The Crisis and Your Rpercusión in SMEs need to be taken fully into account
Feb 19, 2009
Of course, the implications arising from the current economic financial crisis has led to very serious effects on the economy of many countries, particularly where it originated, the United States has led to the current government of Barack Obama to seek solutions that will not seriously affect the severe recession facing this country and has led to the number of unemployed that there be very important, seriously harming many families who have seen their purchasing power curtailed in favor of acquiring the necessary commodities.
Faced with this reality that has hit many economies, many of its actors, especially the business sector, especially SMEs, it is interesting to explore what they think about that some countries that have already ventured into its implications, this is the case in Argentina , where Universia Knowledge Wharthon provides an interesting analysis, noting that President Barack Obama, faced with this reality, said: "Act fast for the crisis is not a historic catastrophe," of course, this is not very encouraging for this 2009 beginning. Especially in the case of the most influential country on the planet, which went into recession since lost more than 3 million jobs. Against this background, which has strong international implications, the countries of this world, like the Latin American continent, not far from suffering the backlash of chaos.
It is noted that in fact you have to actually add to its severe internal problems: the slowing economy, which during the second half of 2008 grew by 7.1%, the lowest rate of the last 6 years, according to the Institute National Statistics and Census, the crisis in key sectors such as rural, which lost more than 12,000 million dollars as a result of drought and falling prices, the fall in consumption and the possibility of layoffs increase. According to official figures, unemployment in the country reached 7.3%, while education officials say that in 2009, could reach double digits. In fact, some factories have laid off some of their staff before the downturn, or have pre-holiday of their employees.
It is said, is remarkable, as it has fallen buying autos, appliances and buildings, so the government launched plans to encourage consumption through, for example, plans to swap refrigerators and ovens and finance for cars kilometer zero
Very significant when it says that the sector most affected is the small and medium enterprises (SMEs) in the case of Argentina, even in Venezuela, where the first generates almost 90% of total employment recorded in the country. While no concrete figures, the Undersecretariat for Small and Medium Enterprises and Regional Development (SEPYME) estimates that there are 1,550,000 active SMEs, of which 71% is in the province of Buenos Aires. The agency classifies SMEs as the average annual sales for the past three years, the cut is different according to the sector responsible for the firm. Thus, a service company that bill less than $ 135,000 are considered small, whereas a construction firm that generates sales of less than $ 7 million is classified as medium enterprises.
Therefore, the challenges facing SMEs in 2009 is a long list, which could be summarized in the opinions of experts and DENTICO Henry, a researcher at the Universidad Nacional de San Martín (UNSAM): "When all the sectors see a contraction in demand A high domestic interest rate (of at least 20%), prices and margins are not clear, lower profitability, the challenges are significant. One can infer that uncertainty and lack of investment projects will differ, so the profitability will be hit further by making the funding itself has a very high weight to development, "she says.
Jorge Colina, a researcher at the School of Economics, Universidad Católica Argentina (UBA), the problems will be presented at SME exporters as they work for the local market: "The cycle of the Argentine economy depends heavily on the trade cycle internationally. The statistics support the notion that Argentina does well when the international context is favorable, and vice versa. Thus, when foreign trade facilitates economic expansion will benefit all companies, and when external conditions become adverse sales drop for both occurs. Therefore, with recession, both are affected. " Hill adds that "the challenge is ultimately successful on the face of falling sales and supporting customers looking for new
Hill argues that it is not as important to look at how SMEs are focused on the new measures, which are transitory. The analysis should be looking at how effective measures to maintain the level of activity. For an SME, a credit promotion is inadequate if sales fall and costs are out of control. Therefore, what remains important is how the overall economic activity and what are the general conditions of production where the fundamental issue here is labor and tax (either with low social charges for companies or tax reduction), rather than sectoral measures. "
We add KnowledgeWharton Universia thereon were considered, indicating DENTICO Henry, a researcher at the UNSAM argue that "for the short term, employers will be targeted at SMEs have a working capital which does not depend on bank credit that is expensive and low. A very thorough review of who is who in the customer base, to strengthen the relationship with them, while the relationship of credit and collection. Inventories will play an important role in terms of their economic weight in the financial structure. And the relationship with the suppliers to take back and forth, depending on how well you go to my supplier - as to the payment chain. While promotions are perceived as the most be used to maintain the product in the market. "
Everything seems to indicate that the board of George Hill, the AAU, are aimed at "putting the emphasis on reducing costs, making efficient management of human resources, administrative costs and tax, and the organization of production. And from these achievements in order, find new products and new channels and ways of marketing and promotion. But there is little point in the new and good ideas if a sudden loss of profit generated by the crisis quickly down the sustainability of the company. "The researchers emphasize the costs of internal control because they also affect the rise in public services such as light, transport, gas. The unions, aware of this situation, as new demands are being planned for its members. In that sense, DENTICO explains that "hit rate increases very strong in the final cost for the power (electricity and gas) companies have much impact on intensive use of energy sources, thereby reducing the scope to operate in a rarefied atmosphere, as Claudio Cabillas owner of a small supplier of inputs for the oil industry that supplies the local market, regional and Africa. Meanwhile, I think the decision on the bid SMEs will pay a worker where the employer can become more flexible, but this does not imply a severe impact on costs. "
Venezuelan responsible management of SMEs have to relocate to the effects of this reality, namely to determine its scope, especially when the country's business sector, especially SMEs, face serious problems of survival, even a decade ago, when the government of President Hugo Chávez began his statement by expressing a socialist ideology for the country, leading to the Bolivarian revolution, which has led a turbulent scene, uncertain, risky, where many SMEs have disappeared, and those that still remain, do with fear, uncertainty.
A large number of SMEs that are facing serious funding problems, productivity, competitiveness, entrepreneurship, getting a lot of work to reduce its staff and others to participate in the market with a product that does not guarantee true competitiveness as the existing venues require. Of course there are some who have managed to cope, however, are now added the world economic crisis where management should focus on action plans to ensure their survival, namely the opportunities.
Faced with this reality that has hit many economies, many of its actors, especially the business sector, especially SMEs, it is interesting to explore what they think about that some countries that have already ventured into its implications, this is the case in Argentina , where Universia Knowledge Wharthon provides an interesting analysis, noting that President Barack Obama, faced with this reality, said: "Act fast for the crisis is not a historic catastrophe," of course, this is not very encouraging for this 2009 beginning. Especially in the case of the most influential country on the planet, which went into recession since lost more than 3 million jobs. Against this background, which has strong international implications, the countries of this world, like the Latin American continent, not far from suffering the backlash of chaos.
It is noted that in fact you have to actually add to its severe internal problems: the slowing economy, which during the second half of 2008 grew by 7.1%, the lowest rate of the last 6 years, according to the Institute National Statistics and Census, the crisis in key sectors such as rural, which lost more than 12,000 million dollars as a result of drought and falling prices, the fall in consumption and the possibility of layoffs increase. According to official figures, unemployment in the country reached 7.3%, while education officials say that in 2009, could reach double digits. In fact, some factories have laid off some of their staff before the downturn, or have pre-holiday of their employees.
It is said, is remarkable, as it has fallen buying autos, appliances and buildings, so the government launched plans to encourage consumption through, for example, plans to swap refrigerators and ovens and finance for cars kilometer zero
Very significant when it says that the sector most affected is the small and medium enterprises (SMEs) in the case of Argentina, even in Venezuela, where the first generates almost 90% of total employment recorded in the country. While no concrete figures, the Undersecretariat for Small and Medium Enterprises and Regional Development (SEPYME) estimates that there are 1,550,000 active SMEs, of which 71% is in the province of Buenos Aires. The agency classifies SMEs as the average annual sales for the past three years, the cut is different according to the sector responsible for the firm. Thus, a service company that bill less than $ 135,000 are considered small, whereas a construction firm that generates sales of less than $ 7 million is classified as medium enterprises.
Therefore, the challenges facing SMEs in 2009 is a long list, which could be summarized in the opinions of experts and DENTICO Henry, a researcher at the Universidad Nacional de San Martín (UNSAM): "When all the sectors see a contraction in demand A high domestic interest rate (of at least 20%), prices and margins are not clear, lower profitability, the challenges are significant. One can infer that uncertainty and lack of investment projects will differ, so the profitability will be hit further by making the funding itself has a very high weight to development, "she says.
Jorge Colina, a researcher at the School of Economics, Universidad Católica Argentina (UBA), the problems will be presented at SME exporters as they work for the local market: "The cycle of the Argentine economy depends heavily on the trade cycle internationally. The statistics support the notion that Argentina does well when the international context is favorable, and vice versa. Thus, when foreign trade facilitates economic expansion will benefit all companies, and when external conditions become adverse sales drop for both occurs. Therefore, with recession, both are affected. " Hill adds that "the challenge is ultimately successful on the face of falling sales and supporting customers looking for new
Hill argues that it is not as important to look at how SMEs are focused on the new measures, which are transitory. The analysis should be looking at how effective measures to maintain the level of activity. For an SME, a credit promotion is inadequate if sales fall and costs are out of control. Therefore, what remains important is how the overall economic activity and what are the general conditions of production where the fundamental issue here is labor and tax (either with low social charges for companies or tax reduction), rather than sectoral measures. "
We add KnowledgeWharton Universia thereon were considered, indicating DENTICO Henry, a researcher at the UNSAM argue that "for the short term, employers will be targeted at SMEs have a working capital which does not depend on bank credit that is expensive and low. A very thorough review of who is who in the customer base, to strengthen the relationship with them, while the relationship of credit and collection. Inventories will play an important role in terms of their economic weight in the financial structure. And the relationship with the suppliers to take back and forth, depending on how well you go to my supplier - as to the payment chain. While promotions are perceived as the most be used to maintain the product in the market. "
Everything seems to indicate that the board of George Hill, the AAU, are aimed at "putting the emphasis on reducing costs, making efficient management of human resources, administrative costs and tax, and the organization of production. And from these achievements in order, find new products and new channels and ways of marketing and promotion. But there is little point in the new and good ideas if a sudden loss of profit generated by the crisis quickly down the sustainability of the company. "The researchers emphasize the costs of internal control because they also affect the rise in public services such as light, transport, gas. The unions, aware of this situation, as new demands are being planned for its members. In that sense, DENTICO explains that "hit rate increases very strong in the final cost for the power (electricity and gas) companies have much impact on intensive use of energy sources, thereby reducing the scope to operate in a rarefied atmosphere, as Claudio Cabillas owner of a small supplier of inputs for the oil industry that supplies the local market, regional and Africa. Meanwhile, I think the decision on the bid SMEs will pay a worker where the employer can become more flexible, but this does not imply a severe impact on costs. "
Venezuelan responsible management of SMEs have to relocate to the effects of this reality, namely to determine its scope, especially when the country's business sector, especially SMEs, face serious problems of survival, even a decade ago, when the government of President Hugo Chávez began his statement by expressing a socialist ideology for the country, leading to the Bolivarian revolution, which has led a turbulent scene, uncertain, risky, where many SMEs have disappeared, and those that still remain, do with fear, uncertainty.
A large number of SMEs that are facing serious funding problems, productivity, competitiveness, entrepreneurship, getting a lot of work to reduce its staff and others to participate in the market with a product that does not guarantee true competitiveness as the existing venues require. Of course there are some who have managed to cope, however, are now added the world economic crisis where management should focus on action plans to ensure their survival, namely the opportunities.
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