Business Articles

Best Entrepreneurial Cities in Australia: Shepparton Leads the WayDoes the location of your startup determine how successful it will be? Absolutely. The nearer you are to your materials, labor power and your target market, the more chances you’ll have of success. To...

Contents What is Voluntary Administration?  Key Reasons to Opt for Voluntary Administration  The Process of Voluntary Administration  Employee Entitlements in Voluntary Administration  The Best Outcomes for Different Creditors in Voluntary Administration  Benefits of...

Contents What is Receivership?  Causes of Receivership  Duration of a Receivership  How a Company is Affected During Receivership  The Roles and Responsibilities of a Director  The Role of a Receiver  How Receivership Impacts Creditors Impact of Receivership on...

Contents What is Insolvency? Signs of Insolvency Types of Insolvency The Insolvency Processes Difference Between Insolvency and Liquidation ASIC's Role in Insolvency What is Insolvency? Insolvency occurs when a company or person faces such significant financial...

Contents Ordinary Shares  Preference Shares Dividend Access Shares What are Ordinary Shares?  Ordinary shares, often referred to as common stock, are units of equity ownership issued by a company primarily to its founders. These shares grant holders certain privileges...

Contents What is a Creditor?  What is an Unsecured Creditor?  Common Scenarios Leading to Unsecured Debts  Position in the Hierarchy of Claims  Rights of Unsecured Creditors  Responsibilities of Unsecured Creditors  Challenges Faced By Unsecured Creditors  What is a...

Contents What are Secured Creditors?  Rights of Secured Creditors in Case of Default  Importance of the Personal Property Securities Register (PPSR)  Difference Between Secured and Unsecured Creditors  Challenges Faced By Secured Creditors  What are Secured...

Contents What is Liquidation?  Purpose of Liquidation  Types of Liquidation  Key Steps in the Liquidation Process  Impact of Liquidation on Different Parties If a Liquidator seeks to make a claim against you Order of Payment in Liquidation  Cessation of Trading ...

ABN vs ACNABN and ACN are two separate identification numbers with different obligations. The primary difference between ABN and ACN is determined by the businesses that are required to use them. All businesses (including a sole trader, partnership, trust or Pty Ltd...

Contents What is a corporate collective investment vehicle? The deeming principle CCIV Sub Fund Trusts as Separate Entities Beneficiary’s present entitlement in CCIV sub fund trusts How to determine a beneficiary’s share in a CCIV sub fund trust How to determine...