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3 tips for success in starting a business!

3 tips for success in starting a business!

3 tips to start a successful business.   So you’ve been toying with the idea of starting a business. You have the idea, you have the means, so how do I monetise it?  In a saturated marketplace, going out on your own can be extremely daunting....

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Is it time to update your Will?

Is it time to update your Will?

What is Estate Planning?   Wills and Estate planning (also referred to as succession planning) is the process of putting strategies in place to ensure your personal and business interests are managed according to your wishes when you pass away or if you lose...

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Are you at risk of a DPN?

A recent ATO crackdown on unpaid tax liabilities could leave you being personally liable for the costs.   A Directors Penalty Notice (DPN) refers to an ATO issued notice for unpaid tax liabilities, in which directors can be made personally...

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Have you been left out of a Will unexpectedly?

Have you been left out of a Will unexpectedly?

In the world of estate planning and inheritance, being left out of a Will can be an emotionally challenging and stressful experience. But this situation is more common than many people realise. If you find yourself left out of a Will, you may have...

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How is cashflow affecting your business?

Running a business can be very rewarding but also very draining at times.   Here at Greenhalgh Pickard we aim to help all ranges of business from sole traders to companies. Managing cash flow is one of the responsibilities crucial to success. In this article we...

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Let’s talk Business Structure Combinations…

Structuring can extend beyond the use of a single entity; for example, a single business operation does not have to be confined to only a single company. There are combinations of companies, trusts, partnerships, and joint ventures, which may benefit certain types and...

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Is a Company the right choice for you?

Is a Company the right choice for you?

A company is a business structure in which you create a legal entity separate from its owners and operators that is owned by its shareholders, unlike sole trader and partnership structures where you retain the legal responsibility personally. This separate legal...

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Important steps for becoming a Sole Trader

Important steps for becoming a Sole Trader

A sole trader is the simplest form of business structure.   It is defined as a business owned and operated by one person in their name. It can be relatively easy and inexpensive to set up; however, as a sole trader you’re legally responsible for...

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RBA releases first cash rate call for 2022

RBA releases first cash rate call for 2022

MEDIA RELEASE: February 1 2022   Despite speculation for the Reserve Bank of Australia (RBA) to increase the record low interest rate of 0.1 percent, the RBA have decided to maintain the current rate.   This is to be expected with 34 of the 35...

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Disclaimer: The information contained in this newsletter is provided for informational purposes only and should not be construed as legal advice on any subject matter. Readers should not act or refrain from acting on the basis of any content included in this newsletter without seeking appropriate legal or other professional advice. The content of this newsletter contains general information and may not reflect current legal developments, verdicts, or settlements. We expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this newsletter.