44% of employees in Australia work for small businesses, we cannot survive without them. Starting a small business in Australia is the dream of many budding entrepreneurs, but with low survival rates you need to know what the path to success looks like.
The following infographic shows what happens to approximately 300,000 new small business startups in Australia each year.
The number one reason for failure is cash flow issues. Ensuring you have access to cash should be a critical part of your strategic plan.
We hope you enjoy the infographic we have created, and we hope it helps Australians build small businesses that stick around for the long haul. Please feel free to embed it on your site, using the embed code below the infographic.
