The Money Web

Australia’s Online Money Magazine
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Small Business Advice Articles

Changing demographics impacts business

Australia’s changing demographics provide opportunities and risks for business Health and aged care, housing construction, personal financial services and certain areas of the retail sector stand to reap the benefits of a rapidly ageing population, while population growth from migration and increasing fertility rates are likely to continue to fuel Australia’s booming ‘sun belt’ states. These key [...]

Small business in for tough times

Conditions will get worse for small business owners before they get better, according to Greg Charlwood, Chief Executive of global independent provider of working capital to SMEs, Bibby Financial Services. “There are many pressures on businesses and most of them are not going to disappear, even with a second rate cut that economic commentators expect from [...]

Avoiding tax liabilities when succession planning

Small to medium sized business owners need to be careful of possible tax liabilities when creating succession plans taking extra care to look at the relationship between the business’s structure and its insurance policies. Megan Smith, Succession Planning practice leader of chartered accounting and financial planning firm Prosperity Advisers’, said an unpublished discussion paper issued by [...]

Avoiding the Risks of Wrong Capital Structure

According to Vince Fayad of business advisory firm PKF,  securing the right capital structure is vital to a business’s continued operation and growth, particularly given current market conditions. “The best advice tends to revolve around the saying ‘work with the cards your dealt with’, which for business owners means that they need to first understand their [...]