Small businesses have done well over the Christmas period. The sales that they made over the said period had exceeded what was initially expected. However, the general figures of the calendar 2011 did not prove impressive despite the subdued conditions of the market.

Compared to the same month last year, the sales trends of small businesses show that in December 2011, there was an increase of about 3.3 percent according to ANZ Banking Group’s monthly Small Business Sales Trends. The report added that the growth had been continuous for eight months due to good performances in the mining states, and non-retail and service sectors.

Western Australia, which has sales rising about 4.9 percent in December last year, has surpassed other territories. The divergence in the performance between Western Australia and those less-mining states are already becoming more obvious according to Nick Reade, General Manager of Small Business of ANZ.

Traditional retailers were surpassed by non-retail and services sectors in the month of December. Enlisted in the best performers are automotive that went up to 8.2 percent year-on-year, as well as trades that also went up about 6.4 percent.

In the retail-related small businesses, the best growth rates were recorded by restaurants with a 10 percent increase in December 2010. Mr. Reade noted that in order to achieve the mentioned growths, retailers had to give discounts.

"Essentially, what we're seeing is still a very mixed story for small-business sales, with wide gaps across geographies and between segments, particularly between retail versus the trades and services,” he also said.

Of all card transactions in Australia, ANZ gets about 20 percent market share.

And with these positive sales results, every small and medium enterprise has to use small business accounting software to ensure accuracy and security in every transaction. An example of this is the Australian accounting software, Shoebooks, which is the top leading accounting software solutions provider in Australia.


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