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Starting A Business

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Conducting a Discretionary Trust
A Discretionary Trust is not a separate legal entity in the same way as an individual or a company, rather it is a relationship which exists whereby a Trustee is compelled to hold property for the benefit of Beneficiaries. Here we outline the duties of the Trustee, how income and capital is distributed and other issues to consider when entering into the Discretionary Trust structure of business....More
 
What are Companies?
The advantages of the company stucture and how to form one....More
 
Price Right? Profit Right?
How do businesses determine their prices? Do you follow your competitors? Or charge a bit more than cost price? Do you charge what you can get away with? Or do you charge what you think it's worth? Here we outline strategies for determining the price of goods and services....More
 
Turnkey Business Operations : How to Create Them
A "turnkey" business is one that can operate like a well-oiled machine, and operate independently. Turnkey status is not achieved overnight. It is the result of how you conduct business on a day-to-day basis and the incremental improvements you make....More
 
Small Business Failures: Australia's Most Deadly Business Myth
Business myths are like urban myths. They are wildly exaggerated stories originally told by somebody's uncle's best friend. These stories have stood the test of time and have been perpetuated for so many generations that they're automatically accepted as fact. That is, until one day when the real facts emerge and the myth falls into disrepute. Australia's most deadly business myths are debunked here....More
 
Small Business Strategy : How Strong is Yours?
For a long time strategy has been considered one of the realms of business that you need an MBA to understand. Not true! Read our article to assess the strength of your business strategy....More
 
The Sole Trader
In a sole trader structure of business, the business decisions are being made by one person. Of course, it doesn't necessarily mean that the business has only one worker. The sole trader can employ others to do any or all of the work in the business. Here we discuss the advantages and disadvantages of the sole trader business structure....More
 
Business Leases
Leasing a premises for your place of business, whether it’s office space, commercial space or a retail premises, will be one of the biggest over-heads you’ll have to meet as a small business owner. Negotiating the right property lease for your business is key. Here are some tips and considerations to help you negotiate a favourable lease agreement. Topics covered include: commercial leases, business leases, retail leases and property leases....More
 
Companies - The Pros and Cons
In many ways a company is similar to a sole trader or partnership, except that it exists as a separate legal entity from the owners. Here we discuss various company structures of business and their advantages and disadvantages....More
 
Tips on Goal Setting
Generating success in a business requires an enormous amount of energy and dedication. However, there are certain steps you can take to find the quickest and most efficient route. Here are some tips on setting goals to achieve success quicker....More
 

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Connect with relevant service providers to help you achieve your essential business start-up tasks including assessing the viability of your business idea, buying an existing business or starting a franchise, determining the best business structure for your needs, writing a business plan and marketing plan, raising finance for your business; and marketing and launching your business. 

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