Levels Tought:
Elementary,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 261 Weeks Ago, 3 Days Ago |
Questions Answered: | 20103 |
Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Your overall task is to advise a client or clients on how to
Â
structure their business – either as a sole trader, partnership, joint venture,
Â
or company. You do not have to consider all four of these in your advice
Â
– which ones are relevant will depend on the clients’ circumstances. You
Â
should not consider trusts, as they are used primarily to minimise tax, and
Â
tax law is not part of this course. (Assume that the clients instruct you
Â
that they’ve had bad past experience with trusts, because of the extra
Â
administration and accountancy fees that trusts create, and they don’t
Â
want to do that again). You should generally avoid any substantial advice
Â
on tax, although you can make some basic comments. The tax
Â
implications of business structures are a lot more complicated than
Â
websites (such as the ATO) suggest, and since tax is not part of this
Â
course, it is best to avoid it.
Â
In order to provide this advice you need to perform these 4 sub-tasks:-
Â
1. Draw up a list of questions to ask your client so as to gather the
Â
information and instructions necessary for you to advise.
Â
2. Write down your clients’ answers to the questions, including any
Â
follow-up queries to clarify the answers.
Â
3. Research the law relevant to your advice.
Â
4. Write an advice directed to the clients’ situation, including a
Â
recommendation on the best form of business structure for their needs.
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l