Content reviewed and verified by Graham Chee, with FCPA-led practice at Local Knowledge, Mascot NSW. Continuous CPA Australia member since 1986. Prior career at Goldman Sachs, BNP Investment Management and Merrill Lynch..
Why Business Structure Matters
Your business structure has profound implications for tax efficiency, asset protection, and operational flexibility. As your business grows and evolves, the structure that worked initially may no longer be optimal. Our expert advisors help you navigate the complexities of sole trader, partnership, company, and trust structures to find the best fit for your unique circumstances.
Understanding Business Structures
Key Optimization Strategies
Tax Rate Analysis
Compare effective tax rates across different structures
Income Distribution
Optimize income splitting among family members
Asset Protection
Shield personal assets from business liabilities
Succession Planning
Structure for smooth business transition
Growth Flexibility
Ensure structure supports expansion plans
Compliance Efficiency
Balance tax benefits with administrative burden
Our Structure Optimization Process
Business Analysis
Review current structure, income, assets, and goals
Tax Modeling
Calculate tax implications of different structure options
Risk Assessment
Evaluate asset protection and liability considerations
Recommendation
Present optimal structure with detailed cost-benefit analysis
Implementation
Manage transition process and regulatory requirements
Ongoing Review
Monitor and adjust structure as business evolves
Real Results from Structure Optimization
Benefits of Optimal Structure
Tax Savings
Reduce tax liability through strategic structure selection
Asset Protection
Separate business and personal assets
Flexibility
Distribute income efficiently among stakeholders
Credibility
Enhanced professional image with corporate structure
Growth Support
Structure that scales with your business
Estate Planning
Smooth transition for succession
Structure Optimization FAQs
Q.Will I lose my ABN?
No, you can transfer your ABN to the new structure in most cases.
Q.How long does restructuring take?
Typically 4-8 weeks from decision to full implementation, depending on structure complexity.
Q.How much does restructuring cost?
Costs vary from $3,000-$15,000 depending on complexity, but tax savings typically recover costs within 1-2 years.
Q.When should I consider changing structure?
Consider restructuring when income exceeds $100K, acquiring significant assets, bringing on partners, or planning for succession.
About the Author
Graham Chee, FCPA, CPA, GRCP, GRCA
Principal and Founder, Local Knowledge
Graham Chee is the principal and founder of Local Knowledge, an FCPA-led Australian practice that brings institutional-grade compliance, investment-structure and intellectual-property experience directly to owner-managed businesses. Graham is a Fellow of CPA Australia (FCPA since November 2005, continuous CPA member since 1986) and holds the OCEG Governance, Risk & Compliance Professional (GRCP) and Governance, Risk & Compliance Auditor (GRCA) designations. His prior career includes senior roles at Goldman Sachs, BNP Investment Management and Merrill Lynch. Graham was previously portfolio manager of the Asian Masters Fund (IPO December 2007 – 31 December 2009), which returned +29% in AUD terms versus the MSCI Asia Pacific (ex Japan) benchmark. He signs off on 100% of client files personally.
Areas of Expertise:
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Graham Chee FCPA, CPA, GRCP, GRCA · Principal, Local Knowledge · Mascot NSW · CPA-signed files