Most farm business owners should investigate whether trading as a company would be beneficial to them. Companies have an impor-tant role in the business structure of successful and diversified farming and estate businesses. They are underused both for risk management and for their ability to reduce the amount of tax paid by families.For those lucky enough to have cash-generating assets, they also offer a great way for families to spread wealth around.The traditional method of trading for fanning businesses has been to operate as a sole trader or a partnership. These are simple to operate and understand, and they are quite flexible.
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