Poor resilience costing Aussie businesses $50bn annually
Nearly half of Aussie small businesses have seriously considered closing their doors as a result of a series of natural disasters, which culminated in the coronavirus pandemic in March, new research has shown, suggesting also that small businesses are losing $50 billion annually as a result of poor resilience.
The findings of Reckon’s Resilience Report have shown that years of drought, the recent bushfires and the current COVID-19 pandemic have had a major impact on Australian small businesses, with 47 per cent admitting they have seriously considered closing their doors permanently.
Read more at MyBusiness.
