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Australian business growth monitor

AUSTRALIAN BUSINESS GROWTH MONITOR 62% 45% The Servcorp Australian 51% 75% Business Growth Monitor, to be published every six months, will track business growth are dissatisfied with the level of of businesses saw no change to staffing levels, with just believe their surveyed had no revenue growth during FY13 business would over time looking at be better off support provided by the current Federal Government current and future one in four under a Coalition increasing their headcount Government performance, as well as the different factors %24 both impacting and contributing to business growth among Australian companies Aussie companies missing out 38% 17% say they are constrained by their premises OUTGROWING 47% UNDERCUT ON PRICE BY A COMPETITOR OFFICE SPACE 23% citing principle issues as RULED OUT FOR BEING SEEN AS TOO SMALL have missed 13% out on a major deal in the past 12 months. Why? 10% 11% E UP OPERATIONS FAST ENOUGH INADEQUATE WORKSPACE CAN'T SCALE L 11% INCREASED RENT 79% DIFFICULT ECONOMIC CONDITIONS 42% A REDUCTION IN CONSUMER SPENDING experienced significant barriers to 33% INCREASED LOCAL MARKET COMPETITION growth, citing key challenges as 26% TOP LOCATIONS FOR EXPANSION 27% 33% 24% BRISBANE EUROPE 26% NORTH ASIA NORTH AMERICA 31% 47% SE ASIA Australian companies are lacking confidence when it comes to expansion. Only 8% are considering opening offices overseas, and just 11% within Australia SYDNEY 30% MELBOURNE The future is bright 60% This suggests that there will be one third a focus on of companies that experienced revenue decline during FY13 are predicting a turnaround in FY14 efficiency and productivity to help support predicted growth said they are expecting growth in the next 12 months However 63% of businesses surveyed expect no headcount changes in the next 12 months The Servcorp Australian Business Growth Monitor will compare performance among Australian companies using an index score. The benchmark score for this inaugural study is 98 NEW OR UPGRADED WEBSITE 37% 70% 200 DEVELOPING A SOCIAL MEDIA STRATEGY 180 of businesses 33% 160 July 2013 index surveyed will 会 140 - make increased CLOUD SERVICES investments in 120 20% score: technology GROWTH 100 NO GROWTH 80 98 INVESTING IN MOBILE DEVICES 60 19% 40 20 OSERVCORP About Servcorp About the study Servcorp Ltd (SRV:ASX), the world's leading provider of executive serviced offices, virtual offices and superior IT and business infrastructure solutions, operates 132 floors in 52 cities across 21 countries. 441 executive managers and business owners of Australian companies were surveyed online by Galaxy Research on behalf of Servcorp between Friday, 14 June and Sunday, 23 June 2103. More than just an office, Servcorp serviced and virtual offices make it possible for businesses to succeed and grow. From SMES to large global brands, Servcorp can help to establish your business and position your company for success - its premium serviced office suites offer unrivalled technology, services and support staff in the best locations across Australia and the rest of the world: as long as you want and for less than it costs to have a traditional office. The index score has been generated based on the performance of the businesses surveyed for the past 12 months and expectations over the next 12 months.

Australian business growth monitor

shared by Quisma on Sep 27
The Servcorp Australian Business Growth Monitor , to be published every six months, will track business growth over time looking at current and future performance, as well as the different factors bot...




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