By Sarah Alexander
Early childhood education and care services differ in organisational type.
Here is an outline of the different business types that exist and the defining features and broad legal requirements for each.
Owner-Operated or Sole Trader
Any person can own or operate an early childhood service business. He/she can collect all profits and is personally liable for all taxes and debts. There are no formal or legal processes to follow in establishing the business however the early childhood service itself must comply with a range of legislation in order to operate as an early childhood service.
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