NSW Small Business Strategy

NSW Small Business StrategyThe NSW Small Business Strategy builds on the strong track record of investment in small business by the NSW Government.

The strategy demonstrates how the government is unlocking more opportunities for small business, including those in regional NSW.

Key initiatives outlined in the strategy

1. Exploring opportunities for further taxation relief to encourage small business growth

We are committed to helping small businesses grow and create jobs in local communities. We will continue to look at new opportunities to reduce the burden of taxation.

2. Investing in new skills for business

We will extend the availability of education and training services so small businesses across NSW have the skills they need to grow their business and workforce.

3. Creating fair procurement opportunities

We will make the procurement process less complex to improve opportunities for small businesses to win government contracts.

4. Enabling better access to cash flow and capital

We will tackle issues of capital and cash flow for small business by addressing late and extended payment terms and by improving access to finance options for enabling growth and job creation.

5. Making it easier to start a business

We will reduce red tape and connect businesses with the right information at the right time to make getting started in business easier.

6. Providing tools to build resilient businesses

We will support business resilience through improved connectivity, and by building business capability and preparedness to adapt in a changing environment.

Download the NSW Small Business Strategy highlights

Download the full NSW Small Business Strategy

Read the media release Serving up a strategy for small business


What small business looks like in NSW

Small businesses are the engine room for the thriving NSW economySmall businesses drive metropolitan and  regional economiesNSW is home to 34% of all small businesses in AustraliaIn 2015-16 jobs growth in regional NSW was stronger than for all other regional areas in Australia combinedThe top NSW  small business industriesApproximately 68% of NSW small business owners are male and 32% are female