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The idea that starting a business requires significant sums of money will soon be as antiquated as a bowler hat.

It still requires sweat and toil to make a new business successful
but the great levelling effect of technology means there are almost no
barriers to founding it in the first place.

By choosing to work virtually, a new breed of web business is saving
thousands in overheads, while gaining access to global opportunities.
Staff and contractors can be located anywhere in the world and so can
customers.

The managing director of training organisation RTO Transformed,
Michael Young, is based in Canberra, with 10 full-time staff spread
between Sydney, Melbourne, Brisbane and the Gold Coast hinterland and
another 40 trainers on contract around the country.       Read full story

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