Whether you decide to begin a new business, recreate the business you have, or build a separate division under your existing business, your legal structure will be the first structure choice you make. Your legal structure will affect your personal liability, the taxes you pay, the amount and kind of money you might need to raise, and the amount of paperwork you will need to deal with and how often. Therefore, you need business structure advisers to help you.
PICKING THE RIGHT BUSINESS MODEL
The business model you may chose should have as part of its design a flexible management component. This will allow you to either upsize or downsize as need dictates. However, it is not as easy as we note here. The proper structure should be as important to you as the original idea of your company. Business structure advisers can focus on those types of detail.
FIVE REVOLUTIONARY MORALS
This quote of Five Revolutionary Morals comes from Thomas Stewart’s Intellectual Capital.
First Revolutionary Moral: Look out for major shifts in the conditions governing your marketplace and transform the business model to fit.
Second Revolutionary Moral: Build your business model to be better, different, and more dynamic.
Third Revolutionary Moral: Look for allies to help you outgrow your rivals in a restructured business system.
Fourth Revolutionary Moral: Let the customers and their needs really determine your business model.
Fifth Revolutionary Moral: To buy the future, be prepared to cannibalize the present.
PROPERLY STRUCTURING YOUR BUSINESS WILL CHANGE YOUR END RESULTS.
THIS IS WHY PROFESSIONAL BUSINESS STRUCTURE CONSULTANTS ARE SO IMPORTANT.
WHAT VIRTUS CAPITAL’s BUSINESS STRUCTURE ADVISERS DO FOR YOU
Structural issues in business sometimes manifest as mere symptoms of a much larger root situation. Moreover, the largest problem a business owner often has is that they do not know how to ask the right questions, something business structure advisers excel at. It is not always easy to see problematic issues from the inside. It is not only ok to ask for some help, it is much smarter, and less expensive…
So, if you don’t ask the right questions, you can’t figure out where the structural problems are.
Virtus Capital’s business structure advisers, will ask the questions that need to be asked and help you find where the issues lie.
