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
employee share schemes - whether the time is right to issue or review share schemes.
profits - 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
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.
