Enable Strategy Lab
Business Structure Decision Tool
Sole Trader, Partnership, Company or Trust - find out which one actually fits your business.
Answer a handful of questions - liability tolerance, whether you plan to bring in partners or investors, your appetite for ongoing compliance admin, asset-protection needs, number of owners, growth ambitions, and whether you want to bring on staff or raise capital later - and get a recommended business structure with plain-language reasoning, plus a full side-by-side comparison of all four structures (setup cost ballpark, ongoing compliance burden, liability protection, general tax treatment, ability to raise capital) so you can see the whole picture, not just the winner. This is a strong starting point for a conversation with your accountant or lawyer, not a replacement for one - structure has real tax and liability consequences.
Included in All Access, or unlock it on its own.
Start here first: free Academy course
Business Structure Decision Tool
Sole Trader, Partnership, Company or Trust - understand what each one actually means before you choose one.
- 1.Why Your Business Structure Actually MattersThe entity you register under isn't paperwork trivia - it decides who's liable for what, how you're taxed, and how easily you can bring in a partner or investor later.
- 2.The Four Options, Explained SimplySole Trader, Partnership, Company, Trust - what each one actually is, in plain English, no jargon.
- 3.Map Your Own SituationBefore you open the tool, rough out where your own business sits on the factors that actually decide this.
- 4.Quick CheckA few questions to lock in what you just covered.
- 5.Build Your RecommendationTurn what you just mapped into a real, reasoned recommendation - plus the full comparison, side by side.
Questions
What does the Business Structure Decision Tool do?
Answer a handful of questions - liability tolerance, whether you plan to bring in partners or investors, your appetite for ongoing compliance admin, asset-protection needs, number of owners, growth ambitions, and whether you want to bring on staff or raise capital later - and get a recommended business structure with plain-language reasoning, plus a full side-by-side comparison of all four structures (setup cost ballpark, ongoing compliance burden, liability protection, general tax treatment, ability to raise capital) so you can see the whole picture, not just the winner. This is a strong starting point for a conversation with your accountant or lawyer, not a replacement for one - structure has real tax and liability consequences.
How much does the Business Structure Decision Tool cost?
It's included in All Access along with every other Lab and the full Academy, or you can unlock it on its own. The membership page has the current options.
Is it built for Australian businesses?
Yes. Enable Strategy Lab is built in Queensland for Australian small business owners, using Australian dollars, GST and Australian terms throughout.
Do I need to be good with numbers or strategy?
No. Each Lab walks you through one step at a time in plain English, with examples, and saves your work as you go so you can come back to it.
Is there anything I should read first?
Yes: the free Academy course "Business Structure Decision Tool" explains the thinking behind this Lab in 5 short lessons.