Gary Ryan Moving Beyond Being Good®
OMG 43% of Australian Small Businesses Made $0 Profit
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:09:52
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Sinopsis
Episode 165 of the Moving Beyond Being Good Podcast Summary This episode focuses on the challenges faced by small businesses in Australia. Gary Ryan presents data that highlights the financial struggles of small businesses, with a significant percentage making zero profit and a high failure rate within the first few years. The impact of these challenges on the economy and employment is also discussed. Rising costs and the breaking system are identified as additional factors contributing to the risk faced by small businesses. Gary Ryan, along with 10X Elite Business Coach Alison Wheeler, offer a free webinar series to help small businesses improve their mindset, marketing, sales, and follow-up strategies to increase their income. Takeaways The majority of small businesses in Australia have a turnover of less than $2 million, with a significant percentage earning less than $50,000. 43% of small businesses and 15% of medium to large businesses in Australia make zero profit. 60% of new businesses in Australia fa