We focus on helping
Australian Businesses.
Our Focus
We focus on helping Australian Small & Medium Enterprises (SMEs).
What exactly is an SME?
There is a lot of ambiguity in what defines an SME, even between government agencies like the Australian Taxation Office (ATO) and our very own Australian Bureau of Statistics (ABS)!
For clarity - we have adopted the Australian Bureau of Statistics (ABS) blended definition of an SME as a combination of both Small Business and Medium Business, whereas:
Small Business - an entity employing less than 20 people, and
Medium Business - an entity employing between 20 and 199 employees.
Some interesting statistics about SMEs…
Small Businesses - represent over 2.2 million businesses in Australia and 97.5% of all Australian businesses, employing 4.7 million people.
Medium Businesses - represent over 52,000 businesses in Australia and 2% of all Australian businesses, employing 2.5 million people.
So, in summary, SMEs comprise 99% of all Australian businesses and employ almost 50% of all Australian workers! Wow!