Business Maxims Operating a business through a company can be a great idea when starting out. But the tax benefit can be outweighed when profits have built up.
Clancy Yeates The number of corporate insolvencies has surged to its highest level in more than a decade.
Ruth Williams Small businesses struggling with tight cash flows have been warned not to fall behind on employee super payments
Business Maxims There are many ways to own and operate a business. Some of them are simple, such as a sole trader or partnership, where the owner earns income as a share of profits.
Tony Kaye Insolvencies across Australia's small business sector are soaring, with the number of companies placed into administration at the highest since 1999.
Tony Featherstone Consider this: a young entrepreneur starts an online furniture retailer with $10,000. Another starts an online pharmacy with $20,000, and a construction franchise gets going with $25,000.
Christopher Niesche When businesses go under, it’s usually not because they’re not making a profit, but because they don’t have enough cash to pay their bills.
Max Newnham Businesses who fail to pay their employees' superannuation properly face a raft of penalties and risk attracting the notice of the Fair Work Ombudsman.