One of the key differences between small enterprises and large organisations is the business structure. You may be thinking that you do not need to overthink your business structure based on where you are in your journey. From our experience in working with hundreds of clients, we have found it to be a far better option to have this conversation earlier rather than when stress levels and financial stakes are higher. Creating formal structures within your business will also allow access to different tax benefits that individuals cannot receive. Aside from the financial benefits, having a well structured business will make it easier for new partners and employees to see exactly where they fit into your business, giving them a sense of certainty about their futures.