Sole trader regulations in Australia
Posted by Melissa Ramsden in Jul, 2014
What are sole traders? A sole trader is a simple business structure. Set up in an individual’s name, therefore it is that sole person who manages, operates and is the only person liable for all aspects of their business because in the eyes of the law you and the business are one. What are sole […]
Category: BSBSMB402
Net Profit
Posted by Melissa Ramsden in Jul, 2014
What is net profit? Net Profit is a total of the amount of money earned or lost after subtracting all of the expenses from the Gross Profit. What is net profit like? Net profit is like an old car, at first it might not work but with hard work, determination, dedication and on going maintenance […]