Profit sharing without equity: rewarding staff without giving away your business
If you are a business owner looking to reward loyal staff and align incentives, but not ready to part with equity, a profit-sharing arrangement might be the answer.
Cracking Division 7A: how to access company profits without triggering a tax bomb
Does this sound like you? You run a successful family-owned business through a private company. Over the years, your company has accumulated profits that could help fund personal investments or assist family members. Like many SME owners, you see no harm in accessing these profits informally. After all, it’s your business, right?
In financial distress? What business owners need to know about Small Business Restructuring
When you’re facing mounting debts, overdue tax, or pressure from creditors, it’s easy to feel like the walls are closing in. For many small business owners, the fear of losing everything—your business, your reputation, your ability to keep trading—is paralysing.
However, you may have more options than you realise.
Family business: what directors need to know
In Australia, family business directors are legally bound by the same duties and risks as directors of public companies. You can be personally liable for decisions made on your watch.
Don’t get stuck in the cold: negotiating maintenance in your retail lease
Your guide to navigating the often-tricky terrain of landlord responsibilities for maintaining essential services and the fabric of your retail premises. We’ll highlight potential dispute areas and, more importantly, how you can address these in your lease agreement with our help.