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STARTING A BUSINESS

THE' VICISSITUDES ENCOUNTERED.

The following is an extract ?||pm a striking article in the August, her of the “Employers’ RevieW|^|fe w ; South Wales. It is. v; more countries than Austral ta': i :: i;<T j You must', make it worth while for •- K people - to deal with you. Start a new industry and vpu will; find out how for away from that rule Australia goes. Then you will wonder why ahjfohq; >staifts ■ Anything. It is admitted that investors are shy enough at afty' time’; but Australia does not stand too well in the investing world.j If you are fortunate to have or obtain capital ahd;“jstart, an enterprise aihost' ofl'sharp- carving knives are waiting to carve a bit off. First you have anK exorbitant Stamp Duty for Registrntion, then a Script Tax, -afterwards a tax on : 'We also pay a liea'vyj .tax on the purchase of a factory site. Then you face an army .• pf’-igups- 1 - iffs''tfiei hind's-' : of “Mfinicipa 1

Inspectors, Factory and Sanitary \ Tp--s£>n ■••hegjn-.to won-itiei-e. are- any' of:.th'e> population Vg. not;.■•inspectors. Then yo'ii ' face .another: army of-Union Secrej‘: tarieK ( or paid agitators. You -are

t asl<ed to. decide questions that would : vpnzzle . a • Philadelphia lawyer awl! ’to

determine where an engineer’s wort

censes.: anti.. ; a plumber’s .begins, or y. 'what is a shipwright’s work and what

is a. carpenter’s' or where a carpenter

finishes and cabinetmaker begins. '/ '•^ rp are; rabidly • adopting the caste of : J lhdia.' You are expected to he in full : knowledge of “all. Arbitration Awards

of' every trad© you employ. If you

'pass-through these ordeals and retain your' reasd'ti you lie. a wake at night wondering'what. “Bug” bit you arid -forded . you into starting an industry' . •to endeavour to employ, a few of your • fellow-men. You get to work and find , . ft that you have calculated incorrectly the amount' of -work vour workmen wijl produce—your workmen are for eypr listening to the sweet voice of —•.' the Union Secretary' preaching “Go

Slow.”' Yon find you are debarred ffpifi ' practising “Reward for well-

doingand punishment for .wrong-tlor . i,-v Jf: you . .lose, your money, you are /tbusijband pointed .to as a fool. \ TT !. . / arc a profiteer. You hpu„s.t..,baY6-' .robbed •your.-, workmen'. You sit up all night'thinking out bo# 'i'/'-'tio'kleyeldp a market..-and the ' TTnion - ■f i 'SeOTetftty . : sits up all flight' planning ' !■' hoiv lie ban block you. The next liV ' . fippotor to face is the Income Tax Ool;'lector; who wants, to carve a bit 'off your capital. If you make a loss you .cannot deduct,, it from Income Tax, ’ #yon have lpst your capital,, and when ''’ 'von die the Probate Inspector comes to carve anotber slice off your estate.'

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19301122.2.18

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 22 November 1930, Page 3

Word count
Tapeke kupu
442

STARTING A BUSINESS Hokitika Guardian, 22 November 1930, Page 3

STARTING A BUSINESS Hokitika Guardian, 22 November 1930, Page 3

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