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9. Ruprecht and Lawrence are partners in Trident Holdings, a business which manufactures synthetic cork products . The business is growing and Ruprecht and Lawrence
9. Ruprecht and Lawrence are partners in Trident Holdings, a business which manufactures synthetic cork products . The business is growing and Ruprecht and Lawrence are keen to obtain further capital, export their products and also reward ten loyal long-term employees who have been with them since they started the business . They decide to change their business structure to a proprietary limited company and request your advice as to the following matters: (a) What is the purpose of the Small Business Guide produced by ASIC? (b) In what way can a proprietary limited company structure be used to reward employees? () What is the maximum number of shareholders allowed for a proprietary limited company? (d) Can the business continue to be called Trident Holdings? If not, what changes must be made? ()What is the difference between a small proprietary company and a large proprietary company? (f) How may Ruprecht and Lawrence use the structure of the proprietary limited company to raise capital to grow the business? (g) Why is a company structure beneficial for a business involved in export
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