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Chris Small: ABC Business Sales Managing Director on the data showing small business sales rose 3.9% in the March quarter
Published 1 month, 2 weeks ago
Description
Confidence for small business owners, with sales continuing to grow.
New Xero small business data shows business sales rose 3.9% in the March quarter – March alone rising 5.5%.
ABC Business Sales Managing Director Chris Small told Mike Hosking it's been a tough 12 months, with many weaker businesses weeded out, leaving high quality small businesses in the market.
He says data doesn't reflect the current climate, given two out of three months were not impacted by the war in Iran.
Small says volume of transactions were up 10% and dollars invested in small business were up 16% – all with a positive mindset until March kicked in.
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