GUEST COLUMN: Seven steps to securing Irish SMEs’ future
There are 365,000 small and medium-sized enterprises (SMEs) in Ireland, many of whom looking into 2025 with fear and concern. Over half of the national workforce – 1.19 million people – are employed in these businesses, the backbone of the Irish economy. Yet national policy discussions often ignore SMEs to meet the needs of large, multinational corporations. This must change in order to foster a fair and prosperous entrepreneurial climate.
ISME has outlined seven key steps the new Government must take to unlock the potential of the SME sector and deliver economic growth that will be seen and felt in towns and villages across Ireland. These relate to the Labour Employer Economic Forum (LEEF); the need for an SME minster; the minimum wage; taxation; the Social Insurance Fund deficit; the legal system; and business costs.
LEEF is the official mechanism by which Government talks to businesses and trade unions about the economy, the labour........
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