In this episode of NavTalk, Simon Prowse is stepping out of the hosting role and passing the microphone to Hayley Kalms, Director of Bookkeeping Resources at Navwealth. Hayley explores with Simon the steps you need to take to structure your business from the beginning with the end in mind.
As Director of Accounting & Consultancy at Navwealth, Simon knows the importance of having the proper structure in place and planning for the sale of a business at the beginning to achieve business success.
In part one of this episode, Simon shares the key considerations and the process he applies to choose the right structure for his clients. Hayley and Simon review the four fundamental classes of business structures available and talk through the drivers used at Navwealth to establish the correct business structure for clients.
Whether you are just starting your own business or purchasing an existing business, this episode gives you what you need to structure for success and get your business foundations right. Watch out for Part 2 – Selling your business and planning the sale.
