QUESTION ONE You are a graduate at a business advisory practice. Jemma, a client...
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QUESTION ONE
You are a graduate at a business advisory practice. Jemma, a client of the firm, has booked an appointment to seek advice and assistance in incorporating a company. Jemma currently runs a cafe in North Melbourne as a sole proprietor and roasts her own blend of coffee sourced from an ethical plantation in Papua New Guinea. Jemma currently employs three university students on a casual or part-time basis. Jemma wants to expand her business by selling her coffee blend to other cafes around Victoria.
REQUIRED
- a) Advise your client on the legal and practical consequences of incorporating a company to run the business.
(5 marks)
- b) Listfivequestionsthatyouwillneedtoasktheclientinthemeetingsothatyouareable to complete the company registration on the clients behalf. For each question, explain why this information is required or is otherwise important.
(5 marks) TOTAL = 10 MARKS
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