Leicester Gouwland is a director at accountancy and finance specialist William Buck Christmas Gouwland.
With New Zealand business made up of predominantly small family-owned companies which suffer significantly when other businesses fail (such as with Dick Smith), is it time to consider if limited liability has gone too far?
Limited liability has been an essential aspect of business for centuries and is one of the reasons private enterprise has flourished. Limited liability is a way of diversifying risk away from the business owner to the suppliers, employees and custome…
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