Archive for February, 2009

Smart Businesses Getting “Downturn-Ready”

February 27, 2009

Usage of Australia’s Business Enterprise Centres has spiked in the last few months, as Small Business owners and operators began seeking advice amid early signs of a slowing economy due to the global credit crisis.

Following a qualitative survey of Business Enterprise Centre managers, BEC Australia reports there was an average 47 per cent jump in the number of businesses seeking advice and support from the networks business advisors in the latter half of 2008, compared to the first half.

“This is a significant jump and it shows small business people are watching economic indicators closely and doing what they can to be downturn-ready,” says Peter Murray, national chairman of BEC Australia, the country’s peak body for small business advice.

“Doom and gloom talk can become a self-fulfilling prophesy, so it is heartening to hear about the proactive steps many small businesses are taking,” he says. (more…)

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