In 2019, the number of retail businesses in Spain was around 460,000. By 2021, that figure had fallen to less than 428,000 businesses. In other words, some 32,000 businesses had fallen by the wayside, a figure that increased by a further 13,000 retail businesses lost in 2022, meaning that some 45,000 businesses would have been lost since the year before the pandemic, according to UPTA data. The rise of e-commerce,…
Thinking about challenging the crisis and starting a business next year? One of the classic first steps is the SWOT analysis: it will only take you about 20 minutes to list your company’s strengths, weaknesses, opportunities, and threats. The more you’ll think out of the box, the more interesting results you’ll get…
LONDON | Less than 5 percent of all small businesses play the biggest role in boosting the UK economy, a new report by Santander Corporate Banking has concluded. The study, released Tuesday, also indicated that this same small fraction of SMEs accounts for two-thirds of all private-sector employment. Santander analysts found that a very limited number of small businesses have a significantly higher economic impact than the rest of the UK small…