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Investors vs shareholders: the differences you need to know

Considering investing in a company? If you choose to invest your money into a company, you can either be an investor or a shareholder, depending on whether or not the company issues shares. Although the terms shareholders and investors are often …

The important differences between an ABN and a TFN?

When starting a new job or business, it’s always exciting but it can also be overwhelming trying to sort out all your documentation, especially if you don’t fully understand what it is. This Business Kitz blog is going to assist you …

An easy guide to a promissory note 

A promissory note is a pledge of promise. They are relatively simple documents, but it’s important that you know the basics. Keep reading this Business Kitz blog to find out more! What is a promissory note? A promissory note is a …

What is the complete definition of a hearing in court?

If you’re not familiar with the legal world, a lot of the terminology can be confusing and sometimes overwhelming. We have created a Business Kitz blog to break down what is a hearing in court and what that entails. This blog …

Intellectual property: simple definition and examples

As a business owner, you may be in charge of managing many assets on a daily basis, but there’s one important asset that is commonly overlooked: intellectual property. Intellectual property (IP) is the property of your mind or exclusive knowledge. If …

What is a summons? The complete definition

A summons is a legal notice issued on someone to inform them that they are required to take part in a legal proceeding. It is a formal order requiring the individual to respond to a civil claim or criminal charge brought …

An ultimate guide to a set-off clause

A set-off clause is commonly included in employment contracts, however, many employers don’t understand it’s purpose. It’s imperative that all employers understand what a set-off clause is, how it works and why to use it. Continue reading as Business Kitz explains …

Easy guide to long service leave in QLD

Employers deeply value loyalty and hard work, so long service leave is a great way to thank your longest, most committed employees for all of their efforts. When an employee has been with the same business or employer for more than …

The ultimate truth regarding GST and Uber Eats

With inflation constantly rising, individuals are having to come up with new ways to generate an income. Uber Eats is a great way to easily earn money with the flexibility of working whatever times best suit you. With COVID-19 forcing a …

Easy guide to tripartite agreements

A tripartite agreement can be interpreted rather literally as a tri (three) party agreement. However, because these agreements account for multiple parties’ interests, they can be a bit tricky to navigate. This Business Kitz’s blog will walk you through the basics …