Mid-market businesses face a range of hurdles, from securing funding to supply chain issues. Is digital transformation the solution?
Employing more people than small or FTSE 350 companies, the UK’s medium-sized businesses (typically defined as those employing 50 to 249 people) have been dubbed “the engine of economic growth”.
However, being too big to qualify for a lot of government support, and too small to have the influence and power of global giants, the UK’s mid-market businesses are also battling their own set of challenges. Medium-sized firms play an important role in global supply chains, which are under unprecedented stress due to a range of geopolitical factors.
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Originally posted in the guardian.
