The government and banking sector support for finding a solution to SME funding was displayed again this last week as the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell released their well anticipated report and recommendations into improving SME funding in Australia, the Affordable capital for SME growth report.
Did you miss the announcements last Friday? Little wonder, as it was not picked up in any mainstream media or spruiked by the government.
The review was for SME generally, but the recommendations can be translated into a franchise sector solution as well. I will get back to you on that front.