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The Cons Of Being A Sole Trader
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?
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3 Characteristics Of A Trust
3 Characteristics Of A Trust
Trust is not a legal requirement like the Pty. Ltd. in a company.
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Are You Running A High-Risk Business?
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.
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Differences Between Dividends & Distributions
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...
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Can A New Business Sponsor A Visa?
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...
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How To Pull Money Out Of A Company
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?
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Should You Apply To Multiple Banks For Funding?
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
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Why Growth Is The Most Vulnerable Stage
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...
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Will Banks Loan 100% Of The Purchase Price?
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...
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The 1st Thing Banks Look At When You Apply For Funding
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...
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