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SMEs take a positive approach and plan for growth

February 14, 2017 By James L Leave a Comment

The fifth The Voice of Australian Business Survey, a national survey of SMEs across all industries and regions, found acquiring new customers, growing revenue and growing profit were all on the agenda for many SMEs. Overall, the main business focus for SMEs was to improve profits and to improve cash flow. Fifty-seven per cent of medium businesses and 39 percent of small businesses indicated that hiring new staff was something they anticipate doing over the coming months but for SMEs, staffing issues are also a concern including recruitment, retention and skills shortages.

SMEs take a positive approach and plan for growth

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