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If Christmas 2019 is anything like last year, Australians will collectively spend around $51.5 billion between mid-November and 25 December. However, a study by Honeycomb Strategy on behalf of OnDeck Australia, found that the festive season can bring disruption to SMEs.
Research by leading online lender OnDeck confirms that one in three (30%) SME owners have no plans to take time off this year. Among the 70% that do intend to take a break, a holiday is likely to be a ‘workation’, with 95% of SME owners saying they check emails while away from their business.
The service, which is 100 percent online and free, will give small business owners access to a clearer picture of their financial situation and eligibility for a business loan.