Small Business Resources
What is the Difference Between Share Sale and Asset Sale?
A central consideration when buying or selling a business is whether to proceed with a share sale or an asset sale. Whether you are a seller deciding on an exitRead More
Corporate Trustee or Individual Trustee: What is the Difference?
Trusts are generally used for asset protection reasons and to obtain tax benefits. When establishing a trust, you will need to decide whether to appoint a corporate trustee or individualRead More
How Can a Charity Apply for DGR Status?
Applying for DGR endorsement is a relatively simple procedure. The following provides a guideline for the procedure to apply for DGR endorsement: If your organisation is registered as a charityRead More
Should I Register an ABN?
An Australian Business Number (ABN) is a unique 11 digit number that acts to identify your business to both the Government and the community. The ABN registration details become partRead More
What Are the Rules around Shareholder Quorums?
In order for a company to hold a members’ meeting which is valid, the shareholder quorum in each of their meetings must be met. A Quorum refers to the acceptedRead More
Legal Issues With Restaurant Leases
Signing a lease for your restaurant business is a major financial commitment. It is important to have a clear understanding of your rights and obligations before signing a lease. ThereRead More
How do Industry Regulations work?
A wide array of industries have regulations that apply to businesses operating within them. Such businesses may be required, for example, to have a license in order to operate. BusinessRead More
What Is A Common Seal?
A common seal is a signature personalised to the company which can be used to carry out documents. A common seal is a stamp with the words ‘common seal’ onRead More