SMEs expect no growth at Christmas due to competition… despite inadequate planning

By James Harkness · 18 December 2017 · Locked

SMEs expect no growth at Christmas due to competition… despite inadequate planning

SMEs Predict Bleak Christmas Sales

Despite inadequate planning, small business owners are bracing for a lackluster holiday season. Will their caution be justified as bigger retailers muscle in on the market?

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Summary

SME operators not only predict a lack of sales over the Christmas retail period, they also expect to be short on spare time, according to MYOB. The cloud accounting provider’s latest SME snapshot reveals that business confidence is down due to the threat of bigger and online retailers entering the market from overseas. The majority […]

Tags: Accounting, Cash Flow, Christmas, Cloud, Finance, MYOB, Retail, Sme