Associations Audit

In Victoria, incorporated association must oblige the Associations Incorporation Reform Act 2012 (the Act). The Act classifies the associations into 3 tiers based on total revenue for the organisation’s financial year. The tiers are: Tier Eligibility (Total Revenue) 1 < $250,000 2 $250,000 – $1 million 3 > $1 million Total revenue refers to the…

Advantages of Franchising

Franchising is a business relationship in which you (the franchisee) pay the owner of a business (the franchisor) for the right to market and distribute their goods or services over a fixed period. Buying a franchise can be a smart move, particularly if you haven’t owned a business and have no experience being self-employed. Ideally,…