Based on the business structures in Australia,

S.No	Business structure	Sole trader	Partnership	Company
1	Setting up difficulties	No difficulty in setting up	No difficulty in setting up	There are setting up difficulties
2	Registration expenses	Small registration expenses	Small registration expenses	huge expenses in registration
3	Unlimited Liability	if the business goes under debt, even personal assets can be sold	if the business goes under debt, even personal assets can be sold	if the business goes under debt, personal assets will not be sold
4	Complete control over business	there will be complete control	there will be complete control	No complete control
5	Raising capital	There will be difficulty in raising capital	easy to raise capital as compared with Sole trader	Easy to raise capital
6	Tax planning through the splitting of income	Tax planning cannot be done through income splitting	Tax planning can be done through income splitting	Tax planning can be done through income splitting

Provide advice and evaluate the business structure for Fonterra Co-operative Group Limited. You must advise whether the business is using the most appropriate business structure. (If you think the business is using the most appropriate business structure, you must explain why. If you think another business structure is more appropriate for the business, you must explain why). You are expected to use information that you gained from your research of the chosen business and its industry to weigh up the various business structures and assess which business structure is best for the chosen business.