CommBank: Micro businesses make up 63% of NSW small business sector

By Public Technologies
  • Micro businesses now represent 63% of NSW small businesses, each employing fewer than four people, an October Insights Paper shows.
  • Experienced professionals are increasingly launching businesses as second or third careers, bringing industry knowledge and skills to new ventures.
  • Owners who left paid employment to run their businesses account for 16% of the total.


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