Business Structures of Small Commercial Maritime Operators. Helen Huang Ministry of Transport
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1 Business Structures of Small Commercial Maritime Operators Helen Huang Ministry of Transport
2 Outline Purpose Data source Results 2
3 Purpose to analyse business structures of operators in the small commercial maritime business (SCMB) sector (i.e. businesses with 0 19 employees) to identify recent changes and any trends in those businesses 3
4 Data source Data source Business Demography Statistics at February 2015 from Statistics New Zealand Industries included in the analysis Fishing Offshore Aquaculture Water Transport. Exclusion Public sector agencies and their employees engaged in maritime activity 4
5 Results The full report is available at: or Maritime-Operators.pdf Today s presentation is to provide a summary of recent changes and trends in the type of business structures in use in the small commercial maritime business sector (i.e. businesses with 0 19 employees) 5
6 Average employees per business 2500 Small commercial maritime businesses Businesses Employee count Average employees per business
7 Trend of maritime small commercial businesses by industry Maritime number of businesses by industry Maritime number of employees by industry Fishing Offshore Aquaculture Water Transport Fishing Offshore Aquaculture Water Transport Industry Share of small businesses Small Fishing 82% 68% Small Offshore AQ 11-12% 11-12% Small Water Transport 6% 20% Industry Share of employees Small Fishing 57% 50% Small Offshore AQ 22% 15% Small Water Transport 22% 35% 7
8 Average employees per business Average employees per business Average employees per business Fishing businesses Businesses Employee count Average employees per business 400 Offshore Aquaculture businesses Water Transport businesses Businesses Employee count Average employees per business Businesses Employee count Average employees per business 8
9 Businesses by employment size Businesses by employment size Size Zero 77% 75% 1 to 5 20% 20% % 3% zero 1 to 5 6 to Businesses with zero employees by industry Industry Fishing 84% 68% Offshore AQ 11% 12% Water Transport 5% 19% Fishing Offshore Aquaculture Water Transport 9
10 10
11 Fishing industry business type Individual Proprietorship Partnership Registered Limited Liability Company (non Co-op) Branches of Companies Incorporated Overseas confidential Incorp. and Unincorp. Societies and Assns confidential Trusts/Estates 1% 22% Individual Proprietorship Partnership Registered Limited Liability Company (non Co-op) Joint Ventures and Consortia confidential Incorp. and Unincorp. Societies and Assns confidential Trusts/Estates 2% 35% 23% 54% 47% 16% 11
12 Offshore Aquaculture business type Individual Proprietorship Partnership Registered Limited Liability Company (non Co-op) Trusts/Estates Individual Proprietorship Partnership Registered Limited Liability Company (non Co-op) Joint Ventures and Consortia (confidential) Trusts/Estates 5% 16% 6% 8% 23% 46% 33% 63% 12
13 Water Transport business type Individual Proprietorship Partnership Registered Limited Liability Company (non Co-op) Branches of Companies Incorporated Overseas 2% 14% 12% Individual Proprietorship Partnership Registered Limited Liability Company (non Co-op) Joint Ventures and Consortia (confidential) Branches of Companies Incorporated Overseas Trusts/Estates 2% 1% 20% 5% 72% 72% 13
14 Wrap up Main characteristics of small commercial maritime businesses in 2015 In February 2015, the SCMB sector comprised around 1,860 businesses with 1,320 persons employed. The SCMB sector has on average fewer than two employees per business, and 75% of them have no employees. Limited liability companies, individual proprietorships, and partnerships represent about 97% of SCMBs. The fishing industry dominated the SCMB sector, accounting for 68% of businesses and 50% of employees. 14
15 Wrap up (continued) Changes in small commercial maritime businesses since 2000 Decline in the number of businesses and employees Fishing industry dominates the small commercial maritime sector Limited liability companies are most common Companies, sole traders, and partnerships have been the top three forms of businesses in the SCMB sector since Together, they account for about 97 99% of businesses in the sector. Sole traders reduced by 50% in 2015 from 2000, dropping from the most common form to the second most common form. In comparison, the number of companies increased by 59%, becoming the most common form in 2015 compared with being the second most common form in Most small commercial maritime businesses have no employees 15
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