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How SMEs Solved These 4 Challenges Through Back Office Service Solutions?

Magellan Solutions

The dollar volume of bank loans for SMEs declined by 20% since the recession in 2007. . It is the reason why start-up businesses are having trouble looking for loans for their capital. . In addition to that, these start-up businesses are only applying for a small amount of loans. of all US businesses. million SMEs.

Service 52
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10 Essential and Uncommon Services SMEs Don’t Have That BPO Philippines Can Provide

Magellan Solutions

Data Management Services. Most start-up businesses do not have the ability to analyze large data that will help their operation. It is the reason why the majority outsourced their data management services. Checking the accuracy of your data greatly improves the profitability of your business.

BPO 52
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Back Office Outsourcing In The Highly-Competitive Marketplace

Magellan Solutions

A 2015 Business Development Bank of Canada research paper entitled, “SMEs and Growth: Challenges and Winning Strategies” also found out from their survey findings that 64 percent consider rising operating costs as a major challenge facing SMEs’ growth. Data Management Services.

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10 Essential Services SMEs Don’t Have That BPOs Can Provide

Magellan Solutions

Data Management Services. Most start-up businesses do not have the ability to analyze large data that will help their operation. It is the reason why the majority outsourced their data management services. Checking the accuracy of your data greatly improves the profitability of your business.

BPO 40