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3 Jan 2025 8:02
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      Home > News > Business

    Small businesses have taken yet another hit to sales and the workforce

    Small businesses have taken yet another hit to sales and the workforce


    The latest Xero Small Business Insights for the quarter ending in September shows sales fell to 2.7-percent year on year.

    Its a bigger decline than the 1.4-percent year-on-year fall recorded in the second quarter.

    Xero Country Manager Bridget Snelling says a third of small business are also downsizing their workforce.

    She says it is the most since early 2020 when lockdowns were impacting the business landscape.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Law and Order:
    A request for information, over the death of Nelson Police officer Lyn Fleming 7:56

     Business:
    An expectation Maori businesses will continue to start up and expand 7:46

     International:
    In food-scarce Gaza, Mokhtar searches high and low to serve meals to hungry Palestinian kids 7:46

     Law and Order:
    Flowers, notes, and messages of support are being left for the loved ones of a Nelson policewoman, killed on duty 7:36

     Business:
    An expectation for house prices to flat-line as 2025's predicted to be a year of cautious stability 7:26

     Business:
    Stable house prices are tipped for 2025 7:16

     International:
    Al Jazeera hits back at Palestinian Authority after being suspended from operating in the West Bank 7:06

     Law and Order:
    A man's been charged with murder, attempted murder, and six other charges - over the death of Nelson police officer Lynn Fleming 6:06

     Cricket:
    India captain Rohit Sharma appears on the verge of being dropped for the fifth cricket test against Australia in Sydney starting today 5:36

     Law and Order:
    Police are investigating a report that a young person was approached in Christchurch this afternoon by a male who tried to get them into a vehicle 21:56

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