Spain: 700,000 SMEs running at a loss
Fernando Santiago, president of the Spanish administrative managers, explains: “Our latest barometer, carried out among 6,000 Spanish registered administrative managers, shows that 23% of the 2.9 million small and medium-sized businesses closed in losses in 2023,” Fernando Santiago * | Almost 99% of businesses in Spain have 49 or fewer employees. And if you make a list of the entrepreneurs you know, you will be surprised: the hairdresser’s, the baker’s,…