Small businesses are the engine of the Australian economy - and likewise
of most national economies in the world. Whether they are one-person
firms, family businesses, small proprietary companies or SMEs (small and
medium enterprises), they all face similar challenges in the startup and
finance seeking stages. And they all, also, at some point will interact
with government entities including taxation bodies and industry and
market regulators.
But how, exactly, does government regulation (the 'supply side') impact
on small business performance? And how is that impact perceived from the
perspective of small businesses? This is referred to as the 'demand
side' of regulation.
Constraints on SMEs: The Challenges of Finance, Taxation and Regulation
explores the impact of regulations and regulatory bodies on SMEs.
Questions raised include exploring whether large corporates have an
unfair advantage over SMEs when engaging with and interacting with
governments and regulatory bodies.
Ultimately, this book looks at whether there is a relationship between
government regulation and the performance of SMEs. If SMEs can better
understand the regulatory environment they must operate in, they can
then design business strategies to improve their efficiency in
regulatory compliance and improve their economic and social performance.
