What to rethink & when
If you are running a fast growth business it is critical to pause and review the way your company is structured.
Rapid growth creates a need to review:
the way you are capitalised - to avoid the risk of overtrading
how your assets are held - for example do you need to hold property differently or create a holding company to protect stable parts of the business from riskier new ventures
whether the time is right to issue or review employee share schemes
how you move profits around tax efficiently within a group
how you are remunerated - making sure you extract profits tax efficiently and exploit all the tax reliefs available to you
international expansion - making sure any subsidiaries sit in the right place within your structure.
Restructuring your business can be a lifesaver, enabling you to remove obstacles to growth, increase revenues and profits, and even avoid running out of cash altogether.
