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Latest Questions

Brett A.
Brett A.
Tooradin, VIC
1 Likes
0 Followers
Q:

I am a practice manager contemplating buying a vet practice in partnership with a Vet friend. We are currently looking into how our income should be split and paid. We are going into this venture as 50-50 partners - could you please advise on what the recommended or appropriate wages/income split would be, given we will both be engaged in different roles within the business, of which one is usually paid higher than the other?
Thanks

2 weeks ago
Bianca R.
Bianca R.
Melbourne, VIC
2 Likes
0 Followers
Q:

Hi There, We are selling retail bicycle accessories and can source products cheaper from online retailers overseas than our trade accounts. Can I legally resell these products if I use a dropshipping concept of placing my clients names on the receipt? I am under the impression this would cover the client for warranty if the part was to break, Is there any other issues using international online retail suppliers instead of having trade accounts with Australian distributor. Thanks

last month
Kevin B.
Kevin B.
Roma, QLD
2 Likes
0 Followers
Q:

Have just finished creating my own website to start selling android boxes to turn your tv into a smart tv. I need some advice on setting up a business account and best way to go about it all as I already have a full time job and want to make sure I'm doing everything by the book tax wise. Just need to know my options as the website won't go line until all is sorted. Really looking to get up and running asap so need accountant to sort out all?Thank you

2 months ago
Simon J G.
Simon J G.
Melbourne, VIC
5 Likes
0 Followers
Q:

I'm setting up a creative business and want to structure it so that a portion of our profits sit in a special fund we use to create our own stories in prose, theatre and video. Currently I own a pty ltd company, and two creatives are keen to work with me on a freelance capacity, and I'll set aside 50% of the profit from jobs we do through the company, putting that into a story fund. What's the best way to structure this fund's usage, particularly when someone decides to leave the arrangement?

3 months ago
Charah J.
Charah J.
Oakleigh, VIC
1 Likes
0 Followers
Q:

I am going back and forth about whether to register a business (sole trader or partnership) vs registering a company. We are startup creative production house (up to now we've been making student films and personal independent projects) and given the nature of industry (creative arts - music/film/tv), I am sure we are going to run at a loss. Having said that I want to protect myself and team within the business. What is your suggestion or recommendations?

4 months ago
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