Australia's small business landscape is bustling with potential, yet navigating the productivity maze can be challenging. The XSBI
Special Report on Small Business Productivity offers invaluable insights into industry and regional trends that can help small business
owners elevate their efficiency and profitability. Here’s a detailed look at the Australian-specific findings and their practical
implications.
You can read the full report here.
Top Performing Industries in Productivity
The insights from the XSBI Special Report underscore the critical role of productivity in the success of Australian small businesses. By adopting strategies from high-performing industries like agriculture and construction, and embracing technological innovations, small business owners can significantly enhance their efficiency and profitability. With the right support from government policies and a commitment to continuous improvement, Australian small businesses can navigate the challenges and seize the opportunities in an evolving economic landscape.
Learning from Australia's top-performing industries and regions. reach out to us today for strategic small business advisory and start your journey to enhanced efficiency and profitability.
Starting July 1st, 2024, non-profit organisations (NFPs) in Australia with an ABN, but not recognised as charitable, must annually submit a NFP self-review return to the ATO to confirm their tax exemption status. This process involves three main sections:
Systemisation is the backbone of a successful business. It is the process of creating repeatable and efficient workflows that streamline operations, reduce stress, and foster growth. This blog explores why businesses should embrace systemisation, how they can implement it, and what types of businesses stand to benefit the most.