Business endured another tough year in 2012 with many parts of the world still struggling through with the lingering effects of the global financial crisis.
Conditions in Australia were nowhere near as dire despite the recent falls in consumer and business sentiment.
However, many of 2012's success stories were about individuals and companies who managed to come back from the brink.
Here are some of 2012's business winners.
(All images AAP)
Business winners of 2012