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Nine biggest issues facing SMEs in Ireland in 2019

Written by , on 5th Jun 2019. Posted in General

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The top nine issues facing SMEs in Ireland in 2019 has been revealed according to a survey carried out by Biz Expo which takes place at Citywest Convention Centre tomorrow.

Two thousand business owners, managers and service providers across tech, craft manufactures, financial firms, training providers, food franchises, law firms, marketing companies, IT providers, video production companies, and recruitment firm’s wide spectrum of companies took part in the survey to reveal the top issues.

The number one concern facing the majority of SMEs across the country is irregularity in incomes received and the difficulties that can incur as a result. This is a problem for both new and established business, who report that problems in this area can affect reputation, profitability and finance management.

The Top Issues Facing SMEs (Ranked in Order):
1. Cash Flow
2. Brexit
3. Marketing
4. Planning, Strategy and Growth
5. Regulations and Insurance
6. Time
7. Competitors
8. Staff
9. Stability

Biz Expo, described by the organisers as Ireland’s leading SME networking exhibition, takes place on Thursday 6th June at Citywest Hotel & Convention Centre. The show is now in its 9th year and features a day of networking for business owners and employers, an exhibition hall of more than 100 SMEs provides products and services, free workshops and a day of talks and seminars.

Source: www.businessworld.ie

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