The global pandemic transformed the way we work and shop. While many businesses were able to weather the storm of the global pandemic shutdowns, running a small business along our Main Streets is now more complex.
Category: SMEs
Daring to do: Young social entrepreneurs doubling down on business with impact
What do young social entrepreneurs need to do to ensure their ideas and experiences are woven into future social entrepreneurship policies? This article has the answers…
Blindar a las pymes: ¿cómo reforzar su defensa contra los ciberataques?
Cyberattacks can spell disaster for businesses of all sizes, but especially smaller firms. The median cost of a ransomware attack can amount to up to USD 1.2 million, and up to USD 1.6 million in the case of computer data breach. Urgent action is needed to support SMEs in better preparing and managing digital security risks.
Comment renforcer la protection des PME face aux cyberattaques ?
Cyberattacks can spell disaster for businesses of all sizes, but especially smaller firms. The median cost of a ransomware attack can amount to up to USD 1.2 million, and up to USD 1.6 million in the case of computer data breach. Urgent action is needed to support SMEs in better preparing and managing digital security risks.
Covid + Fintech: finally a game changer for SME financing?
Just six years ago, more than half of SME retailers’ transactions were paper based – in the form of cash or cheques. That world is long gone. Why? A large part is because Covid-19 gave digital payments a huge boost.
Making data dance: The key to SME scale up?
A number of barriers, notably uneven access to data, technology and skills hold too many SMEs back from making the most of new opportunities created by the data economy. Outdated data infrastructure, management practices and cultures are a factor.
The secrets of SMEs – and how to protect them
For many SMEs, knowledge is power. Their business – and competitive edge – depends on their knowledge of markets and their product. Businesses can protect some of their most strategic insights through trade secrets.
From one crisis to another: what price for SMEs?
The stock of outstanding SME loans grew at around 5% in 2020, a record high since 2007. Many weakened businesses were expecting respite as their troubles began to recede, but Russia’s war against Ukraine has sent a tidal wave through OECD countries and regions.