Digital SMEs grow revenue and profits up to twice as fast as their offline counterparts.
Tag Archive for SMEs
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Brexit puts more than third of UK small businesses at risk of closure
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
EXCLUSIVE: More than a third (37 per cent) of UK small businesses claim Brexit could result in their business closing, according to research.
More than two fifths (44 per cent) of SMEs say that Brexit will or already has driven their businesses to lay off employees, according to research by business payments firm Equals Money.
More than three quarters (76 per cent) of 1,050 SMEs surveyed say foreign suppliers have increased prices, and more specifically, a third (33 per cent) say suppliers have increased their prices by more than 10 per cent. More than half (53 per cent) say that Brexit could or has resulted in higher shipping costs.
>See also: Half of small business exporters struggling with new rules post Brexit
Tomorrow (June 23) will mark five years since the Brexit referendum took place and the UK voted to leave the European Union by a majority of 52 per cent. Brexit officially came into force in January 2021, but it wasn’t until May 1 2021 that the EU–UK Trade and Cooperation Agreement (TCA) came into effect. The free trade agreement now governs the relationship between the EU and the UK.
>See also: A quarter of small exporters
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Santander and Coparmex join forces to reactivate SMEs in CDMX with preferential loans
by Entrepreneur en Español • • 0 Comments
Banco Santander promised to offer better loan conditions to the nearly 5,000 Coparmex associates in CDMX.
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Why SMEs in Mexico Fail: The Reasons Nobody Talks About
by Nathan Schorr • • 0 Comments
Small and medium-sized companies today have the challenge of adapting to the new demands of potential customers.
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Do you have a MSME? The CDMX government could give you a loan of 10,000 pesos
by Entrepreneur en Español • • 0 Comments
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53% of companies increased their online sales after lockdown: ASEM
by Entrepreneur en Español • • 0 Comments
Among the digital tools that have been used by companies throughout the pandemic are e-commerce platforms, the use of social networks as a customer service channel and as marketplace platforms.
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How to optimize the investment of SMEs in technology
by Entrepreneur en Español • • 0 Comments
Reliance on technology drives a fast pace of innovation, but some organizations can find it difficult to keep up with such rapid changes.
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MarketFinance offers small business grants of £5,000 each
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
MarketFinance, the fintech business lender, is offering grants of £5,000 to support small businesses.
Businesses have until December 31 to apply for grants through the MarketFinance Business Booster Fund.
Three businesses will be selected and announced on January 6.
Timings of subsequent rounds will be confirmed in 2021.
>See also: Treasury to discuss COVID-19 grant for company directors
Any business in any sector can apply, so long as it has been trading for at least two years and is showing positive growth. It is not necessary to be an existing customer of MarketFinance to be eligible for the grant.
MarketFinance, which has offices in London and Manchester, is especially keen to support entrepreneurs who value diversity, inclusion and giving back.
Since 2011, MarketFinance has advanced over £3bn to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.
MarketFinance is backed by Barclays, Santander InnoVentures, European venture capital fund Northzone (whose investments include Klarna, iZettle and Trustpilot) and private equity group MCI Capital (also invested in iZettle, Azimo and Gett).
>See also: Liverpool launches £9.5m grant fund for ‘excluded’ self-employed
Anil Stocker, CEO of
Hot Business News Today
MarketFinance offers small business grants of £5,000 each
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
MarketFinance, the fintech business lender, is offering grants of £5,000 to support small businesses.
Businesses have until December 31 to apply for grants through the MarketFinance Business Booster Fund.
Three businesses will be selected and announced on January 6.
Timings of subsequent rounds will be confirmed in 2021.
>See also: Treasury to discuss COVID-19 grant for company directors
Any business in any sector can apply, so long as it has been trading for at least two years and is showing positive growth. It is not necessary to be an existing customer of MarketFinance to be eligible for the grant.
MarketFinance, which has offices in London and Manchester, is especially keen to support entrepreneurs who value diversity, inclusion and giving back.
Since 2011, MarketFinance has advanced over £3bn to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.
MarketFinance is backed by Barclays, Santander InnoVentures, European venture capital fund Northzone (whose investments include Klarna, iZettle and Trustpilot) and private equity group MCI Capital (also invested in iZettle, Azimo and Gett).
>See also: Liverpool launches £9.5m grant fund for ‘excluded’ self-employed
Anil Stocker, CEO of