Choosing a biz structure shouldn’t feel like spinning a wheel and hoping for the best. In this episode, Aly G and Leethal Lee break down the tea on sole trader vs company vs trust, minus the boring textbook vibes.

We’re talking:

✨ The tax traps that catch first-time sole traders off guard (hello, double whammy tax shock 👀)
✨ Why the ATO has been tightening the screws on payment plans and remitting general interest charges
✨ How to avoid sliding into a totally preventable debt spiral
✨ What “asset protection” actually means in real life
✨ And how your structure impacts funding, privacy, and future growth

Then we get real about company life. Yes, there’s the capped corporate tax rate and shiny “separate legal entity” perks… but there are also very real director duties that ASIC and the ATO absolutely enforce. And if you’re selling your own skills? We unpack the personal services income rules that can wipe out that dreamy “company tax advantage.”

Trusts? Oh, we go there.
Discretionary distributions. Capital gains tax concessions. Flexibility. Wealth-building power. And the ATO’s very clear position that cash needs to match the paperwork.

We share the war stories, family law battles, unexpected losses, liquidations, shadow directorship drama, messy money flows, and the lessons that come with them.

We break down:
✔️ Why the modern “company + trust shareholder” stack is popular
✔️ When that setup doesn’t make sense
✔️ What you’re really signing when you become a director
✔️ How to balance tax savings against legal risk
✔️ And how to protect yourself from coercive decisions

We wrap with a no-fluff setup checklist:
ABN or ACN?
Business name?
GST?
Separate bank accounts (non-negotiable)?
Smart software?
Insurance?
Record-keeping that actually scales?

If you’ve been overthinking your structure or low-key avoiding it because it feels confusing, this one’s for you.

Make sure to follow the show and join us with bold moves, big wins, women leading the way.

Here is a handy checklist that you may find useful

SHE MEANS BIZ IS PROUDLY BROUGHT TO YOU BY OUR SPONSOR

Ignition | Spending days engaging clients? Chasing late payments? Dealing with scope creep? We get it. Ignition helps accounting and professional services businesses reclaim time, profitability and cash flow. Automate proposals, billing, payments and workflows in a single platform

Every biz starts with a spark, that cheeky little idea that won’t let you sleep or shampoo in peace. In this episode, we dive into the thrilling (and sometimes terrifying) early days of turning your “what if” into a real-deal biz.

Hosts Leethal Lee and Aly G unpack how to validate your idea, build confidence, and back yourself before the bank will. We talk biz plans (yes, really), branding blunders, and why being bold, brave, and agile isn’t just cute inspo, it’s essential.

You’ll hear the juicy story of how All In Advisory came to be, why talking to literally anyone about your idea matters, and the tools and mindset you need to go from dreamer to doer.

Whether you’re in the “is this a side hustle or nah?” phase or knee-deep in rebrands this one’s for you.

🎯 Takeaways:

• Why your biz plan is your North Star
• How branding fear held them back, and what changed
• Free tools, pro tips & starting like you mean it
• The power of consistently showing up

💬 Mantra of the episode: Start how you want to continue. Be bold. Be brave. Be all in.

SHE MEANS BIZ IS PROUDLY BROUGHT TO YOU BY OUR SPONSOR

Ignition | Spending days engaging clients? Chasing late payments? Dealing with scope creep? We get it. Ignition helps accounting and professional services businesses reclaim time, profitability and cash flow. Automate proposals, billing, payments and workflows in a single platform

Welcome to the very first episode of She Means Biz, the podcast where bold moves meet big wins, hosted by your resident straight shooters: Aly G and Lethal Lee.

We’re kicking things off with a peek behind the scenes, who we are, why we started this podcast, and what happens when two award-winning accountants decide they’re so done with boring biz talk and ready to build something that actually hits.

Aly G is the go-to voice for biz owners who want real talk, not recycled advice. Lethal Lee? She’s the strategy sniper, always three steps ahead with systems and smarts. Together, we’re here to bring you a podcast that cuts through the noise, no jargon, no sugar-coating, just real talk for real biz owners.

This episode is part origin story, part manifesto, and all heart. If you're building a biz and want insight with impact (plus a few laughs along the way), you're in exactly the right place.

SHE MEANS BIZ IS PROUDLY BROUGHT TO YOU BY OUR SPONSOR

Ignition | Spending days engaging clients? Chasing late payments? Dealing with scope creep? We get it. Ignition helps accounting and professional services businesses reclaim time, profitability and cash flow. Automate proposals, billing, payments and workflows in a single platform