Small Business Failures Continue to Rise (in Australia)

"Over 96% of businesses in Australia are small business. Every Australian owns a small business, works in a small business, or knows someone who does.


The success of small business is vital; not just to Australia’s economy, but to our social fabric.


Latest reports by Dun & Bradstreet highlight 'a 48% increase in the number of small businesses going bankrupt over the last 12 months, while small business start-ups fell by 95 per cent over the same period.'


According to Dun & Bradstreet CEO, Christine Christian, Australian business failures have trended steadily upwards since 2008, growing over 30 per cent in the last three years.


Director of New Staff Solutions, Peta Simpson, said 'This is exactly what we’re seeing here on the Sunshine Coast, across the entire region. Staff are being let go and businesses are folding. There are some businesses who’d like to employ staff, but the future is uncertain so they’re holding off. The traditional cycle of micro businesses entering the market, growing and becoming larger businesses, in the main, is just not happening.


People are worried about rising costs of living. They’re worried about the carbon tax. Changing workplace health and safety and industrial relations legislation is a big impost on business.  Increased superannuation is another slug on business. Tightening credit and the costs of compliance also take their impact.'


Ms Simpson said 'This is costing us jobs, and it’s costing us socially. A small business owner said to me just last week "there’s no joy in owning a business anymore". The social cost is yet to be measured. Families are being torn apart, stress and depression is on the rise. When we see a 48% increase in bankruptcy, and 95% fewer entering the market, something must be done.'


'Dun & Bradstreet’s recent Global Business Failures Report revealed that Australian businesses continue to present a high insolvency risk when compared with the rest of the world. The report indicated that with its steady increase in bankruptcies, Australia is now being classified in the same risk category as a number of countries being impacted by the euro-zone debt crisis, such as Italy, Portugal, Spain and the United Kingdom.' "


Source: http://dnb.com.au/Header/News/Small_business_failures_up_48_per_cent/indexdl_8144.aspx


http://www.mysunshinecoast.com.au/articles/article-display/small-business-failures-continue-to-rise,25480


(My note : Can a country have too many small businesses?  Think "global competition.")


thetan3n1project@gmail.com


tags:  God the Father Jesus Christ the Son Holy Ghost Holy Spirit christian christianity Holy Bible old testament new testament free will satan the devil angels sin redemption forgiveness heaven hell lake of fire globalization multinational corporations global trade small business one world government wealth treasures control power politics religion babylon the great the global money system

Quote : re today's college graduates getting jobs and making money

"You can make more money on average if you go to college, but it's not true for everybody. If you're not sure what you're going to be doing, it probably bodes well to take some job, if you can get one, and get a sense first of what you want from college."


Harvard economist Richard Freeman, noting the growing risk of a debt bubble with total U.S. student loan debt surpassing $1 trillion.


(My note - The most important asset for any business:  owners, managers and employees.  In other words, people.  A lot of college graduates are looking for jobs.  Don't miss this opportunity to hire some people who have the smarts and the drive to graduate from college.  Many of them are willing to work for lower wages than their education would normally command, and many of them could be promoted to management jobs later on to better utilize their skills.)



thetan3n1project@gmail.com


tags:  God the Father Jesus Christ the Son Holy Ghost Holy Spirit christian christianity Holy Bible old testament new testament free will satan the devil angels sin redemption forgiveness heaven hell lake of fire globalization multinational corporations global trade small business one world government wealth treasures control power politics religion babylon the great the global money system

Quote : re competition in a free market economy

"Most everyone agrees that competition is vital to a well-functioning market economy. Since the days of Adam Smith, economists have understood that the invisible hand of the marketplace works only if producers of goods and services vie with one another. Competition keeps prices low and provides an incentive to improve and innovate."


N. Gregory Mankiw, Professor of Economics at Harvard University and advisor to Mitt Romney in the campaign for the Republican presidential nomination




thetan3n1project@gmail.com


tags:  God the Father Jesus Christ the Son Holy Ghost Holy Spirit christian christianity Holy Bible old testament new testament free will satan the devil angels sin redemption forgiveness heaven hell lake of fire globalization multinational corporations global trade small business one world government wealth treasures control power politics religion babylon the great the global money system

Small Business Tools 002

I would like to ask you a question if you are a small business owner or manager.  How many people in your company need to have their own phone for business purposes?  10?  20?  30?  And how many of those people have a cell phone today?


Phone systems can be very expensive, but, in today's world, they don't have to be.  People are inventing new ways to use the latest technology (i.e. smart phones), and that includes turning them into "business systems."  Smart cell phones not only allow people to get things done from multiple locations instead of from one desk, they also allow such tasks as texting and image transfer which traditional phone systems can't do.


Most employees in a small business today have personal cell phones instead of company cell phones.  It may be possible to work out satisfactory arrangements with some or most of those individuals to also use their phones as business phone extensions.  The company may need to buy some cell phones for the other employees.  Either way, the total cost of using a cell phone system will probably be a lot less than a traditional system.


Now, in case you haven't seen or heard a "Grasshopper" ad, Grasshopper.com is an example of a new small business tool that creates a small business phone system utilizing only cell phones.  The business gets an 800 number or a primary local number as the main number for the business.  Then each employee who needs to be in the loop is assigned an extension number which is connected to his or her cell phone.


In case you don't know about Grasshopper.com, here are some of the things they say on their website:


--  for entrepreneurs and small business
--  easy and instant setup
--  virtual phone system
--  manage your calls online
--  Sound like a Fortune 500 company.  Grasshopper lets you run your business using cell phones.
--  toll free or local number - local or national presence
--  unlimited extensions - for departments and employees
--  call forwarding to mobile phones - work from anywhere
--  voicemails via email - play (voicemails) online or on cell phone
--  manage online or by phone - no hardware to purchase (from Grasshopper)
--  new feature - 855 toll free numbers
--  24/7 live U.S. support
--  no long term contracts
--  upgrade anytime
--  30 day money back guarantee
--  as low as $9.95 per month


This service works like a prepaid cell phone.  You sign up, get your numbers and then get started with the monthly minutes you purchase which come with a certain number of extensions, etc.  You don't get too much for $9.95, but the higher amounts are very reasonable for what you get in my opinon.  Far less than most traditional phone systems would cost.


Go to www.grasshopper.com for more details.  I really do believe that this phone system is worth your time and consideration, especially if you are looking for more ways to get things done and more flexibility.



thetan3n1project@gmail.com


tags:  God the Father Jesus Christ the Son Holy Ghost Holy Spirit christian christianity Holy Bible old testament new testament free will satan the devil angels sin redemption forgiveness heaven hell lake of fire globalization multinational corporations global trade small business one world government wealth treasures control power politics religion babylon the great the global money system