Business Director Insolvency – 3 words you will hear often in 2021
Small businesses make up 98% of Australia’s economy. According to the World Bank in 2017, they represent about 90% of businesses and more than 50% of employment worldwide. Micro, small and family enterprises play an essential role in most countries around the world, especially in emerging markets.
Small businesses urged to register assets before insolvency explosion – ASBFEO PPSR research
Following ASBFEO PPSR research, The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell says it is essential for small business owners to secure their assets and business loans, with economists predicting a steep rise in insolvencies this year.