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This text was translated from our Spanish version utilizing AI applied sciences. Errors might exist on account of this course of.

Opinions expressed by Entrepreneur contributors are their very own.

Regardless of how difficult the brand new regular and the disaster left by the COVID-19 pandemic might be , entrepreneurs have been an instance of resilience, tenacity and perseverance, and Mexicans are not any exception.

“Entrepreneurs aren’t solely altering the world, they’re additionally the principle gear that strikes the economic system and promotes the technology of jobs, that are a precedence to drive financial restoration,” says Jorge Corral, government director of the Affiliation of Entrepreneurs of Mexico (ASEM).

In Mexico, 72% of jobs come from small and medium-sized firms ( SMEs ), that are headed by an entrepreneur, in keeping with the Ministry of Economic system. On the planet, information from the World Commerce Group (WTO) point out that micro, small and medium-sized enterprises (MSMEs) “are the spine of many economies; they symbolize 95% of the entire of firms of the entire world and generate 60% of the employment ”.

Within the new regular, the digitization of firms performs a key function, for the reason that adoption of recent technological instruments to streamline and automate processes have allowed companies to proceed working regardless of sanitary restrictions.

The Nationwide Institute of Statistics and Geography (INEGI) signifies that, from January to September of final yr, the pandemic prompted the closure of 20.8% of the businesses; that’s to say, simply over 1,000,000 companies stopped working; in distinction, throughout the identical interval, greater than 619 thousand have been born.

On this regard, Corral states that, primarily based on estimates from Banco de México, INEGI and a few worldwide ranking companies, “we all know that the financial restoration will happen regularly and doubtless in 2022 or till 2023 we are able to recuperate the extent of progress previous to the measures. for COVID ”.

For that reason, he factors out that catalyzing the digitization processes is important, for the reason that pandemic evidenced the aggressive variations between digitized firms and people who aren’t. “From the ASEM we’ve got a vital dedication in collaboration with allies resembling WhatsApp, Fb and Akky to have the ability to promote elevated gross sales and the positioning of firms,” says the chief director of ASEM.

However, many firms needed to cut back their workforce or lower the salaries of their collaborators, “so at ASEM we guess that the financial restoration is accompanied by the operational capability of the businesses, not solely from digitization, but additionally from that they regain their administration capability in order that they’ll proceed providing their services and products as they did beforehand, ”provides Corral.

In Mexico, 72% of jobs come from SMEs / Picture: Depositphotos.com

A take a look at entrepreneurship in Mexico

A number of months in the past, ASEM launched the primary X-ray of Entrepreneurship in Mexico, a doc that collects details about entrepreneurship on the nationwide degree. This primary effort to map the wants, pursuits and traits of entrepreneurs “is a information that enables us as an affiliation to know the place we’re ranging from and the place we should always go to advertise the expansion of firms,” provides Corral.

In keeping with the Radiography these are some information of the Mexican enterprises:

  • 35% of entrepreneurs are between 26 and 35 years outdated
  • 61% are males and 39% girls
  • 80% of SMEs bill lower than 2 million per yr
  • 74% have between 1 and 5 workers
  • 45% promote providers, 25% merchandise and 30% services and products
  • 40% was based by two companions

The research additionally addresses the motivations that led entrepreneurs to start out their initiatives, amongst which stand out: private {and professional} progress, fixing a market or setting drawback, discovering a worthwhile alternative, growing their revenue degree, growing a services or products. and cease having a boss.

With out worry of failure

In a rustic the place solely 25% of SMEs survive the primary two years, in keeping with INEGI, the ASEM considers it a precedence to gather stay info on the the reason why entrepreneurs fail. On this regard, the affiliation discovered that the lack of information out there, poor administration of the enterprise and issues with companions are the principle causes. As well as, entry to financing additionally influences, since 90% of ventures are financed with assets from the entrepreneur, not less than the primary three years of life.

Among the many elements that make entrepreneurship harder are financing alternate options, late fee of purchasers, the tax construction, lack of preparation and forms. Given this, the ASEM contemplates a sequence of actions and packages for this 2021 that ponder the next proposals:

  • Promote the 30-day Cost Regulation.
  • Simplify the structure of different mercantile firms.
  • Suggest a extra acceptable tax regime for firms and that promotes the transfer to formality.
  • Optimize immigration coverage for international firms and entrepreneurs
  • Streamline the analysis and backbone of focus processes during which startups in Mexico take part.
  • Promote a particular regime to acknowledge triple impression undertakings (financial, social and environmental), often known as Profit and Collective Curiosity (BIC).

The ASEM signifies that it has a everlasting dedication to entrepreneurship in Mexico, for which it has the collaborations of strategic allies to offer packages, mentoring and coaching on varied subjects resembling gross sales, finance, digital advertising and marketing and inspection, amongst others.

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