Economy

Panel SA: Survey points to default as a challenge among small companies

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More than half of small and medium-sized entrepreneurs say that reducing bad debt is a challenge for the good development of business, according to a study by Boa Vista.

Despite the obstacles, 65% of entrepreneurs say they are confident or very confident about the economic recovery.

About 40% of them also expect to expand their presence in the market with sales through e-commerce and social networks.

The feeling of optimism represents an improvement of 11 percentage points compared to the Easter period, according to Boa Vista.

Joana Cunha with Paulo Ricardo Martins, Gilmara Santos and Fernanda Brigatti

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