Firstly, lets look at the actual issue the ATO raised, as follows:Does a self managed superannuation fund (SMSF) trustee contravene section 109 of the Superannuation Industry (Supervision) Act 1993 (SISA) if it borrows money from a related party of the SMSF under a limited recourse borrowing arrangement on terms favorable to the SMSF?(Note: Section 109 of the SISA deals with the issue of transactions where the other party to the transaction is...more
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There are a lot of different ways to make money on the internet. One that you may not have considered is drop shipping. In this article we will explain more about what drop shipping is and reasons why it works.Basically drop shipping is where you act as a middleman between the manufacturer and the customer. The customer purchases a product from you and receives the product from the manufacturer. You get paid for making the sale. This is one excellent way to start an EBay Business.This is a great way to.1. You do not have to store the products. This makes it a popular business model for Internet marketers.The drop shipping business can be very profitable. As a matter of fact most Internet marketers do not really have any place to store products anyway.Renting a storage space can be extremely expensive. It also takes away the advantage of working from your home if you have to leave home to conduct business. You do not have to worry about that at all when you sell products as a drop shipper.2. It's inexpensive to get into. When you look at all the expenses of starting an off line business most ordinary people cannot do that.Why would you want to pay for rent, utilities, employees, and...more
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