#Myob Business Monitor
Bunker down approach stymieing job creation
The number of business owners looking to create new jobs this year is declining.
Good news for SMEs on the horizon
After a tough 12 months, small to medium-sized businesses are finally regaining faith in the economy with less concern over cash flow, fuel costs and interest rates.
Confidence in the Government plummets, again
Small to medium business confidence in the Federal Government has hit record lows, as almost three in five SMBs report dissatisfaction as a result of a lack of support from Gillard’s Labor Party.
Revenue falls cause SMB economic confidence to bottom out
Falling revenue is causing small business economic confidence to dwindle, according to new research. Despite these sales falls, a fifth of SMBs say they’re feeling optimistic that conditions will begin to improve over the next 12 months.
SMEs using home loans to finance business, research finds
A large proportion of SME’s are doubly invested in today’s interest rate decision with many using their home loan to finance their businesses.
SMBs still largely dissatisfied with Federal Government
Over half of all SMBs have expressed dissatisfaction with the Federal Government, as many report feeling disrespected and unsupported by Julia Gillard’s Labor party.
Business owners optimistic about work/life balance
One in three SMB owners are positive about their ability to maintain a work/life balance, with many seeing success as finding a balance between making money and retaining a lifestyle.
Is the great Australian lifestyle a great Australian myth?
Julian Smith blogs about how Australian business owners are failing to find the ideal balance between work and the rest of their lives. “While technology might be making things easier for Australia’s two million small business owners, it’s also blurring the lines between work and personal life. Gone are the days when computers were turned off at 5pm every evening.”
Two out of three Australian small businesses don’t have a website
Australians are increasingly comfortable buying goods online but small businesses are lagging behind the trend, and missing opportunities, with new research revealing that only one in three businesses have a website.
Don’t just survive. Thrive!
Based on the results from the latest MYOB Business Monitor, things aren’t too rosy for many Aussie businesses.
Getting on with getting on
This week we released the latest results of the MYOB Business Monitor*, and its positive news. For the first time since the Global Financial Crisis, more business owners in Australia report revenue increases (35%) than report revenue decreases over the last 12 months (22%). And in the next quarter, half of Aussie businesses have got more work on than usual, and only 14% have less.
Australian business expect revenues to keep rising
Australian businesses are reporting higher revenues than last year, and are expecting revenue to continue to rise, a new MYOB report has found
MYOB Survey: 20% of small biz spent less on marketing in 2009
MYOB’s Business Monitor Survey found that 20 percent of small businesses actually decreased their marketing spend in 2009, risking their recovery after the global financial crisis.
Rising Dissatisfaction with Govt’s support for business
April’s MYOB Business Monitor has found many businesses are upset over the level of Federal Government support for their businesses, as well as confused over legislative changes being made.
Business owners confidence in economy stalls
While over half of Australia’s small to medium sized business owners expect to see economic recovery in the next twelve months, the level of confidence in the recovery has fallen since November.