A headline like, “Regional and rural small businesses outperform metropolitan-based businesses,” is sure to get my attention. This one is from Australia, and mirrors U.S. trends.
In Australia:
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| Business looks good at the Exchange Hotel, in Grenfell, Australia (population 1900). Photo (CC) by Pip Wilson. |
- All small business monthly growth for October 2011 was 2.8%, while regional and rural small businesses grew at 4.7%.
- The year to date growth for all business was 1.9%, compared to rural small business at 2.7%.
So, rural small business in Australia is doing very well, based on data from ANZ Australia and New Zealand Banking Group. They issue monthly sales trends reports on small business, based on transactions processed through their merchant systems.
If you’d like more detail, you can read the press release or download the PDF version with graphs from Noodls: Small Business sales trends grow in October.
How is rural small business doing in your country?
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Becky started Small Biz Survival in 2006 to share rural business and community building stories and ideas with other small town business people. She and her husband have a small cattle ranch and are lifelong entrepreneurs. Becky is an international speaker on small business and rural topics.
