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Tag Archives: Small and Medium Business

Globe ICT solutions can help SMEs to stay in business and succeed

A study commissioned by Globe Business showed that about 50% of small and medium-scale enterprises (SMEs) run the risk of experiencing financial or operational difficulties and may close-shop within three years. The study cited limited capacity-building in running the various facets of a business as the main reason behind the difficulties encountered by entrepreneurs.

Manny Escosa, Head of Marketing for the Small and Medium Business (SMB) segments of Globe Telecom, said that about half of the country’s small and medium-scale businesses are likely to go bankrupt or close-shop by their third year of operation.
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Posted by on September 5, 2012 in Globe Telecom, Technology

 

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