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How to use ChatGPT + Notion in every small business, company versus Sole Trader & paying yourself dividends

Australian Business Podcast

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How to Set Up a Company Structure

It really depends on one, the industry that you're working and what type of risks are involved. Beyond tax itself, there's a liability component that you want to sort of protect yourself with. Some people just want to set up straightaway, because transitioning from sole trader and company can be quite difficult. The company structure also has some legal benefits which you mentioned, around separating assets from the personal name.

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