Study highlights challenges for small businesses in the industry

2023-12-19 21:12:04

In a study published by the industry portal, with data from Small Industry Panoramapointed to the scenario of the third quarter of 2023, in which small business owners in the manufacturing industry highlighted the high tax burden as the main challenge faced, representing 38.8% of the statements.

Still on the report, it was pointed out that for the construction industry, the tax burden occupied third position, cited by 23.4% of entrepreneurs. The document also informs that insufficient domestic demand, usually a prominent issue, occupied the second position for the manufacturing industry, representing 27.4% of the indications. Data from the report shows that there was a drop of 5.0 percentage points in the transition from the second to the third quarter, indicating a possible change in the perceived importance of other problems in the period.

The document published by Industry Portal, points out that, in the construction segment, high interest rates remained the main problem, with 34.7% of citations. For the small manufacturing industry, according to the report, interest rates fell to fifth place, reported by 21.7% of entrepreneurs. Data from the study indicate that unfair competition, including informality and smuggling, occupied the third position for the manufacturing industry (24.5%) and the second position for construction (25.8%), demonstrating, according to the report, the need for actions to promote fair competition and curb practices that are harmful to competition and the market.

José Antônio Valente, director of the tool rental franchise Franquias Trans Obra states that the data revealed by the study in the third quarter of 2023 points to challenges faced by small companies in the manufacturing industry and that need effective solutions for the sector. The tax burden, as can be seen in the study, appears as the main obstacle, highlighted by 38.8% of those interviewed. “It is important to share the concern regarding this reality, recognizing the importance of addressing tax issues to strengthen the sector’s competitiveness and sustainable growth.”

The published report, which can be accessed through the link at the beginning of the article, presented data on the lack or high cost of qualified workers, which emerged as a challenge for companies, occupying fourth position in the ranking for both the manufacturing industry ( 22.9%) and for construction (22.6%). This index, according to the study, represents the highest percentage ever recorded in the historical series. The combination of unfair competition and a lack of qualified workers stands out, as presented by the report, as a multifaceted challenge facing small industry in the third quarter of 2023.

Asked regarding the subject, José Antônio stated that given this panorama, it is essential to adopt strategies that promote the development of skills and attraction of qualified professionals, ensuring the sustainability and competitiveness of small industry and boosting growth and innovation.

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