Small Business Resources
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
What is a De Facto Director?
Company directors are responsible for the general management of a company and oversee all business activities. A person becomes a director by being appointed to the position, and every companyRead More
How do I appoint a company director?
The appointment or removal of a company director will only be valid if certain steps are followed. Failure to follow these steps could result in fines and in the appointmentRead More
Difference between a Memorandum of Understanding, Memorandum of Agreement and Contract
The difference between a Memorandum of Understanding (MOU), a Memorandum of Agreement (MOA) and a contract is that only contracts legally bind parties to an agreement. Both memorandums can beRead More