Wednesday, September 28, 2011

Turkish small business

Currently, the Turkish small and medium enterprises constitute 98% of the total number of national business objects. On most of these companies runs from 1 to 10. What, in fact, a small business is a small family business. Most of these enterprises engaged in the leather, textile and woodworking industries. Before joining the European Union, Turkey must be to raise the level of competitiveness of its industries. According to the statistics in Turkey, the company meet the requirements of European competitiveness in the average 40% smaller at 29%. Therefore, small businesses need to prepare for the integration of Turkey into the EU. In order to meet Euro standards in 1990 in Turkey created a management KOSGEB, which works to support and develop small businesses. This organization is addressing issues of economic and technological small and medium-sized enterprises, increases the competitiveness of small enterprises, improve the quality of products. Ditto for concessional financing for small and medium business banks in Turkey provide their services. Are widely used and the resources of the World Bank and the Islamic Bank for business development in Turkey.

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