US Edition90% of failed businesses have one thing in common
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90% of failed businesses have one thing in common
New data from Equifax reveals a significant deterioration in Australia’s small business sector, with insolvencies up 23% year-on-year and more than 12,000 business failures recorded in the current financial year. The current trajectory suggests insolvency rates will double historical averages, marking one of the most challenging periods for small enterprises in recent decades. Reserve Bank of Australia trend data demonstrates the disproportionat…
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