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n Professional Accountant - Piercing the corporate veil - separation of the business from the business owner insights - : industry insights

Volume 2015, Issue 26
  • ISSN : 1680-7537

Abstract

T he financial distress of many small and medium-sized enterprises (SMEs) and start-up businesses, many of which result in business failures, can be attributed to the intertwining of the business owners' personal lifestyles with the activities of the business. The question often encountered is "where does the owner's life end and the business start?" The perception of many owners is that they are the business and the business is his/hers.

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/content/account/2015/26/EJC182994
2015-01-01
2019-09-19

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