G’day farmers, hope the season has been good to you. This week’s episode we go for a deep dive into trading structures for farms and how the legalities of it work for different structures. Scott Smith from the Byfields Business Advisers Perth team walks us through what might work for your enterprise. But like all farms, no one is the same. All the information in the episode is to be taken as general advice only as the host and Scott do not know your personal circumstances.
Three ways to structure your farm business discussed on this episode:
Trust
Partnership
Trading Company
Links:
Byfields
Farms Advice Podcast
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