Running a small business can sometimes seem like an extreme sport. The challenges faced by small and medium sized businesses — whether in Mexico or elsewhere — are universal. Small and even medium-sized businesses do not have the luxury of high-level CFOs or teams of external accountants armed with expensive software. Instead, they grapple with financial complexity, compliance, and risk mitigation on their own, constantly looking for practical solutions that won’t break the bank or the bottom line.
The realities of small business financial management and risk mitigation are real and with regulatory issues and the threat of fraud on the rise, there is no better time to embrace the transformative technologies that can give Mexican businesses or businesses operating in Mexico a level playing field in this globalized economy.
With years of experience and a broad and growing client portfolio, we’ve uncovered the most common and widely felt issues in small and medium-sized businesses.