Financial Planning for Small Business
The Australian Financial Planning Handbook is the authoritative source of information on a range of financial planning issues. Chapter 16 focuses on financial planning for small businesses.
This chapter provides a broad overview of some of the key issues affecting small business. Advisers deal largely with the owners of a business rather than the business itself. However, it is important for advisers to take account of the financial issues affecting the business, and how the business is structured, in order to deal with wealth creation and asset protection for the owners.