Hayes Knight SA
Hayes Knight SA is one of South Australia’s leading business advisory companies. Our diverse and experienced team offer accounting and business advice to small to medium sized enterprises (SMEs) across Australia, but specialise in serving the needs of South Australian SMEs in rural and metropolitan areas.
China: Opportunities, Investment & Appetite
There has been a lot of discussion about China lately – the Free Trade Agreement, financial stability and growth and the impact on the Australian economy, and Chinese investment in Australia. With the help of Paul Wan, Director of Paul Wan & Co, part of our international affiliation of accounting firms, we take an insider’s view of China and its impact on Australia.
According to Austrade, one in every three Australian export dollars earned is from sales of goods and services to China. On top of that, 80 % of the value of Australia’s export growth in 2013-14 was from trade with China. It’s not surprising then that we have a fixation with the welfare and continued consumption of Australian goods and services by China and China’s rising influence on the Australian economy… MORE
Business structures and restructures: Is your structure working against you?
Many business owners don’t realise that the business has outgrown its structure until something comes up – and this something is usually something negative.
Are your assets at risk? Legal action by employees, customers and suppliers as well as divorce are the two primary risk issues for many business operators. If you have been operating as a sole trade or as a partner in a partnership or have simply been holding all business assets in a single entity, your structure may not provide sufficient asset protection.
If any personal assets or valuable assets of the business are held in the same entity which carries on the trading operations of the business, those assets may be at risk.
To protect your assets it is generally preferable to separate as many valuable assets as possible from the trading operations... MORE