2. What is an Organisation?

An organisation is an entity formed for the purpose of carrying on an enterprise.

The most common business structures are sole trader, partnership, proprietary limited company, association and co-operative. 

Terminology of Boards and Board Members

Business Structure

Name of Board Members

Name of the Board

Legislation of Incorporation

Sole Trader

N/A

N/A

N/A

Partnership

N/A

N/A

Different legislation per state

Company

Directors

Board of Directors

Corporations Act 2001

Association

Officers

Executive Committee

Different legislation per state

Co-operative

Directors

Board of Directors

Different legislation per state