Mexico has a population with a high entrepreneurial spirit, but financial conditions and access to capital stop some projects In the country, 35% of small and medium-sized companies find the lack of liquidity and working capital as their main reason for failure.
According to figures from the Association of Entrepreneurs of Mexico, another 34% of ventures fail due to lack of knowledge of the market. The mismanagement of the business and the problems to obtain financing are other causes that knock down SMEs.
The entrepreneurs Those who do not have good financial planning and administration can see their finances affected and gradually run out of liquidity or without alternatives to carry out their project.