Small Business Resources
Under a Discretionary Trust, Can Beneficiaries Dispute a Trustee’s Decisions?
The nature and benefits of a discretionary trust have been discussed in a previous article. This article will delve further into discretionary trusts, aiming to address the question of whetherRead More
Should I Run My Business as a Trust?
There are many ways to run a business and trusts are a method which offer several benefits for businesses particularly in regard to tax, liability, and management. When compared toRead More
What are the Tax Benefits of a Trust?
Neither discretionary or unit trusts incur taxes. Rather, the beneficiaries are taxed on the income and profit that they obtain from the trust. However, the trust may generate income thatRead More
What is a modern slavery statement?
A modern slavery statement is an annual report made under the Modern Slavery Act 2018 (Cth) about a business’ risks of modern slavery in their operations and supply chains andRead More
How can I legally run a competition for my business?
Are you looking to run a competition or contest as an advertising method? Competitions can be an effective way to grow your brand and build your mailing list and socialRead More
What Are Trade Secrets?
A trade secret is broadly defined as it can essentially be any confidential information of value. Trade secrets are considered intellectual property. However, unlike other IP rights, trade secrets canRead More
What Business Structure is Best for my Business?
There are countless decisions that one has to make when starting a business. However, there is one decision that is crucial in determining the future success of your business, andRead More
