SME Situations
Starting & Protecting the business – Module 1 (BIZ1)
Overview
With over 270,000 SMEs, there are golden opportunities for estate & financial planning.
Highlights
STARTING A COMPANY
Discover why companies are the preferred structure of SMEs. Understand the Constitution, Shareholder and Directors rights, powers and duties.
RUNNING THE COMPANY
Understand requirements like financial statements, audits, AGMs and EGMs. Know the types of loans usually obtained by SMEs. Important terms of personal guarantees.
PROTECTING THE COMPANY
How business & keyman insurance works. When are premiums tax deductible and whether tax deductibility should be a significant decision factor.
Curriculum
- Starting the Company
Different business entities
The Constitution
Transfer and transmission of shares
General meetings
Shareholders v Directors - Running the Company
Reporting requirements
Types of SME loans
Personal Guarantees - Understanding company liabilities
Business insurance
Keyman protection
Tax deductibility of premiums - Approaching SMEs
What keeps them awake
Course Fees
Online Training
$1,000/person
$100*/person
*After 90% IBF Subsidy.
*Terms & conditions apply. Valid till 31 December 2021.
In-Person Training
$1,200/person
$120*/person
*After 90% IBF Subsidy.
*Terms & conditions apply. Valid till 31 December 2021.
Course Duration
8 hours over 1 day or 2 half days.