A new report from KPMG puts an interesting new spin on encouraging small businesses to step up to become medium-sized businesses. It seems being (a bit) bigger might be more fun and lucrative. As we all know, New Zealand is a nation of small (and very small) businesses. Ministry of Business Innovation and Employment figures show 97 percent of companies have fewer than 20 employees; 69 percent are sole traders. Often our small businesses stay small for logical reasons. MYOB research last year showed a third of small business owners did it for the flexibility - being able to spend time with family, work hours that suited them, taking the odd overseas break.
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