This section also examines This report aims to better understand the two existing risks which are likely to increase in importance of microbusinesses — namely, the coming years — cyber security and natural businesses that are characterised by a small disasters — both of which have the potential to number of employees, turnover, and assets. [...] Where in the microbusiness sector the latter are generally perceived as standalone and impersonal entities, microbusinesses have a Another defining feature of the microbusiness closer association with the individuals who run sector is the role of women. [...] The BCS reports that between the 2017-18 and 2019-20 financial years, the proportion of microbusinesses placing orders and receiving orders via the internet grew by 12.43% and 23.01% respectively—more than any other business size for both categories.30 While the development of internet and communications technology has facilitated microbusiness growth, it has also created a new set of risks throug. [...] The less structured and informal nature of microbusinesses means that the personal information of business owners is much more likely to be linked to business information, which widens the scope of a potential data breach. [...] In addition, the freedom of autonomy and satisfaction that the buck stops with me motivates me to reach out and create something that serves my local community.” Like many others who own a microbusiness, having to cover all aspects of running the business presents tasks and areas of commerce which are difficult to navigate.
- Pages
- 44
- Published in
- Australia
