Changing business structures
Students explore reasons why a business might change its legal structure. They examine several business scenarios to decide which business structure is the most suitable considering changing circumstances. This includes using an interactive calculator to determine the tax liabilities of different structures.
Reasons for changing business structures
Student learning resources
Choosing a business structure when circumstances change
Business tax calculator
Suggested activity sequence
This sequence is intended as a framework to be modified and adapted by teachers to suit the needs of a class group.
- Display and explain information on the visualiser. Ask students to provide an example of each reason for changing a business structure.
- Students complete the worksheet. As part of the worksheet requirements, students will need to use the business tax calculator.
- Discuss student decisions on which business structure they chose for each business and why.