Business models

How to Launch a Small Business in Today’s Economic Climate

The current economic climate poses obvious challenges for any business, and especially for new small businesses. The country entered a technical recession with two consecutive quarters of shrinking GDP, and more than 80 percent of small business owners anticipate a recision. This is in the midst of 40-year high inflation rates that are impacting business.

Govt urged to meet over wheat purchase as harvesting is ending

Ljubljana – The Slovenian Association of Cooperatives has urged the Agriculture Ministry to meet with them immediately to talk through the government’s plan to purchase this year’s entire wheat harvest. The association says that harvesting is in full swing and is about to largely end by the end of the week in case of good weather.

New e-commerce law soon to be finalized

Work on new legislation on e-commerce, which would include regulations protecting local companies, is expected to be finalized and submitted to parliament soon.

The new law aims to curb the fast growth in the industry and guard against the competition, according to daily Milliyet.

President Recep Tayyip Erdoğan in April unveiled plans to introduce new rules for e-commerce.

Greece – 36.7% of SMEs face the fear of being shut down

A percentage of 36.7% of small and medium-sized enterprises (SMEs) are facing the fear of filing for bankruptcy, according to a survey by the Center for Small and Medium-Sized Enterprises in Greece.

In particular, according to this survey, the percentage of enterprises that express the fear of a possible cessation of their activity in the next period remains very high (36.7%).

Ombudsman: Lack of a written job description in micro-enterprises puts employees at disposal of employer

The Ombudsman formulated an exception of unconstitutionality regarding OUG (Government Emergency Ordinance) no. 37/2021 for amending and supplementing the Labour Code, on the grounds that it violates the right to the labour social protection measures guaranteed by the Constitution. "The provisions of point 1 of the sole article of the Government Emergency Ordinance no. 37/2021 amend art.

Cleanshelf CEO says partnership with LeanIX will allow growth

Ljubljana – The recent acquisition by German software company LeanIX will allow the US-Slovenian Cleanshelf, a leading software-as-a-service (SaaS) management provider, access to 400 top clients and provide new growth opportunities, the CEO and founder of Cleanshelf Dušan Omerčević told the STA.

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