Micro businesses make up 63% of NSW small business sector
Micro businesses represent 63% of NSW small businesses, and 16% of owners left paid employment to run their businesses, an October Insights Paper shows.
1. Small business findings
Micro businesses, each employing fewer than four people, make up 63% of NSW small businesses, an October Insights Paper shows. The paper says experienced professionals are increasingly starting businesses as second or third careers, bringing industry knowledge and skills to new ventures.
