Small businesses openings increase across South Australia

The number of new businesses operating in South Australia continues to rise, according to new figures.

Recent Australian Bureau of Statistics (ABS) data on business entries and exits in Australia showed that 159,978 small businesses were now operating in South Australia, up from 155,000 from the previous year.

The state’s hospitality sector leads the nation in net restaurants and cafes openings, with 141 new ventures, representing 28 per cent of all new restaurant and cafe openings in Australia.

Overall, the number of restaurants and cafés in South Australia was 5.1 per cent higher at the end of the 2024 financial year than it was at the start of the year.

For the second year running, the Business Council of Australia named South Australia the nation’s best place to do business.

Tailored business support to start and grow your business

The Small Business Fundamentals Program is providing tailored support to new and established business owners who are keen to build their business know-how and capability.

Whether you need help developing your business plan, setting up social media accounts, or refining your leadership style, mastering business fundamentals is essential for growth and staying competitive.

If you’re among the many new hospitality businesses, tailored sector support is available through the Australian Hotels Association, with new courses starting in February 2025.

The Small Business Fundamentals Program is a key action under the South Australian Government’s Small Business Strategy 2023-2030.