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The Cons Of Being A Sole Trader
What is the highest rate of tax you can pay as an individual or a sole trader in Australia?
3 Characteristics Of A Trust
Trust is not a legal requirement like the Pty. Ltd. in a company.
Are You Running A High-Risk Business?
Sole traders are basically the highest risk you’ve got. In terms of asset protection, it is a continuum of how comfortable you are with risk.
Differences Between Dividends & Distributions
For shareholders who own the company and who are entitled to the profits, you pay a dividend which is a payment of prior year profits to the shareholders. If the dividend is franked, which means the company has paid tax on that amount, the...
Can A New Business Sponsor A Visa?
We recently invited Michel Sulzbach and Erica Carino, directors of Bravo Migration to a webinar on the topic, ‘Hiring Temporary Residents on a Visa’ Here’s what they said - Any business could be approved to become a sponsor. The requirements to get...
How To Pull Money Out Of A Company
The first way to pull money out of a company is to pay yourself a salary. It is the context in terms of pulling money out. So, how do you put food on the table through a profit you generate in your company or trust?
Should You Apply To Multiple Banks For Funding?
We recently invited Scott McGregor, Commercial Broker at Mortar Finance to a webinar on the topic, ‘Funding Your Next Business Acquisition.’ Here’s what he said - We have conversations with a number of banks to understand their appetites
Why Growth Is The Most Vulnerable Stage
We recently invited Joanna Oakey, Director of Aspect Legal to a webinar on the topic, ‘The Legal Challenges of a Growing Business’ Here’s what she said - Why is growth the most vulnerable stage? Growth is the most vulnerable phase for a business...
Will Banks Loan 100% Of The Purchase Price?
We recently invited Scott McGregor, Commercial Broker at Mortar Finance to a webinar and we asked the question, "Will the banks loan 100% of the purchase price? Or do they still look for that particular?" Here’s what he said - In general, a bank...
The 1st Thing Banks Look At When You Apply For Funding
We recently invited Scott McGregor, Commercial Broker at Mortar Finance to a webinar on the topic, ‘Funding Your Next Business Acquisition.’ Here’s what he said - It comes down to the management experience and their skills, the industry that they...