Aussie SMEs slow to expand overseas: survey

By Dynamic Business · 31 August 2016 · Finance

Aussie SMEs slow to expand overseas: survey

Aussie SMEs hesitant to take on the world

Despite globalisation's promise of easier expansion, Aussie SMEs are surprisingly slow to venture abroad. What's holding them back, and what does it mean for their future?

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Summary

Despite globalisation removing barriers to overseas expansion, it appears that SME owners are not yet convinced of the benefits. Recent data from Bentleys, a mid-tier accounting and business advisory firm, found that only 19% of Australian and New Zealand businesses operated in overseas markets. The latest The Voice of Australian Business survey, a bi-annual national survey of SMEs, revealed that a majority […]

Tags: Bentleys, Due Diligence, Global Expansion, local economies, Overseas Markets, political environment, SME expansion, Trading Overseas