#Myob Business Monitor
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.