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SMBs next six-months: 2/5 recruitment concerns but 81% confident of returning to pre-Covid operations

As the nation looks towards borders reopening and exceeding vaccine targets, the Intuit Quickbooks Back to Business research reveals small businesses across the country are hopeful about the future, with 81 per cent reporting a level of confidence that they will be operating at pre-pandemic levels within the next six months.

  • 81 per cent of small businesses are confident they will return to pre-pandemic levels in the next six months
  • Vaccination and mental wellbeing are top priorities as the nation gets back to business
  • One in three (33 per cent) do not have a specific success plan in place
  • Two in five (42 per cent) have concern about finding enough suitable staff

But despite the encouraging levels of optimism, one in three do not have a plan in place to ensure future success, and two in five are worried about finding enough suitable staff. The research also shows that small businesses are focused on health over wealth, with vaccines at the forefront of what they want from the government, their employees and their customers.

“Aussie small businesses have done it tough over the course of the pandemic, especially those in Melbourne who endured the longest lockdown in the world. We’re thrilled to see the economy starting to recover, and to hear that small businesses feel hopeful about the future,” Lars Leber, Vice President and Country Manager at Intuit QuickBooks Australia said.

“We’ve seen a notable shift in small businesses prioritising the health and wellbeing of their employees, showing how the pandemic has made everyone reconsider what’s most important. They still need the support of the government and Aussie consumers and want to see continued vaccine uptake.”

 

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