Business Closure

According to data released yesterday by the Australian Bureau of Statistics (ABS) Covid 19 has not yet had a major impact on business closure rates.

Based on this data, 749,449 businesses that were in existence in June 2017, did not survive a further 4 years till June 2021. This is a business closure rate of 35.1%

This compares to the:

758,028 businesses that were in existence in June 2016, that did not survive till June 2020. A closure rate of 34.9%.
744,567 businesses that were in existence in June 2016, that did not survive till June 2020. A closure rate of 35.1%.

If you want help to improve your your businesses chances of not being included in next year’s business closure, contact me below.

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Contact Wayne Wanders for your FREE Business Survival Session

To ensure I help your business specifically, the best approach I have found is to have an obligation free session with you. In this session we will review your current business in a factual and objective manner, to better understand the challenges that you face. And this session does not need to be face to face.

At the end of this session, you will have multiple ideas on how your business can survive and thrive in these uncertain times.

Simply fill in the contact form below or email me at wayne@aRealCFO.com.au or call me on 0412 227 052 to organise one of these obligation free sessions.

To get help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times, simply use the contact form on the left to email Wayne or call him on 0412 227 052.

We promise to keep your email address safe.

Let Wayne Wanders, a fully qualified and experienced CFO, help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times.

Wayne Wanders, A Real CFO

wayne@aRealCFO.com.au

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