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42-677: GHD Group Pty Ltd (formerly known as Gutteridge Haskins & Davey) is a global employee-owned multinational technical professional services firm providing advisory, architecture and design , buildings, digital, energy and resources, environmental, geosciences, project management , transportation and water services. GHD employs more than 11,000 people—engineers, architects, planners, scientists, project managers and economists— operating in over 160 offices across five continents serving clients in water, energy and resources, environment, property and buildings, and transportation markets. GHD has delivered projects in over 135 countries. GHD

84-558: A Limited liability company but elects to be taxed as a Corporation , the IRS no longer recognizes the individual as a sole proprietorship. The setting-up process of a sole proprietorship to comply with local laws and regulations, is obtainable from the Small Business Development Center (SBDC), using their locator facility. A sole proprietor must be prepared to devote their time, utilizing business methods towards establishing

126-458: A sole tradership , individual entrepreneurship or proprietorship , is a type of enterprise owned and run by only one person and in which there is no legal distinction between the owner and the business entity . A sole trader does not necessarily work alone and may employ other people. The sole trader receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts . Every asset of

168-561: A business name other than their true surname must register that name with the Companies Registration Office (CRO). In Malaysia, there are three laws governing the registration and administration of sole proprietors:- In West Malaysia, the registration of sole proprietors come under the purview of the Companies Commission of Malaysia ( Suruhanjaya Syarikat Malaysia , abbreviated as SSM ). In Sabah and Sarawak (with

210-454: A business that may not qualify for traditional financing from institutions, such as banks. For the sole proprietor, seeking to take advantage of this facility, there are various factors that must be understood and adhered to regarding the loan application . The Small Business Administration (SBA) advises that there are traditionally two forms of financing: debt and equity . For any small business owner seeking funding, they must consider

252-428: A business to begin trading; the requirements for record-keeping are far more straightforward than other business structures. Sole traders make all operational decisions and are solely responsible for raising business finance. They can invest their own capital into the business, or may be able to access business loans and/or overdrafts. Unlike limited companies or partnerships, it is not necessary to share decision-making or

294-478: A contribution remains upon the owner and cannot be renounced or apportioned . This is transposed by the unlimited liability attached to a sole proprietary business. The owner carries the financial responsibility for all debts and/or losses suffered by the business, to the extent of using personal or other assets to discharge any outstanding liabilities . Thus, the owner of a sole proprietorship may be forced to use his/her personal holdings, such as his/her car, to pay

336-433: A credit bureau; for example, Trans-Union, Equifax or Experian . This action should be initiated by a business owner well before starting the borrowing process. The Small Business Administration specifies that all credit reports received from any source should be carefully reviewed to ensure that all relevant personal information is correct. Other content in the report should also be examined particularly that related to

378-412: A formal procurement process for engaging professional services. Prices for services, even within the same field, may vary greatly. Professional-service providers may offer fixed rates for specific work, charge in relation to the number or seniority of people engaged, or charge in relation to the success or profit generated by the project. Sole proprietors A sole proprietorship , also known as

420-419: A grant in their capacity as an individual. Local governments and state economic development agencies, frequently make grants available, for businesses that stimulate their local economies . For any sole proprietor applying for a loan, before starting the loan procedure, it is essential that their personal and business credit history is in order and up-to-date. A personal credit report should be obtained from

462-549: A limited company. It can also be the case that within certain industries, it is easier to secure work if presenting potential business partners with a limited company structure. In the United States, there are no formalities that must be followed to start a sole proprietorship or commence business as a sole proprietor. However, depending upon the business activity of the sole proprietorship, sole proprietors may require licenses and permits in order to conduct business. According to

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504-473: A percentage of the profits, generated by the business. To assist sole proprietors, there are business grants available from the Federal Government or private organizations, providing certain criteria are met. To qualify for Federal grants, small businesses must comply with determined business size and income standards. For consideration regarding various grant opportunities, sole proprietors may apply for

546-488: A sound and appropriate foundation. Doing so may contribute to increased turnover, profits, minimize taxes, and avoid other potential adversities. Sole owners are engaged in many varieties of industry and commerce, and a comprehensive list of the primary categories is found in the North American Industry Classification System (NAICS). The selection of a business type, by a new sole proprietor,

588-555: A survey across the UK that revealed that 40% of people in the UK are considering moving to another location as a result of the COVID-19 Pandemic. Professional services Many industry groups have been used for academic research, while looking at professional services firms, making a clear definition hard to attain. Some work has been directed at better defining professional service firms (PSF). In particular, Von Nordenflycht generated

630-446: A taxonomy of professional service firms, defining four types: Frameworks such as this aid the ability of managers and academics to better understand how such firms manage themselves and how to judge benchmark practices. There is no definitive list of occupations in professional services, but examples include the following: Professional services can be provided by sole proprietors , partnerships or corporations . A person providing

672-601: A unique New Zealand Business Number (NZBN), which any business in New Zealand can use to identify the business in commercial relationships and dealings with the government. A sole trader is the simplest type of business structure defined in UK law. It refers to an individual who owns their own business and retains all the profits from it. When starting up, sole traders must complete a straightforward registration with HM Revenue and Customs as self-employed for tax and National Insurance purposes. They are responsible for maintaining

714-442: Is in many instances, motivated by appropriate business experience in a particular field, especially those pertaining to enterprises involving the marketing and selling of defined products and services. A crucial component of a sole proprietorship within a business plan is the provision of an inherent guideline, for actions that require implementing for a business to achieve growth. The business name and products are critical aspects in

756-563: The Small Business Administration (SBA), a sole proprietor and their business are considered as one and the same; therefore, the business is not subjected to separate taxation and regarded as the direct income of the owner. Income, losses and expenses may be listed on a Schedule C, which is then transferred to the personal tax return of the owner. It is the responsibility of the owner to ensure all due income taxes and self-employment contributions are paid. A permitted exception to

798-452: The debt-to-equity ratio of their enterprise. This means the inter-action between the sum of dollars borrowed and the financial dollars invested in the business. The mathematics are simple; greater the finance invested by sole proprietors in their business; easier the obtaining of finance! The SBA statistics show that the majority of small enterprises favor the use of limited equity financing; for example, friends and relatives. According to

840-594: The 1960s was the extension of potable water and sewage infrastructure across Tasmania. GHD expanded globally in the 1970s with a joint venture in Malaysia. During the 1990s GHD expanded its services into architecture, environmental and business consulting while expanding its presence in Southeast Asia. During the 2000s GHD continued to grow through a series of mergers and acquisitions in the US, Canada, Europe, Australia, New Zealand,

882-607: The Excellence in Concrete for the Community award from Concrete. The Australian Institute of Project Management recognized GHD for the firm's Pesticide Container Management in the Pacific. GHD received an Award of Merit, Environmental from Engineering News-Record for the firm's involvement in the closure of a Puerto Rico Dump and the construction of Eloy S. Inos Peace Park. GHD Woodhead received

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924-988: The Harry Seidler Award for Commercial Architecture and a national award for sustainable architecture from the Australian Institute of Architects for the design of the Barwon Water HQ in Geelong, Australia. GHD has been appointed as the Fund Coordinator for the Australian Government’s Water for Women Fund, an initiative of the Australian Government to improve the health, gender equality and wellbeing of Asian and Pacific communities through socially-inclusive and sustainable Water, Sanitation and Hygiene (WASH) programs. In April 2021, GHD conducted

966-548: The Middle East, China, Chile and Malaysia. By 2013 GHD had grown to more than 1000 employees in North America. In 2014, GHD merged with Canadian firm Conestoga-Rovers & Associates in one of the largest private stock transactions in the engineering and environmental consulting industry, creating a combined company of 8,500 employees. At the time of the merger Conestoga-Rovers had about 3,000 employees mostly in North America and

1008-534: The SBA, but the administration does guarantee loans made by various independent lending institutions. The primary loan facility for small businesses offered by this agency is the 7(a) loan program, designed for general applications. Sole proprietors are able to finance legitimate operating expenses; for example, working capital, furniture, leasehold improvements and building renovations. Many and varied private organizations and individuals seek opportunities to invest and fund

1050-614: The SBA, there are various private organizations prepared to fund sole proprietor business operations that do not qualify for traditional financing from banks. These private investors can provide loans, credit lines, leasing facilities for equipment, or other forms of capital, to sole proprietorship that have exhausted alternative financial resources. It is also possible for these owners to obtain financing by way of business partners or others, with cash to invest. Financial partners are frequently "silent" and although they do not participate in any business related decisions, they generally receive

1092-601: The SSM took legal action against 478 online businesses that failed to register their businesses, whether as sole proprietors, partnerships, or private limited companies. As at May 12, 2017, a total of 50,882 online businesses have registered with the SSM since 2015. Sole traders in New Zealand must notify the Inland Revenue Department that they are trading and must register for Goods and Services Tax purposes if their income exceeds $ 60,000 per year. Sole traders may obtain

1134-540: The United Kingdom, while GHD had 5,500 employees across five continents. The combined company became the sixth-largest employee-owned engineering consultancy in the world, with $ 1.5 billion in combined revenue. Also in 2014, GHD acquired the brand and business of Australian architecture firm Woodhead, later renamed GHD Woodhead. In 2018 GHD opened a new North American headquarters facility in Waterloo , Ontario. At that time,

1176-555: The bronze medal for Exceptional Project Execution and Delivery at its 2018 Innovation Awards. The American Council of Engineering Companies of California honored GHD for Comprehensive Large-Scale Habitat Restoration for the wetland mitigation work the firm did with for the Border Coast Regional Airport Authority. GHD’s Ellerslie Acoustic Barrier project for the New Zealand Transport Agency received

1218-444: The business is owned by the proprietor, and all debts of the business are that of the proprietor; the business is not a separate legal entity . The arrangement is a "sole" proprietorship in contrast with a partnership , which has at least two owners. Sole proprietors may use a trade name or business name other than their legal name. They may have to trademark their business name legally if it differs from their own legal name, with

1260-418: The business's records and submitting an annual tax return for all income from self-employment and other work. If revenue is expected to be more than £85,000 a year, they must also register for Value Added Tax . A sole trader can employ staff, but is personally responsible for any losses the business takes. Becoming a sole trader is relatively simple compared to other business structures. It can rapidly enable

1302-888: The company said that the North American region accounted for over half of GHD's US$ 1.7 billion global revenue. GHD ranks #9 in international design firms operating in the US and #8 in Canada according to Engineering News-Record’s 2021 annual survey of key market segments. On 2 April 2024, Jim Giannopoulos was appointed CEO. In 2018 GHD was ranked 16th in Financial Review’s annual top 500 private companies in Australia list and 29th in Engineering News-Record’s annual Top 150 Global Design Firms. The International Water Association named awarded GHD's Birmingham Resilience Project

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1344-527: The death date to file a notice of termination. Sole proprietors must register with the Royal Malaysian Customs Department to charge and collect goods and services tax (GST) once their taxable turnover within a 12 month-period exceeds RM500,000. Similar to other Common Law jurisdiction, proprietors may enter into contracts of employment and/or apprenticeship with their employees. Sole proprietors, as employers are responsible to: In 2016,

1386-513: The debts. The owner is exclusively liable for all business activities conducted by the sole proprietorship and, accordingly, entitled to full control and all earnings associated with it. In the Netherlands, a sole trader is categorized as a "ZZPer", and must register with the Chamber of Commerce and get a VAT ID . Not all ZZPers are sole traders. In Ireland, a sole trader who wishes to trade using

1428-687: The exception of Kuching ), the registrations of businesses are done at the local authorities (e.g. municipal councils or district offices), while in Kuching, sole proprietors are registered with the Kuching Office of the Malaysian Inland Revenue Board. Sole proprietors, which includes the self-employed, must register with the relevant authority within thirty days from the commencement of their business. Sole proprietors may register their business using one of two names: their legal name following

1470-459: The founding of a sole proprietorship and once selected, should be protected. In the event of a determined brand name being legalized, information regarding trademark protection is available from the U.S. Patent and Trademark Office . For the sole proprietor, there are a variety of options in obtaining financial support for their business, including loan facilities available from the U.S. Small Business Administration . The loans are not originated by

1512-459: The process varying depending upon country of residence. Registration of a business name for a sole proprietor is generally uncomplicated, unless it involves the selection of a name that is fictitious, or assumed . In many countries, the business owner is required to register with the appropriate local authorities , who will determine that the name submitted is not duplicated by another business entity . The owner may hire employees and enlist

1554-599: The profits. Unlike many other business entities, the sole proprietorship lacks a clear distinction between personal and business income. The business owner is personally liable for income tax and National Insurance contributions due on the business profits in each tax year. They are also personally liable for any debts the business incurs. Business analysts may advise sole traders to form a limited company in order to access greater levels of financing, for example for expansion plans. This can limit their personal liability, and business lenders may be more inclined to co-operate with

1596-427: The registrant's identity card or a trade name. Registration of a business lasts for either one or two years, and must be renewed thirty days before its expiry. In the event of termination of business, the proprietor has thirty days from the termination date to file the notice with the relevant authority. If the termination is caused by the death of the proprietor, the administrators of the estate have four months from

1638-574: The service can often be described as a consultant . In law, barristers normally organise themselves into chambers . Businesses in other industries, such as banks and retailers, can employ individuals or teams to offer professional services for their customers. Major cities such as London and New York are leading global centres for professional services firms. The marketing and selection of professional-service providers may depend on factors such as skill, knowledge, experience, reputation, capacity, ethics, and creativity. Large corporations may have

1680-443: The services of independent consultants . Although an employee or consultant may be requested by the owner to complete a specific project, or participate in the company's decision-making process, their contribution to the project or decision is considered a recommendation under the law. Under the legal doctrine respondeat superior ( Latin : "let the master answer"), the legal liability for any business decision arising from such

1722-485: The sole proprietor (single owner) stipulation is made by the Internal Revenue Service (IRS) permitting the spouse of a sole proprietor to work for the business. They are not classified as partners in the enterprise, or an independent contractor , enabling the business to retain its sole proprietorship status and not be required to submit a partnership income tax return. If an individual elects to incorporate as

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1764-589: Was founded as a private practice in Melbourne , Australia in 1928 by Alan Gordon Gutteridge who operated as a consulting engineer with focuses on water and sewerage. The partnership of Gerald Haskins and Geoffrey Innes Davey joined with Gutteridge's practice in 1939, establishing the formal partnership of Gutteridge Haskins & Davey. During the 1950s and 60s GHD grew to more than 400 employees while expanding into transportation, manufacturing plants, building and civil works, energy, mining and dams. A notable project of

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