We are working with some wonderful Pacific Island people living on the Gold Coast, to establish a Charitable Trust, the donations to which which will be used to fight the Club Foot syndrome, which is prevalent in 7.0 % of new born children in the Pacific Islands. The Charitable Trust will work with a training …
Whether you intend to buy a small business, or to set one up from scratch, there are many costs which are often overlooked by owners and which, if not incurred, could cause them to suffer financial pain later on. Not doing things properly and spending the required amounts, adds to the probability that your business …
The Cost of Establishing a Substantial Small Business (buying one; or setting one up) Read More »
There are many cases where small-to-medium-sized businesses are conducted via a discretionary trust set up by Mum and Dad. There is a family company trustee of the trust. The business assets of the Trust often represent distinct businesses in themselves, for example, retail stores or restaurants, or properties. Often times, as part of their succession …
FAMILY BUSINESS TRUSTS AND NOMINATING A CHILD AS BENEFICIARY OF A CERTAIN ASSET Read More »
As from 12 November 2016, in general terms, small businesses who enter contracts will find that they do not have to accept ‘take it or leave it’ standard-form contract conditions. The objective of the change in the Federal law will be to stamp out unfair and one-sided contracts for small businesses in commercial dealings. In …