Australia’s small business owners remain relatively optimistic about their businesses in the face of a slowdown in the economy and amid talk of a looming recession, according to a new survey that shows that many SMEs, led by start-ups, have increased revenues over the course of this year.
Australian small business owners are an entrepreneurial lot, with many choosing to operate more than one business at a time and working so hard they probably won’t take public holidays or even a Christmas break this year.
Australia’s small business owners are down on confidence when it comes to the economy, with sales for the next three months on a steady decline and widespread pessimism about the economy’s ability to rebound, according to cloud accounting software provider MYOB.
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