So you’ve been working in the metal fabrication business for years and decided it’s finally time to open up a shop of your own. That’s fantastic! Unfortunately, that’s also the easiest part of starting your own business. You’ll need to put a lot of time and effort into starting up one on your own, but… Continue reading
The Australian Tax Office (ATO) defines a small business entity as an individual, company, partnership, or trust with less than $10 million in turnover threshold and can gain various tax concessions. If you run a small business in Australia, familiarize yourself with income, fringe benefits, and capital gains taxes. Don’t forget to find out about… Continue reading
Debt financing can be a great tool for personal debt consolidation. Debt finance is the use of debt to purchase an asset, and a debt-financed purchase is one in which the purchaser borrows funds from a lender, typically a financial institution such as a bank or credit union, to make their purchase. The debt financed… Continue reading
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