In today’s rapidly changing global economic environment, sustainable growth for businesses is not determined solely by profitability. The main determining factor is whether the profit generated can be transformed into a sustainable and manageable cash flow. In practice, many businesses, despite appearing profitable from an accounting perspective, experience difficulties in managing their operational processes due […]

Economic Role and Performance In Türkiye, enterprises employing fewer than 250 employees and with either annual net sales revenue or total assets not exceeding TRY 500 million are defined as Small and Medium-Sized Enterprises (SMEs). There are approximately 4 million SMEs falling under this definition. As of 2024, SMEs account for 99.6% of all enterprises, […]

Small and medium-sized enterprises (SMEs) are among the most dynamic yet equally fragile building blocks of the economic system. Compared to large-scale companies, these enterprises, which operate with more limited financial and operational resources, are simultaneously exposed to multi-dimensional risks such as lack of institutionalization, the “key man risk” concentrated in decision-making processes, capital insufficiency, […]