Sunday April 5, 2020

7 key challenges facing Irish SME owners - and how to tackle them

Small businesses – those with 50 employees or fewer – face a unique set of challenges in 2019. Small Firms Association director Sven Spollen-Behrens outlines seven key concerns and delivers practical routes to tackling threat

27th January, 2019
Sven Spollen-Behrens, director, SFA: average wages are expected to rise by 2.5 per cent across all sectors this year Pic: Maura Hickey

Finding and attracting the right people is one of the biggest challenges for small firms and the wider business community right now. Small businesses worry that they cannot compete against larger companies for staff in terms of pay and benefits. The employment market is almost at full capacity and wages have been steadily increasing since 2016. These factors make recruitment challenging for small businesses as they need to rapidly expand, but are often under resourced...

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