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Business Advice

Latest Questions

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

last week
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 weeks 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?

last month
Mark C.
Mark C.
Narre Warren, VIC
1 Likes
0 Followers
Q:

I have a small Automotive Engineering business that currently turns over around $50k per year.
Started out with big plans 5 years ago but has now become a one man part time operation from home workshop, and I work full time for someone else.
It's still registered as a company (PTY LTD) but with operating costs like accounting fees etc it feels like it's not worthwhile.
Would appreciate advice on pro's and con's of sole trader vs Hobby business?

2 months ago
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