Tag: Small Business Confidence

After falling to its lowest level in three years, SME confidence has improved in the September quarter, and is now in line with larger businesses.

SMBs have received some positive news in the lead up to Christmas with a new study showing sharp rebounds in consumer spending.

Despite business confidence continuing to fall as a result of weak consumer spending, half of SMBs remain optimistic about their ability to ride out the tough times, a new report has found.

Despite a degree of economic stability in Australia compared with elsewhere in the world, a lack of confidence and cost containment issues are threatening to blind local SMEs to future opportunities.

Ongoing economic uncertainty caused business confidence to fall nearly ten points in February, to 108.9, after six consecutive months of rises to January 2012.

Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.

Despite global financial volatility, local businesses are feeling optimistic as they look towards implementing more efficient cost-cutting measures.

Local businesses remain mostly positive about the state of the economy, despite the fact a sentiment survey registered its first decrease in business confidence in six months.

Poor consumer spending remains a concern for many small and medium businesses, but a new Sensis report has found fewer SMB owners plan to sell or close their business now compared with six months ago.

Small business profitability slid to a record low during the last quarter, with many expecting to see more falls over the next year. Despite this less than positive news, many reported they’d be boosting their online and social media presence in the coming months.