Small Businesses
Small-Medium businesses are the foundation upon which Australia’s economy lies. In one page outline the importance of, the needs of, and the growth of small- medium businesses in Australia. Small- Medium sized businesses play an important role in the Australian economy, they are relied on by us the consumers and also provide employment to millions of people throughout Australia, SME’s have created new jobs and become more innovative and are entering overseas markets. Small- Medium businesses employ 50% of all the people employed in the private sector. ... Over 95% of all Australian businesses are SME’s.