Since a firm begins operations, having financing and a plan to use and generate resources is something important. It is even crucial before starting a project, for it to be successful. In fact, 90% of businesses fail during the first five years of operation, and inadequate financial planning is a...
By Erez Saf, Pymes Capital President As we start to plan our budgets and strategies for 2023, we should pause and consider how financially productive our business is. How are we evaluating our progress? What methods can we use to track and improve our performance throughout the year?...
For SMEs, having strategies to increase sales is key in their day to day, if they want to prevail over time and overcome the competition, as well as grow and forge strength in the market. According to data from the 2021 Business Demographics Study, there were a total of 1.6...
TIt is estimated that the digital economy is equivalent to more than 15% of global GDP. This change has paved the way for companies that until recently did not operate online to take the step towards digitization and with it, the expansion of their markets; but it has also given...
Financing is one of the key factors for companies, therefore, obtaining it must be a process that does not end up representing greater difficulty for them, so that smaller and medium-sized businesses can have the resources they need as soon as possible, in a way easy and fast. Taking into...
The pandemic context is practically behind us, 2022 ends and the sights of SMEs in Mexico are set on what awaits them for 2023. It is estimated that during the covid crisis, between 2019 and 2021, 1.6 million companies were forced to close their doors. For this reason, many businesses...
