Disrupt or Be Disrupted: The Imperative of Digital Transformation for SMEs
In today’s fast-paced business environment, the mantra “Disrupt or be disrupted” resonates more than ever, especially for small and medium-sized enterprises (SMEs) regarding Digital Transformation for SMEs. The digital revolution is not just a wave; it’s a tsunami reshaping industries, consumer behaviours, and market dynamics. For SMEs, embracing digital transformation and technology adaptation is no […]
Systemic Investments is the Key to MSME Growth In Jamaica
Micro, Small, and Medium Enterprises (MSMEs) are often hailed as the backbone of developing economies, driving employment, innovation, and economic diversification. Despite their critical role, MSMEs frequently struggle to access finance, navigate complex regulatory environments, and scale their operations. While many initiatives aim to bolster specific sectors within the MSME landscape, a more effective approach […]
Digital Transformation For Small Businesses
Digital transformation is an essential part of staying relevant in today’s business landscape. By definition, it’s the process of using digital technologies to create new or different business processes. This means that businesses must constantly evolve to keep up with the latest advancements in technology. Otherwise, they risk becoming obsolete.
Mohan Beckford — MSME TECH HELPER
MICRO, small and medium enterprises (MSMEs) make up over 97 percent of the island’s taxpaying businesses. The Companies Office of Jamaica (COJ), in 2020, saw a 12 percent increase in business names and a three percent rise for companies over 2019. However, most small businesses do not know much about leveraging the digital environment or […]
Next Step Digital Solutions boots up small businesses
As small businesses seek to recover from the impact of the pandemic and adjust to the rising demands for products and services to be offered in the digital environment, Next Step Digital Solutions (NSDS) remains committed to getting micro and small businesses online and helping them to continue their business operations. This year, small businesses […]