Impact of ecoBiz on Qld SMEs 2017-20 Report

Monday 14 September, 2020

Between late 2017 and early 2020, ecoBiz has had over 700 businesses participate in its program and there have been many reports outlining positive benefits of the program. The current research provided in this report supplements previous research by providing an in-depth analysis of businesses that have had a long period of reporting within the program. As such, estimates of the impact of the program can be made with more confidence relating to the relationship between eco efficiencies and productivity of SMEs. The following key findings illustrate the impact of the program: Read more.

Survival Of Small Businesses Must Become The Number One Priority For Governments

Wednesday 25 March, 2020 | By: Dr Marcus Smith

ABS business counts statistics for June 2019 show that the Queensland business community grew by 2% or 9,145 businesses to 457,902 businesses Non-employing, medium and large-sized business grew over the 12 months, while the number of small businesses employing between 1 and 19 workers fell by over 700 (-0.4%) It is not clear the number of businesses with 1-19 employees that grew to 20 or more employees, and how many of those businesses simply closed Of those employing small businesses of 1 to 19 staff, decreases occurred in industries including retail trade, transport, postal and warehousing, manufacturing, hospitality and agriculture. Business survival rates over the 5-year period indicate that of those businesses operating in June 2015 only 63.9% were still operating in June 2019 For new business entries in 2015-16 only 53.1% survived until June 2019 There were 1,607 company insolvencies in Queensland in 2019, which is a run rate of over 4 businesses per day New stimulus measures have been squarely aimed at cushioning the blow for businesses as new border and business closures will significantly impact business owners as well as employment in service based businesses across the nation Read more.

How should your businesses respond to coronavirus?

Thursday 5 March, 2020

The emergence and spread of COVID-19 (coronavirus) over the past few days presents a potential risk to Queensland small businesses. If you’re an employer you need to know your obligations and plan how you might respond if coronavirus impacts your workplace more directly than just running out of toilet paper. Read more.