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1. You are employed in a medium-sized accounting firm that provides a range of services and advice for business from setting up a business, to
1. You are employed in a medium-sized accounting firm that provides a range of services and advice for business from setting up a business, to conversion to another business structure, during the growth and expansion of the business and through the liquidation of the business. Workplace uniform is a small business owned and managed by two brothers Mr. Run and John. The business has been operating since 2019 in the Austria. The partners come to you to obtain professional advice on how they can save tax dollars and ensure that their personal assets are protected from business risk. Required: You task is to discuss with you clients the advantages and disadvantages of the different types of business structures. 2. What are the most common ways to acquire a private company? What are the main advantages and disadvantages of a share purchase, assets and liabilities
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