Business Survival 2020
Ever wondered about Business Survival rates?
According to data released yesterday by the Australian Bureau of Statistics (ABS) if your business existed in June 2016, there was higher than a 1 in 3 chance that it would not be around in June 2020.
If you were in the Accommodation and Food Services industry, nearly half of those businesses around in June 2016 were no longer operational 4 years later.
And one of the key reasons why business close is poor cashflow management.
If you want help to improve your cashflow management so your business is not included in next year’s data as a closed business, contact me below.
Contact Wayne Wanders for your FREE Business Survival Session
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.
Wayne Wanders, A Real CFO
wayne@aRealCFO.com.au