Australian small businesses need help with managing and understanding their business debt, according to research from AVA Advisory.
AVA Advisory revealed a significant portion of Australian small businesses needed assistance when managing and dealing with their business debt.
Research from the debt restricting businesses highlighted 38 per cent of SMEs acknowledged their need for financial or business advice against the backdrop of rising inflation and economic challenges.
Along with the acknowledgement that advice was needed, it also highlighted demand for it, as respondents said they wanted better advice to navigate their current debt challenges.
However, 62 per cent…
