How many shares do i need to register a company

How Many Shares Do I Need to Register a Company?

Australia ranks No. 3 among 181 economies for «ease of starting a business» according to a summary of a study entitled, «Doing Business 2009».

Indeed, it is relatively easy for anyone to set up a new company in Australia. Registration can be completed online and in as early as one day. Other business requirements such as business name registration and goods and services tax registration may also be completed online.

Existing corporation laws make it possible to register a company quickly. Unlike most countries, Australian law does not require a new company to have a constitution or a set of articles for its incorporation. Corporate seals for Australian companies are also optional now.

In other countries, regulatory agencies usually require incorporators of new companies to come up with a minimum amount to support an application for registration. This amount is divided into shares and must be verified by means of a bank certificate stating that the minimum paid-up capital is in deposit.

In Australia, however, this is not the case. Australian start-up businesses are not unduly burdened by strict minimum capital requirements.

Australian corporation law does not specify how many shares a proprietary company must have nor how many shares each shareholder must own or hold in his name. The only requirement is for a proprietary company to have at least one shareholder.

In the Form 201 to be submitted to the Australian Securities and Investments Commission, the applicant for company registration must also include a list of its shareholders and their respective shareholdings. A breakdown of the amounts paid and owed from each shareholder must also be indicated. There may be no minimum amounts required, but it is a practical measure for you to raise an amount that is sufficient for your company’s operations.

Once your shareholdings and those of your other shareholders are stated in the registration form, the same shall form part of your company’s details. Any changes therein will have to be reported within twenty-eight (28) days under pain of penalty. Furthermore, since your liability for your company’s obligations is limited by the value of your shares, you will have to keep all information about the status of your shareholdings current.

Another point to consider is how much capital you should be able to show to prospective business contacts. It is a fact that new clients normally consider the shareholder base of a company in assessing its stability. Meager capital resources may put your company at a disadvantage. Other companies also maintain minimum standards when dealing with new companies. They may consider capital size as a prerequisite for entering into business contracts with you.

Determining just how many shares should be issued and how much capital should be infused is a business decision for you to make. The right value should be an amount that is realistic to your shareholders, sufficient for your operations and acceptable to your clients.

This information will vary from country to country so make sure you research your local regions regulatory body before starting your company.

How to ride out a recession

How to Ride Out a Recession

The natural instincts of most businesses, is to pull in their horns when a recession looms. Just as we consumers are now abandoning the high street and reveling in frugality, so many businesses lean towards cutting costs and hunkering down.

This is a big mistake.

Great companies always outperform their competitors during hard times. They seize the opportunity to grab market share by continuing to invest in their customers, their products and services and keep a long -term focus.

Whilst many companies go to the wall during recessions, history is rich with examples of those that built unassailable gains and rode to greatness in these periods. Some of the world’s most significant inventions and most successful corporations were born during depressions or recessions. New needs emerge in such times: Health insurance was born out of the US Depression as were stereo recordings, digital computers, Monopoly, sunglasses, ballpoint pens and bubble gum, to name but a few. Messrs Hewlett and Packard got their products rolling from the famous garage in 1939. Despite industry in crisis and companies going under, Fortune magazine, the world’s first and most successful business publication was born at the height of the Great Depression : this was a counter-intuitive and risky venture at the time, but proved an unqualified success.

Continue to invest – your money goes further
During recessions, when everyone else is cutting back on marketing expenditure and research and development efforts, the wisest companies continue to invest in these. They are often able to do so because they managed their businesses prudently during easier times, keeping costs under control and building a valuable war chest. This makes sense, as during a recession money goes further, as suppliers cut costs, and are ready to make deals. For those with available resources, this can be a great time to get acquisitive. Sadly most firms work the other way round, spending freely in good times and then savagely cutting costs when times get tough.

Lavish time and effort on customers
For those companies or small businesses that haven’t built up a war chest, there are still great opportunities. What they lack in funds they can make up in time and effort, by lavishing attention on customers. This means spending time to listen to them and find out how to serve them better; to get them to collaborate in dreaming up new products or solutions; to look for ways to offer them more value, rather than lower prices and to find ways to lock in their loyalty.

Keep on advertising
Advertising and marketing is often the first spending victim of recessionary cost-cutting. It is such an easy budget to slash, but you do so at your peril. Look for ways to use the money more efficiently, to seek out better deals and to try new approaches, but NEVER stop communicating with your target market. If your competitors cut back their spending, rub your hands with glee and see it as a golden opportunity to gain share at their expense. In a normal market, marketing is often a game of ‘tit for tat’ that makes it hard to gain ground and often results in standoff. In recessionary times, you can find yourself on an empty dance floor with the audience’s eyes trained on you alone. Go for it!

Ideas and insights are free!
Whilst money may be tight, creativity comes free, as does spending time understanding your customers’ needs. Time spent now hanging out with customers and consumers, observing them, talking with them and listening to them will yield rich insights about their needs and behaviour that will give a huge edge to your new product and service development efforts and help you hone your advertising messages.

History shows that it is twice as easy to grow share in a recession than in buoyant economic periods. Those firms that succeed in growing market share in this recession are likely to hang on to it, while those that lose it will have a tough and very costly battle to regain ground when things pick up.

Hydromet corporation limited — financial analysis review—-aarkstore enterprise

HydroMet Corporation Limited — Financial Analysis Review—-Aarkstore Enterprise

Summary

HydroMet Corporation Ltd (HydroMet) is an Australian based waste recycling company. It is engaged in providing waste management and treatment services to the heavy industry for waste disposal problems. HydroMet performs recycling of the contaminant metals by product waste residues using Hydrometallurgical technologies. The waste residues are collected from smelter and industrial manufacturing units. It also recycles lead acid batteries and plastics. The company produces metals and metal chemical products which include zinc sulphate, cobalt sulphate, copper sulphate, selenium powder, tellurium intermediate for agricultural and industrial applications.
HydroMet Corporation Limited — Financial Analysis Review is an in-depth business, financial analysis of HydroMet Corporation Limited. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed financial ratios of the company
Scope

— Provides key company information for business intelligence needs
The report contains critical company information – business structure and operations, the company history, major products and services, key competitors, key employees and executive biographies, different locations and important subsidiaries.
— The report provides detailed financial ratios for the past five years as well as interim ratios for the last four quarters.
— Financial ratios include profitability, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Reasons to buy

— A quick “one-stop-shop” to understand the company.
— Enhance business/sales activities by understanding customers’ businesses better.
— Get detailed information and financial analysis on companies operating in your industry.
— Identify prospective partners and suppliers – with key data on their businesses and locations.
— Compare your company’s financial trends with those of your peers / competitors.
— Scout for potential acquisition targets, with detailed insight into the companies’ financial and operational performance.

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Internet sourcing

Internet Sourcing

At the end of it, internet sourcing is all about being a part of supply chain management platform and sourcing strategy, if you ask guys from global sourcing or multinational purchasing companies. Thanks to broadband and the patronization internet sourcing enjoyed from global sourcing and multinational purchasing firms, internet sourcing is all set to become more and more powerful. Let’s face it, many American corporations enthused by the consumers’ shopping spree over the internet are out to prove a point or two, leading to an increased global sourcing activity.

-Drivers of Internet Sourcing By Multinational Purchasing

The biggest of the drivers for multinational purchasing as well as global sourcing companies to prefer internet sourcing is the fact that the booming consumerism backed by some of the low cost, reasonable quality electronic products from China which rekindled the desire to own things they would otherwise think twice to buy. Apparently, taking recourse to the old and traditional ways to multinational purchasing would fail to meet demand surges and will most definitely throw global sourcing companies in the lurch.

But is this sufficient enough reason for the mature global sourcing market to jump on to the internet sourcing band wagon for a complex multinational purchasing process? Well, look at some facts here. Internet sourcing, for multinational purchasing activities by global sourcing companies helps strengthen proceedings for global sourcing, making use of consolidated purchasing in addition to deepening the association between themselves and manufacturers/suppliers, through combined execution of internet sourcing. Major global sourcing firms are no more afraid of taking internet sourcing route for faster and perceivably secure procurement, no matter how big the multinational purchasing deal may be.

-Patronization by Multinational Purchasing Firms

This patronization of internet sourcing by global sourcing majors reflects on another face the multinational purchasing activities are shifting at. Internet sourcing is not always about savings but its mathematical precision with which it facilitates vendor listing, source development and sets the ball rolling.

It is for sure that more and more global sourcing companies are moving towards internet sourcing for their multinational purchasing needs because of its real time performance and pricing. Thanks to a recent report by Guardian, the rise in internet sourcing can be attributed to the rise in online retail sales which is over and above the traditional counter sales which consequently pressurized global sourcing agencies for adapting more efficient and quicker multinational purchasing models.

Is residual income for everyone

Is Residual Income For Everyone?

That question is always asked by many people. How on earth it is possible to create a residual income since most of the people can not proceed a single sale? The Myth which spreads around is simple but very misleading. » Sell to your downline and forget. You will become reach with their efforts»

What a walloping lie! If you don’t help your downline what chances do you have to succeed? None. If you don’t help them learn from your mistakes and avoid them how They will create their downlines?

Residual income is based on successful duplication. Period. Not everyone can be the best salesman or having the charisma of sociability in full scale . (although we all should cultivate that).

So, what remains is the network marketing system which includes all the necessary tools to succeed. Ask yourself. How network marketing giants created downlines of thousands and earning six figure income? They used the tools and strategies their uplines used and they forward them to their downlines.

Another misconception is the «Get Rich Quick» mindset which means less effort combined with Gazillions of dollars . Yes, network marketing can provide astonishing residual income if done right but that’s far away of the «make money Now» false promises many distributors diffuse.

95% of the mlm home based businesses fail because people think they will quit their 9-5 day job in 2 months. Plus they don’t consider it as a Business, which exactly is.

Although huge corporations and multinational companies have applied network marketing strategies as a fraction of their total marketing efforts and even if mlm is a marketing course for universities like Stanford many people consider it as a scam or «pyramid scheme».

They still don’t get it. Having 1% of the efforts of other people is much better than 100% of your own efforts. The potential is unlimited especially today with the internet and over 600.000.000 internet users which will be over 1.000.000.000 in the next 10 years.

One final misconception is the begging principal. If you join an mlm business opportunity you have to beg your cousin , uncle, your mate from the army you haven’t seen him for 15 years and so on. Calling them and begging them is the primary step to success. Right?

Wrong! You need targeted people to start with. It could be purchased mlm leads or combined online advertising methods it doesn’t matter, it has to be targeted to specific group of people having the same interest and goals with you. In that case network marketing business.

By doing that your mlm downline sign ups will explode . The more target and precise you will be the more success you will have. It’s the fundamental rule of all kinds of marketing.