ASIC’s Small Business Director Essentials is a standout initiative. I worked through the resource recently and found the roadmap feature intuitive and practical. What impressed me most was the embedded e‑learning module — complete with a quiz and a lock‑out mechanism that prevents you from advancing until you’ve passed.
Why This Matters
- For non‑professional directors using a company as their business vehicle, or operating through trusts with corporate trustees, this tool hits all the right buttons.
- The roadmap and quiz ensure directors don’t just skim obligations — they actively engage and demonstrate understanding before moving forward.
- It’s a positive contribution to an area that is often ignored in the rush to get a business started.
My Takeaway
This is a seriously good starting position for working directors. ASIC has delivered a resource that will help directors navigate their duties and understand what the responsibilities of a director will be prior to agreeing to be one.
A strong, practical step forward for small business operators.
Click here to access the resource.
