Home – New Forums Money matters To sell software myself or through wife’s business? Reply To: To sell software myself or through wife’s business?

James Millar
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brownbag, post: 267951, member: 112769 wrote:
In terms of creating a new entiry, yes, probably eventually but for now, while we don’t know if it will gain any traction, that seems unnecessary. I’d want to know if I’ll make any money from it (at least two customers) before I go into the effort of getting a company/trust structure

In terms of optimising the tax structure, unfortunately you may need to take an educated punt on the prospects of the software being sold to third parties. You really need to park it in the right entity before you make your first sale and it may make a very big difference at a later stage if you don’t.

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