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Your brief:
As a junior lawyer in your place of employment, you have been asked by one of the partners in the firm to take on an extra case. You have been permitted to choose one out of four clients with which to work. Your overall task is to advise the client(s) on how to structure their business either as a sole trader, partnership, joint venture, or company. You do not have to consider all four of these in your advice which ones are relevant will depend on the clients circumstances. You should not consider trusts, as they are used primarily to minimise tax, and tax law is not part of this course. You should also avoid any advice on tax. The tax implications of business structures are more complicated than websites (such as the ATO) suggest, and since tax is not part of this course, you should avoid it.
In order to provide this advice you need to perform several sub-tasks:-
1. Choose one of the four clients described in the background section below.
2. Conduct research into the industry and/or product that your client wishes to participate in with respect to the type of business structures that are most prevalent in the industry. Your research should enable you to determine which structure(s) would best accommodate and suit your clients needs.
3. Research the law relevant to your advice.
4. Provide a written report to your supervising partner on your research, weighing up the alternatives for your client and providing a recommendation.
5. Provide an oral advice on the law (in plain language) to the client in the form of a YouTube video, weighing up the alternatives and providing a recommendation.
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