3.0
13 Dec 2021
Recommend
CEO approval
Business outlook
Pros
liability for shareholders is limited. it's easy to transfer ownership by selling shares to another party. shareholders (often family members) can be employed by the company. the company can trade anywhere in Australia. taxation rates can be more favourable.
Cons
Lesser availability or resources: ... Lower Pay or Inadequate Remuneration: ... Restricted mobility Or Growth: ... Lesser job security: ... Greater likelihood of menial tasks: ...