Business basics - frequently asked questions
What is a company?
A company is a type of business structure that is a separate legal entity from its owners.
What is a business partnership?
A partnership is a legal relationship of two or more (up to 20) people who together operate a business.
What is a sole trader?
A sole trader is the simplest business structure available to someone wanting to set up a business.
What is a trust?
A trust is a business structure that doesn’t have an owner or owners in the traditional sense.
Buying a franchise - what to consider
Thinking of buying a franchise? There are some issues to consider when buying.
Permitted use - what it means
Information for small business owners on permitted use in retail leases.
Exclusive use of a shop - what it means
Information for small business owners on exclusive use for tenants.
Retail leases and business competition
Information for small business owners on the challenges of competition.
Fit-outs - who pays?
Information for small business owners about fit-out costs.
Debts and bankruptcy
Information for small business owners on bankruptcy and paying debts.