Saturday, December 10, 2011

SME's Ask Santa For 'Less Debt', 'More Business' and 'Better Cash Flow'



The results of MSI Global Alliance for the 2009 Annual SME research spending Christmas in Australia and New Zealand show that 66% of participating companies will hold a Christmas function this year. In 2008, 72% held the same company Christmas function. More than 600 SMEs participated in the survey.

The results of MSI Global Alliance for the 2009 Annual SME research spending Christmas in Australia and New Zealand show that 66% of participating companies will hold a Christmas function this year. In 2008, 72% held the same company Christmas function. More than 600 SMEs participated in the survey.

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Some key findings are as follows:

A majority (54%) of small and medium-sized companies will spend between $ 1001 - $ 5000 on Christmas function.
Only about 6% of employees will need to contribute to the Christmas party in person, which is down from last years 11%.
about 61% of companies will allow employees to partners this year, Christmas party, which was fractionally in the past few years, 60 %.

Although the company hosting Christmas parties are not cutting the cost of their celebrations, Christmas gift spending on their employees has dropped from last year. While 45% of employers will be giving gifts to your team members this year, in 2008 more than 50% of employers presented the gifts.

economic situation - and the gifts from Santa

The results also showed that despite the economic situation seems to improve over the last six months of 2009, 78% of companies did not release the consumer, while 20% have. Comments received from survey participants indicates that this is due to the lack of real confidence that the economy actually improves, especially for small and medium enterprises. One business owner commented: "Who says that the economic situation improved?" Thus, despite a series of economic indicators that point to tip over, many SMEs still contain their spending.

The results also showed that despite the economic situation seems to improve over the last six months of 2009, 78% of companies did not release the consumer, while 20% have. Comments received from survey participants indicates that this is due to the lack of real confidence that the economy actually improves, especially for small and medium enterprises. One business owner commented: "Who says that the economic situation improved?" Thus, despite a series of economic indicators that point to tip over, many SMEs still contain their spending.

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On the question of what the industry continues to suffer most from the recent economic down turn, the responses were mainly focused on building / Real Estate Development and Finance and Banking Industry -. Despite bumper profits for big banks

Consumer Spending Christmas

With regard to spending on Christmas gifts, 64% men and 60% of women said they would be spending as they did last year. While 12% of men and 13% of women said they would spend more and 24% men and 26% of women will be spending less this year than last year.

According to the results, no clothing issue will be the most popular Christmas gift, with 47% of respondents would buy them as gifts this Christmas. Other popular items included toys (41%), gift cards (37%), books (35%), jewelry (33%) and home goods (27 %).

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