Empowering Smes

As a small business operator, are you aware of the Personal Property Securities Register (PPSR)?  Has your accountant/advisor talked to you on how you can minimise the risks under this register?  Do you know that, in Australia, over $120M has been lost by small and large businesses in court cases involving the Personal Property Securities Act (PPSA)?  Virtually in every one of those cases, the company or business had not registered on the PPSR.  It’s rumoured that over $200M in addition has been lost by other businesses who haven’t registered on the PPSR, sought some legal advice and found that they had no case to be able to present.  Therefore, they lost that money.   You could insure on the PPSR for under $5 for a 7-year period per transaction.  Undoubtedly, this is the cheapest insurance in Australia.   ESS Small Business provides material to accountants and small/medium enterprises to help you review your business operations, to determine your risk areas.  The risk areas cover virtually every asset in you