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Small Business Resources
What is Voluntary Administration?
Voluntary Administration is a process whereby a company that has become insolvent is administered by an independent party who is placed with assessing all available options to produce an outcomeRead More
How do I pay a company director?
Company directors normally get paid for their services through a salary, directors’ fees or dividends. Directors only receive payment for services if this is provided by the organisation’s constitution orRead More
What Does Pty Ltd Mean in Australia?
The words Pty and Ltd are commonly seen on company names and documents, however the meaning behind these terms is not as well known. Within this article we will breakRead More
What are the pros and cons of being a Sole Trader?
Operating a business as a sole trader has its pros and cons, and there are a lot of factors that determine whether this structure is appropriate for your business. ARead More
What is the Difference Between an ACN and an ABN?
In order to legally run a business in Australia, you must register for either an Australian Business Number (ABN) or an Australian Company Number (ACN). Determining whether you need toRead More
What is the Difference Between a Notary Public and a JP?
Justices of the Peace (JP) and a Notary Public are different forms of public officers who can certify documents. Whilst their roles are similar in the sense that they bothRead More
How Does D&O Insurance Work?
What is D&O Insurance? Directors and Officers Insurance covers a company’s executive from personal liability. Whilst a company is a separate legal entity that can be sued, there are instancesRead More