National taskforce launches to boost small businesses financial literacy

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Up to a third of small business owners don’t know if they made a profit last month, according to new data prompting a national taskforce to improve financial literacy across the sector. With more than 2.6 million small businesses in Australia, Xero’s managing director notes the impact reaches further than one balance sheet – when owners struggle financially, it affects the wider small business economy they buy and sell within. Read more here.

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