LETS GET DOWN TO BUSINESS.
Question :
Kia Ora i am just starting to develop a small business with 2 other participants. Just wanting to know what is the best category to go under when registering as an operational business.eg: company, partnership, not for profit and trust.
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Kia ora. Great to hear you’re starting up! The answer to most things at this point in your journey is… “it really depends”. It will depend on different things like what things you’re wanting to achieve, how you’re wanting to achieve them, and how your co-founders want to manage the business (e.g. risks).
Can you give us any more context on your goals and situation (without giving away any secrets!)?
Business.govt.nz also has some pages to help think through the different structures:
https://www.business.govt.nz/getting-started/choosing-the-right-business-structure/business-structure-overview/https://www.business.govt.nz/choose-business-structure/
Justin
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