Tax break popular if you can afford it
Arthur Farmakis was unsure whether he should start his mobile coffee business in 2009. That was until the former IT professional heard the federal government's small business investment allowance was winding up on December 31.
Making sense of interest rates
Business borrowers are watching closely as official interest rates rise across the board. So what does this mean for your business and why do rates vary between commercial rates, home loan rates and equipment finance rates?
SME's grapple with restricted funding
Many small-to-medium enterprises currently seeking funding are being stonewalled by lenders, with more and more asset classes being categorised as “non-preferred” and lenders also imposing overly stringent approval conditions.
Getting finance in this economy
The economic downturn has not been felt evenly across all sectors of the economy. However from the financiers’ perspective, manufacturing industries including the food and drink industry have been ‘tainted’ with the same brush.
Businesses battle for funding
Many small businesses are battling to secure bank funding with only weeks remaining before the Federal Government’s December 31 investment allowance deadline that allows them to claim an additional 50 per cent tax deduction on eligible depreciating assets.
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