Growing your business to death

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Growing your business to death

Growing your business to death

Most people are not surprised when a start up business fails. But it’s not just start ups that grow to death; it’s also a common cause of business failure for mature businesses. Start-up businesses often fail because they are undercapitalised.  They grow until the money runs out and then they can’t afford to fund further …

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Good-governance templates for small charities

Good-governance templates for small charities

The Australian Charities and Not-for-profits Commission (ACNC) and Justice Connect Not-for-profit Law has developed a set of governance templates to help small unincorporated charities registered with the ACNC. A significant number of small unincorporated organisations applying to be registered with the ACNC have trouble providing documents to establish the commission’s requirements.  The templates are designed …

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Changing business structure just got easier

Changing business structure just got easier

New rules that apply from 1 July 2016 mean that small businesses can restructure their business operations without triggering adverse tax implications. Before the introduction of the new restructuring rules, if a business restructured from say, a partnership to a trust, there was a possibility that the change in structure could trigger capital gains tax …

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