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3 in 10 small businesses ponder quitting: Judo
The AdvisorNew research has revealed that many small businesses are thinking of quitting altogether due to the impact of COVID-19.
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Dramatic drop in SMEs reporting cash flow issues but woes still exist
Cash conservation is behind a dramatic drop in the number of businesses reporting cash flow issues, with three times as many SMEs as usual saying they had no cash flow problems in the past year.
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1 in 4 SMEs predicts revenue decline
The proportion of SMEs expecting their revenue to decline has hit a new high at a critical moment on the road to long-term COVID recovery, new data has revealed.
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Optimism returns to SME sector, but many still cautious
Optimism is returning to the SME sector after the worst of the COVID-19 pandemic, according to a survey carried out by non bank lender ScotPac.
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JobKeeper ends: Where to next for small business finance?
JobKeeper and other government support such as the NSW commercial lease package have officially ended. For many small businesses, a big question now is how they'll be able to manage dips in cashflow as a result of withdrawn financial relief.
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SMEs are being left behind by Big Four banks, says report
Small businesses are being left behind by the Big Four, according to a report released by fintech Judo Bank.
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Small business still uncertain of recovery as JobKeeper ends
While business confidence has markedly improved, the end of JobKeeper will see many small businesses vexing over cash flow and weighing up restructuring plans, a new survey has found.
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Two-thirds of Australian businesses will restructure to recover from COVID
Two-thirds of small businesses plan to make changes to the structure of their business in a bid to recovery from the coronavirus pandemic or take advantage of new opportunities.