Having understood the essential nature of the different business organisations, it is possible to compare them, and to decide which is the most appropriate. Each of the possible structures has advantages and disadvantages, and the suitability of one over the other will depend on the given circumstances.

Click on the list below to review some of the factors that will need to be taken into account.

• The suitability and the relative complexity of the business structure in question

• The need to acquire assets and raise capital

• The acquisition of rights and liabilities by those involved in the business