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Will this initiative save small businesses from failing in Melbourne, Australia?

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Will this initiative save small businesses from failing in Melbourne, Australia?

August 10
03:12 2019

Xugar Design, a well-recognised digital marketing business based in Melbourne, Australia, has announced this week that it will begin offering services to help small businesses and start-ups develop and grow. By offering support systems for young entrepreneurs and new businesses, and a full service for establishing businesses online, the digital marketing agency aims to reduce small business failure in Australia.  

After seeing recent reports from the Australian Bureau of Statistics detailing the survival rates of small businesses, Xugar founder and owner Sagar Sethi realised that the services they already offered would be great for businesses looking to get established without experience. “These days lots of people are looking to start their own businesses. It’s a bit of a trend, but it’s been really exciting as a business owner myself. Thing is, many of these people haven’t had business experience before, and if you don’t know where to start or what your business needs, it can be incredibly daunting.”  

According to the Australian Bureau of statistics, the survival rate of small businesses has dropped dramatically over the last 4 years. In their June 2014-2018 report it was found that small businesses, i.e. businesses with less than 5 employees, and businesses with an annual turnover of up to $200,000, had an average survival rate of 51.2%. Xugar is hoping that helping new business owners to learn the essentials and get their businesses up off the ground will increase the number of successful businesses, and spur creativity and competition in Melbourne’s start-up ecosystem.  

The new service includes:    

  • Funding offered to lower development costs 
  • Support network for small business owners 
  • Assistance and advice for business decisions 
  • Unlimited access to business development professionals 

Xugar’s experience with business and development has allowed them to aid many business owners in establishing their businesses. It hopes that these newly defined services will allow them to help more people looking to start businesses.  

About Xugar:

Xugar is a leading digital marketing and growth agency based in Melbourne, Australia. For years they have been helping businesses grow online through SEO, Content marketing, online advertising and more. For more information visit https://xugar.com.au.  

Media Contact
Company Name: Xugar
Contact Person: Sagar Sethi
Email: Send Email
Address:+61 3 8595 6850
City: Melbourne
State: VIC
Country: Australia
Website: https://xugar.com.au/seo-agency-melbourne/