Sam runs a gardening supply business and has done so for five years. She supplies equipment (plants, pots, trellising, garden walls etc) to retailers.

Travis has an earthmoving business.

Sam and Travis decide they should team up and do some work together on some garden designs for private clients which would involve their doing all the work as a team.

They secure three large private garden renovations for total revenue of:

• Job 1 $30,000
• Job 2 $45,000

They split the revenue 50-50 on these jobs.

The third job is worth $75,000 and Travis estimates he is owed $50,000 for this.

Sam is surprised and ask for time to consider this.

After that, Sam is very busy for the next two months with her own work supplying retailers.

She is therefore shocked to get a call from Lorraine saying that she and Travis are in business together and things are going 'gang-busters' and they have orders for $200,000 worth of work on private gardens. Lorraine wants Sam's wholesaler contacts so she can get supplies on an urgent basis.

Going forward, Sam now wants to incorporate her business into Sam's Garden Supplies Pty Ltd; what is involved?; outline the steps and process.

Sam is intending to vend/sell the business into the new company and receive shares. As a shareholder in the new company, how can she get paid and rewarded for her efforts?

Sam wants to know what she can do, if she takes on an employee, to protect her business from that person setting up in competition against her company?