Reading Time: 3 minutesFor small businesses, formalisation should not feel like another administrative burden. Done well, it can become a route to trust, finance and growth. In Somalia, informal shops and traders keep economies alive daily; so, are we formalising for paperwork, or to really help entrepreneurs succeed?
Entrepreneurship in Times of COVID-19
Reading Time: 3 minutesEntrepreneurs have been hit hard by the crisis. Surveys show that since the start of the pandemic, globally, 70-80% of SMEs experienced a serious drop in revenues/sales, and over 40% stopped operations altogether in the first wave of the crisis.
