Small and medium-sized enterprises (SMEs) are a big deal in almost every country. Around 90% of businesses worldwide are SMEs and they provide more than half of all jobs, according to the World Bank. SMEs also make an outsized contribution to national income, ranging from
up to 40% in emerging economies1 to around 55% in Europe. Despite their prevalence and importance, the smallest businesses — companies with fewer than 250 employees — face some of the biggest daily struggles. Issues range from accessing finance and getting paid on time to dealing with time-consuming administration while planning for their future