Julian is establishing a company to run the business that he previously ran as a...
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Accounting
- Julian is establishing a company to run the business that he previously ran as a sole trader. As his accountant/financial adviser you have told him that he needs to have a rule book. He tells you that he is the sole director shareholder of the company currently. However in 4 weeks time he tells you he wants to make his mother and a staff member fellow directors.
Required:
Please explain to Julian why his company should have a rule book and the purpose of the rule book.
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