Each month the Commission conducts surveys to measure the confidence and performance of small businesses across NSW.
The surveys track business challenges, performance, confidence, expectations, and awareness of government support.
Small Business Survey
45% of businesses are confident about their business prospects, up from 41% in March 2022.
21% expect their revenue to increase over the next 3 months.
Working from Home
71% of businesses had a percentage of their staff work from home on a regular basis.
Strategies for Current Business Landscape
44% of businesses are likely to try and reduce costs, followed by delaying or reducing CAPEX (23%) and holding wages steady (22%).
Businesses Reliant on Visitors
Tourism-based businesses are the least confident about their business prospects.
Business Confidence by Locality
Regional businesses are more optimistic about their prospects (49%) than businesses in Greater Sydney (42%).