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As small business owners begin picking themselves back up amid easing COVID-19 restrictions, the federal government has made a move to encourage them to invest in ‘big ticket’ items.
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While countless small business owners have had to dim their lights due to COVID-19, a surging number of Aussie retailers appears to have bucked this trend.
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New research has revealed resilience is a key ingredient to small business survival during a crisis like COVID-19.
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Small business survival can be challenging at the best of times, but COVID-19 has taken the task of staying afloat to a whole new difficulty level.
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It’s no secret businesses have suffered enormously due to COVID-19, with the latest numbers from the Australian Bureau of Statistics (ABS) driving home this message even further.
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Two Australian professors have said HECS-style business loans could be the answer to helping companies move away from a reliance on the government’s JobKeeper scheme.
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Optimism among Australian businesses remains weak amid COVID-19, with new research showing nearly 3 in 4 don’t expect the economy to fare well over the coming year.
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It’s no secret times are tough for many small business owners. By now, coronavirus shutdowns would have likely affected your operations one way or another, whether your daily customer count has dwindled or you’ve had to close up shop completely.
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For businesses in a tight financial spot or ready to grow to new heights, extra funding may be the X factor you need to help your company thrive.
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Small businesses impacted by the coronavirus may soon find it even easier to secure extra finance, following the government’s latest decision to involve non-bank lenders in its SME Loan Guarantee Scheme.
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