Small Business Solutions
Orion Small Business Solutions provides a holistic approach to facilitating business growth. We help you identify areas that need more attention and provide solutions to free up your valuable time. The following chart identifies the key areas to the success of any business. Orion provides training and ongoing services in each of these areas. We will work with you to improve inefficiencies, gain control of your business direction and implement strategies for growth.

Do you know which business structure suits your business?

Choosing your business structure is an important decision, so you need to investigate each option carefully and decide which best suits your needs. The most common forms of business structure are:

• Sole trader
A sole trader is a type of structure where the business has no separate legal existence from its owner. As a sole trader, you will be responsible for the liabilities of your business.

• Partnership
A partnership is a type of structure where two or more people start a business and can legally share profits, risks and losses according to terms set out in a partnership contract.

• Trust
A trust is a relationship where a business is transferred to a third party who has legal control and has a duty to run that business to benefit someone else.

• Company
A company is a legal entity separate from its shareholders. A director of a company has additional legal and reporting obligations.

Before you start your business, you should consider the advantages and disadvantages of each type of structure. Your business structure can affect the safety of your personal assets and taxation, the continuation of the business upon ownership change and will determine what registration process you will need to take.

Just as important as your business structure, you need to equip yourself with knowledge through consultative training programs and surrounding yourself with experienced people.

Call now to make an appointment and take your business to the next level.