Small businesses taking more risks in downturn

By Jessica Stanic · 25 March 2009 · Locked

Small businesses defy the odds in uncertain times

As the global economy teeters on the brink of a downturn, Australian small businesses are taking a bold stance, but at what cost? Will their risk-taking strategies be enough to save them from financial ruin?

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Summary

Research released by digital agency Bullseye has shown that many Australian small and medium businesses are prepared to take more risks to save their business in the dowturn, with almost half expecting to be negatively impacted by the financial crisis. The survey polled the outlook of small businesses across Australia, the UK and the US, […]