Why every business needs a bigger piggy bank

By Julian Smith · 15 September 2011 · Locked

Why every business needs a bigger piggy bank

Is your business ready for the unexpected?

Discover the shocking truth about Aussie businesses and their savings habits. Find out why having a bigger piggy bank is no longer a luxury, but a necessity.

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Summary

Julian Smith blogs about how vital it is for a business to have money in the bank. “While Aussie businesses are definitely starting to get the right attitude, we’ve got a lot of ground to make up. Post GFC, the average small business owner is saving $1.27 for every dollar spent – but there are still many who don’t have any savings to fall back on at all.”

Tags: Blogs, business blogs, Cashflow, having money in the bank, Julian Smith, MYOB, saving money