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
32% of businesses are confident about their business prospects, down from 43% in July 2021 and 38% the same time last year.
12% expect their revenue to increase over the next 12 months, which is lower than the 51% of businesses that expect revenue to decrease.
Working from Home
49% 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 (29%) and reducing hours of work (24%).
Businesses Reliant on Visitors
Businesses reliant on international and interstate visitors and foot traffic remain the least confident about their
Business Confidence by Locality
Regional businesses are more optimistic about their own prospects than businesses in Greater Sydney.