"set-up a separate company with shareholding% as you see fit.
sole traders etc have significant tax issues when any income is declared."
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Shastapatch's Discussions
Joint business venture, simplicity the key
4 Replies
Started this discussion. Last reply by Fudge Mar 2, 2009.
Micro company mega issues for self-supporting 59-year-old
8 Replies
Started this discussion. Last reply by Miffy Jul 5, 2008.
Shastapatch's Page
Latest Activity
jacquesk replied to Shastapatch's discussion Joint business venture, simplicity the key"My only suggestion is that if you are going to go into business with a friend then treat it as a business and do not rely at on the friendship. I have seen schemes, businesses, shared assets and the odd friendship turn sour when the business details…"
Profile Information
- What is your Money Confession? (Your biggest money win or stuff up)
- Misguided trust; inexperience
Comment Wall (6 comments)
- At 0:50 on August 4, 2008,
Zed Berlin said… - Hi Shastapatch, we've all trusted the wrong person at some stage. Was yours a partner?
- At 14:08 on July 6, 2008,
Mary M said… - Pretty all the same. Your ex wasn't all bad then ;)
- At 14:26 on July 5, 2008,
Kylie said… - Hi and thanks Shastapatch,
Yes I would prefer to leave headaches behind and I am worried that the difference will be eaten up in fees and panadol. I will research legal binding agreements, and think again about what is best for the kids.
Kylie
- At 18:45 on June 27, 2008, Mary M said…
- Hi Shastapatch, welome! Nice image and I love the name. What does it mean??
Mary M
- At 5:04 on June 27, 2008,
moksha said… - hi shastapatch - again! will you be 'my friend'? feel like we will probably have some on common...thanks
- At 5:01 on June 27, 2008, moksha said…
- Hi shastapatch...great name! reminds me of a beautiful place in oregon! also loved your picture - would love to hear more about misguided trust - what is that? is that like following some advice that didnt work out?
Latest Activity
Bankruptcy ben replied to Stephen's discussion How to Cancel a Part IX Debt Agreement"Hi I work for a Debt Agreement administrator. There are 3 ways to end a debt agreement, you pay it out in full, you can apply to have the agreement terminated (however interest backdates from the start of your agreement), or you can offer to make a…"
Cliff Mearns replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"Ben, let's not lose the loop. How financiers view bankruptcy is not relevant to the discussion of an individual's capacity to pay something. Bankruptcy is being utilised as a means of evading debt obligations. "
Bankruptcy ben replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement"I agree with the setiment however in reality there's nothing to encourage an individual to make a payment with a Debt Agreement! While technically it's different most financial companies regard it as the same as bankruptcy."
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