Lawyer, blogger and aspiring entrepreneur, Eddy is the Founder and Principal Lawyer at entrelegal.com which provides smart law solutions for fellow entrepreneurs and small business.
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"Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom." - Jim Rohn
As a soloist you can’t afford to overlook legal risk. Put a plan in place to protect your personal assets before a claim is made against you. Once you are being sued, it’s already too late.
When starting a business in Australia there are certain government registrations and licenses you need to know about. This article shares some basic info on ABN, GST, legal structure, business names, trademarks and more.
When it comes to planning your financial affairs, the family trust structure is certainly worth considering. It allows for income to be distributed through the family and helps with reducing tax.