Jack and Jill have been happily married for 10 years. They own a large property near Wagga Wagga, NSW. They own several valuable pieces of art, including an original Frederick McCubbin, which they proudly display in a gallery at their home. They do not have any children. They run several businesses from this property, including a large cattle farming business and a transport business. The cattle farming business includes 50 breeding cows. They do not employ any staff (other than themselves) for their cattle business. Jack and Jill receive around $50,000 per year in revenue from the farming business (primarily from selling calves). Jack and Jill own 5 trucks which they use for their transport business. Jack and Jill employ 10 truck drivers for the transport business. They receive around $2 million in revenue from the transport business out of which they have to pay wages and expenses. Jack and Jill would like to expand the transport business but likely do not have sufficient capital to expand the business at this stage. Jack's brothers, Jerry, George and Cosmo, live in Broome, Western Australia. They have expressed interest in investing in the transport business but would not be able to leave their home in Western Australia. Jack does not always get along with his brothers. Advice sought Please advise Jack and Jill as to the best business structures for their businesses. As part of your advice, please discuss which business structures might be available and make a recommendation (you do NOT need to consider trusts or joint ventures). Please include a discussion and advice how to bring other investors into the transport business and what this means for the business