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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.

Poor resilience costing Aussie businesses $50bn annually
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  • Shared by MyBusiness
  • •
  • May 27, 2020
  • •
  • 1 minute read
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Poor resilience costing Aussie businesses $50bn annually

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. 

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