Less than a third of small and medium businesses still operating 10 years later - Stats NZ

6 minutes ago

Stats NZ data indicates just 27 percent of SMEs established in 2015 were still in business in 2025.

Tough economic conditions over the past six years have taken a toll on the survival rate of small- and medium-sized businesses, though franchise operators appear to have fared better than the rest.

International data supplied by the Franchise Association of New Zealand (FANZ) indicates about 75 to 85 percent of franchises were still operating after five years, compared with about half of independent small businesses.

Stats NZ data indicates just 27 percent of SMEs established in 2015 were still in business in 2025.