Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


MYOB welcomes Government’s SME focus

MYOB welcomes Government’s SME focus

MYOB, New Zealand’s leading accounting software provider for the SME market is today welcoming the Government’s focus on a vital sector of the economy with the launch The Small Business The Small Business Report, prepared by MBIE, was launched today by Minister for Small Business, the Hon Stephen Joyce, at a special event in Wellington.


Preceding the launch of the report, the Inaugural Symposium of the New Zealand SME Research Hub brought together researchers, officials and policy makers to discuss priorities for SME research and policy and create opportunities for collaboration.

Around 97% of enterprises in New Zealand have fewer than 20 employees, while 69% are operated by sole-traders. The 460,000 small businesses in New Zealand employ 584,000 people.

MYOB General Manager, Adam Ferguson says MYOB applauds the Government’s focus on this important sector for the New Zealand economy.

“SME’s play a significant role in the growth and success of New Zealand. They do this not only through their direct contribution to the economy, but also in terms of innovation, the creation of jobs and opportunities, particularly for young people, and a broader contribution to the success of local communities,” says Mr Ferguson.

“By bringing together the Research Hub, the Government is demonstrating a clear commitment to understanding not just the role SMEs play but the policies and support that can help ensure they succeed.”

MYOB provided a range of information for the report, through the MYOB Business Monitor. The Monitor, which has been running for 5 years in New Zealand, is the largest SME survey of its kind in the country, measuring the performance, challenges and investment strategies of more than 1000 local SME operators.

“We are extremely proud to have played a part in putting together this important report,” says Adam Ferguson.

“For over 20 years, MYOB has worked with the SME sector in New Zealand, focusing on understanding the barriers to success and providing the software and support to make life easier for business operators at every stage.”

“We believe this level of collaboration, between policy makers, researchers and business, can make a major difference in the lives of small business operators around the country.”

For MYOB product information, research results, business tips, discussions, client service and more visit the MYOB website, or its blog, LinkedIn, Twitter, Facebook, Instagram and YouTube sites.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Auckland Outage: Power Mostly Restored Overnight

Vector wishes to advise that all but 324 customers have been restored overnight. These customers are spread throughout the network in small pockets. The main St Johns feeder was restored around midnight allowing most of the customers in all affected areas to have power this morning. More>>

ALSO:

Half Empty: Dairy Prices Drop To Lowest Since August 2009

Dairy product prices fell to the lowest level in more than five years in the latest GlobalDairyTrade auction, led by declines in butter milk powder and whole milk powder. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news