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Insight

Business Builders

The Sage Forum for Business Builders

Sage research shows majority of small business owners in Australia are confident about their business prospects

As part of Sage Forum for Business Builders’ mission to be the voice for small business owners and entrepreneurs, Sage Australia recently conducted a survey to get a sense of how small business owners are feeling.

The research revealed that 66% of small business owners feel more confident about their business prospects in the next six months, with 35% planning to launch a new product and 32% planning to hire more staff.

However only 54% of small business owners feel that they are fairly represented in the current political system in Australia. They would particularly welcome business support (for example grants, export opportunities); improvements to the tax environment and better local services (such as transport and waste collection).

Other key findings from the survey can be seen in our infographic.

Uncovering Small Business Sentiment Around the U.S. Election

In 2016, the changing political landscape in the U.S. created major concerns and sentiment from business owners in North America. To identify and champion small business concerns in a new year with a new president, Sage first sought to better understand small business opinion and confidence the region.

Additional information on separate page Sage partnered with leading survey firm Qualtrics to survey 400+ small and medium businesses. The survey revealed 63 percent of respondents said they are "discouraged" and 61 percent saying they are "disgusted" with what is happening in Washington, D.C."

As a small and medium business champion, we wanted to take the pulse of U.S. small businesses—especially during this major election year—to better understand the issues they want addressed by Washington," said Connie Certusi, executive vice president and managing director, Sage U.S. "Small businesses deserve a bigger voice, so Sage wants to make sure their opinions are heard. And this survey makes clear that small business owners, regardless of political affiliation, are dissatisfied with government leadership."

Armed with a better understanding of small business sentiment, Sage plans to ensure the small business community has the support it needs in 2017.

Read the full report