisory
Liston Newton Advisory is rated 4.8 from 32 reviews

Expert financial structure advice

Having the right information for setting up a business structure is essential. You need to start your business with the right foundation to achieve your goals, and we can give you the business structure advice you need.

Advice on the different types of business structures in Australia
Business risk mitigation
Personal risk mitigation
Structure your assets

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Get a free 90-minute video consultation with our team to start setting up a business structure plan. See how it works.

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Use the right business organisational structure to build a strong foundation and grow your business. Get expert business structure advice.
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Tailored help for your business structure type

Create strong business foundations from the start

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A wealth of experience

In our 40 year history, we've helped all kinds of organisations, from big clients to setting up a business structure for small business. We have an in-depth understanding of how your business structure impacts your finances and risks.

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Capable and qualified

We are more than capable of advising you on the right business structure for your circumstances, as well as providing a wide range of financial services.

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Systems and processes

All our services are backed by systems are processes we have developed and improved over our 40 years of experience.

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Long-term partnerships

Setting up your business with the right structure is the first part of a long relationship. We build partnerships with all our clients so we can give you the best possible advice.

Learn more about your business with our comprehensive guides

At Liston Newton Advisory, we take pride in helping business owners get more out of their hard work. Our downloadable guides can give you an in-depth look at strategies and technologies that will help your business grow.

  • Discover tax strategies and business structures available to you
  • Understand and apply new business management technology
  • Get in touch with us for information tailored to your business

About our business structure advice team

Choosing the right business structure will mitigate much of the risk associated with starting a business. We will take the time to understand your business goals so we can give you the best possible advice.

Our team has a wealth of knowledge about how different company structures will impact your personal risks and business outcomes.

Stewart Lane, Partner & Head of Tax

Meet the team

We have worked with Liston Newton's Accountancy and Advisory Team for over a decade. During that time, our business has grown substantially both organically and through purchases. This wouldn’t have been possible without Liston Newton Advisory to assist with our business planning, providing proactive advice and ensuring our accounts were always compliant in a complex and volatile industry.
Karsten Horne
CEO, Reho Travel
Liston Newton's Accountants analysed our financial and business situation and helped us implement strategies to improve our position. Their strategies turned our business from making a loss, to recording a 6-month net profit of 36 per cent. And we are now on track to show a 240 per cent increase in turnover over the next financial year.
Lisa Clarke
SL Constructions
Liston Newton helped us move our accounting over to Xero. Their Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.
Peter Luskan

Our method for business success

Choosing the right corporate structure is the first step towards creating a successful business. You need to consider your business structure as one part of a plan to achieve your goals

Business structure advice requires an understanding of your long-term goals. We take a holistic view of your business and personal wealth goals so we can give you the most effective advice right from the outset.

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Expertise you can trust

We can help you set your business up right, from business structures to financial advice.

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Choose the right structure

Start your business with the best possible foundation. We can help you choose the right structure.

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Frequently asked questions

Should I be operating as a company or a sole trader?

Many factors will influence your decision to operate as a sole trader or another business structure, such as a company. Your personal life circumstances, as well as your type of business, will have a bearing on which structure is right for you.

All the different types of business structure will have strengths and weaknesses in regards to tax minimisation and asset protection, among other things. The key here is to match these up with your personal circumstances and long-term goals to get the right fit.

How do I set up a business?

Apart from setting up the correct structure, there are several other considerations in setting up a new company structure in Australia. You will need to consider doing things such as registering for GST, starting individual bank accounts for the business, applying for business names, and setting up an accounting system to keep all of the appropriate records for your business. All of these items will be covered off by a good business adviser during your business set up process.

Why is a business structure so important?

Choosing the correct business structure is hugely important as it can have a dramatic effect on your business in the future regarding tax minimisation and protecting you from potential risks.

Getting this right from the start is key. While you can change structure in the future, there may be certain restrictions. This includes some capital gains consequences in many cases. Getting the right business structure in place from the outset will be the most importance aspect of your business setup.

What’s the best structure for my business?

<p>Different business structures will offer different tax rates, concessions, and abilities to stream profits to associated individuals or entities. Every individual business will have an ideal business structure to minimise tax as much as possible.</p><p>You need to plan for the future as well when choosing the right structure, considering questions such as:</p><ul><li>Am I planning on selling my business in the near future?</li><li>How big do I plan on growing on my business?</li><li>What do I want to do with the profits from my business?</li><li>Do I want to reinvest profits in the future or take them for my personal wealth?</li><li>Do I want to bring onboard other investors or employees to my business?</li></ul><p>How you answer any of these questions will influence which of the company structures available in Australia is right for you.</p>

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