6 out of 10 Australian SMEs report losses up to 75 per cent

By Ann Wen · 2 September 2020 · Advice

6 out of 10 Australian SMEs report losses up to 75 per cent

Full details: 6 out of 10 Australian SMEs report losses up to 75 per cent

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Summary

Business Australia reported that 6 out of 10 Australian SMEs reported sales losses up to 75 per cent this year. Only 18 per cent reported consistent revenue and a mere 9 per cent experienced a growth in sales during the pandemic. Richard Spencer, Chief Customer Experience Officer at Business Australia, offers a list of suggestions […]

Tags: Business, Cost, revenue