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Professional vs Amateur

Thu, 22 Dec 2005, 02:31 pm
Bill Macpherson17 posts in thread
Can anyone point me in the direction of info about the differences between setting up a professional company vs an Amateur one.

Am I naive in assuming the major difference is that some people might get paid ?

cheers

Russell Chandler

Re: Professional vs Amateur

Fri, 23 Dec 2005, 05:13 am
Walter Plinge
There are huge differences. but whether or not you choose to set up an amateur company or a professional organisation it will need to be run as a business. Each will need such things as public risk insurance. Not sure where you are but in most states there's a somemthing like the Department of Fair Trading (NSW) that will have guide lines for a constitution for an amateurt incorporated organisation... that at least contains your financial risks in setting up an amateur company.


Should you choose a professional organisation and I'm assuming that this is just for a single production why not consider a cooperative? I'm not even sure that Equity doesn't have some guide lines as to the setting up of a cooperative if not Las Mama in Melbourne, which oversees a lot of cooperative work, might be able to help.
Nic

Thread (17 posts)

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