Recent Articles From EvanCarmichael.com http://www.evancarmichael.com/ http://www.evancarmichael.com/Small-Business-Consulting/6147/UNITED-NATION-CONFIRMED-WUSME-WORLD-UNION-OF-SMEs-QUALIFIED-FOR-CONSULTATIVE-STATUS.html http://www.evancarmichael.com/Small-Business-Consulting/6147/UNITED-NATION-CONFIRMED-WUSME-WORLD-UNION-OF-SMEs-QUALIFIED-FOR-CONSULTATIVE-STATUS.html The UN Committee on Non-Government Organizations decided in its Regular Session on 22nd January 2013 in New York in presence of WUSME Delegate Mr Dennis Hughey, USA, to approve WUSME World Union of Small and Medium Enterprises as an international NGO safeguarding the rights, interests and competitiveness of small businesses in “Special Consultative Status” at UN ECOSOC – United Nations Economic and Social Council. The decision of the UN Committee will now be ratified by the Substantial Session of UN ECOSOC 2013 in July 2013. http://www.evancarmichael.com/Small-Business-Consulting/6147/WUSME-THE-BRIDGE-OF-ENTREPRENEURS-ASSOCIATIONS-TO-THE-UN-FAMILY-AND-EU.html http://www.evancarmichael.com/Small-Business-Consulting/6147/WUSME-THE-BRIDGE-OF-ENTREPRENEURS-ASSOCIATIONS-TO-THE-UN-FAMILY-AND-EU.html WUSME as non-profit international organization committed to support Entrepreneurs worldwide and to represent a link between private and public institutions at international level, as already set up the procedure formally required to acquire the consultative status at the major United Nations specialized bodies such as UNECOSOC, UNIDO, UNESCO, OECD and the European Union. Entrepreneurs and their Organizations will have the opportunity to use the UN network for finding business partners worldwide and to participate in UN projects http://www.evancarmichael.com/Small-Business-Consulting/6147/IGNITING-INNOVATION--The-role-of-Small-and-Medium-Enterprises-SMEs.html http://www.evancarmichael.com/Small-Business-Consulting/6147/IGNITING-INNOVATION--The-role-of-Small-and-Medium-Enterprises-SMEs.html As a result of a large number of empirical work it can be considered as proven that the level of technological innovation contributes significantly to economic performance, particularly in the sectors of SMEs and industry. More recently, entreprenologists, e.g. James Omps, Dennis Hughey, Joginder S. Juneja, Tajudin Alias and Norbert Knoll von Dornhoff have begun to examine growth that is endogenously determined by technical change resulting from decisions of entrepreneurs as profit-maximising agents. http://www.evancarmichael.com/Small-Business-Consulting/6147/HEALTH-CARE-CHALLANGES-FOR-SMEs.html http://www.evancarmichael.com/Small-Business-Consulting/6147/HEALTH-CARE-CHALLANGES-FOR-SMEs.html THE CONTRIBUTION OF SMEs TO AN EFFICIENT ALLOCATION OF HEALTH CARE EXPENDITURES. The future of health care, particularly in less privileged regions of the world, is presently one of the most challenging issues for national and international public politics. The global economic crisis of 2008 has strongly fuelled the debate about control of heath care expenditure and it’s financing. http://www.evancarmichael.com/Small-Business-Consulting/6147/WUSME-International-Conference-2011-SMEs-Regional-Development-in-a-Globalized-World.html http://www.evancarmichael.com/Small-Business-Consulting/6147/WUSME-International-Conference-2011-SMEs-Regional-Development-in-a-Globalized-World.html Delegates of entrepreneur organizations, among them Ministers, Ambassadors, Chambers of Commerce and private Companies from 23 Countries discussed three days at the WUSME International Conference (24 – 26 November 2011 in Budapest) a “New Architecture for recovering from a financial crises and for enhancing economic development, particularly in less privileged economies.” http://www.evancarmichael.com/Small-Business-Consulting/6147/SME--EQUITY-FINANCING-INSTEAD-OF-BANK-LOANS.html http://www.evancarmichael.com/Small-Business-Consulting/6147/SME--EQUITY-FINANCING-INSTEAD-OF-BANK-LOANS.html The perennial issue of small firm financing is once again to the fore as small and medium sized firms (SMEs) are experiencing a challenging financing environment in the aftermath of the global economic and financial crisis. A combination of factors has contributed to a credit crunch for small firms. Businesses struggling with negative effects of the recession are experiencing liquidity problems because of increased bad debts and slower payments by debtors. http://www.evancarmichael.com/Small-Business-Consulting/6147/The-next-financial-crisis-keeps-looming.html http://www.evancarmichael.com/Small-Business-Consulting/6147/The-next-financial-crisis-keeps-looming.html Leading economists, financial analysts and even bankers widely agree: Today the conditions for the next financial crisis are already in place. We’ll crash again in the next years ahead unless global leaders answer some fundamental economic questions. Remaining now „post crisis” we might face an even more ferocious debt and financial crunch with fatal impacts on SMEs. Greece, Ireland, Portugal and perhaps Spain are trapped and there is not too much hope for a sustainable resolution during this decade. http://www.evancarmichael.com/Small-Business-Consulting/6147/The-African-Market-Challenges-for-SMEs-and-Responses.html http://www.evancarmichael.com/Small-Business-Consulting/6147/The-African-Market-Challenges-for-SMEs-and-Responses.html In the presentation of WUSME World Union of SMEs on 20th May 2011 at the VI.African Summit, chaired by the former President of the Federal Republic of Nigeria H.E. Obasanjo, the market trends and opportunities for Micro- Small and Medium Enterpriseswere summarized as follows: Focusing on the economic development in the „Danger Zones” of the African Continent, the Sub Saharan Countries remain a challenge and urgently need to be addressed. These are the African Savanna and Sahel: Niger, Sierra Leone, Mali, Burkina Faso, Guinea-Bissau, Central African Republic, Chad, northern Uganda, Ethiopia and Somalia. http://www.evancarmichael.com/Small-Business-Consulting/6147/Poverty-reduction-by-trade-and-production-capacity-building-in-less-privileged-economies.html http://www.evancarmichael.com/Small-Business-Consulting/6147/Poverty-reduction-by-trade-and-production-capacity-building-in-less-privileged-economies.html SMEs play a decisive role at all Millennium Development Goals targets, but especially as regards Goal 1 (end poverty and hunger). WUSME's approach: Trade and production capacity building in less developed economies, Goal 7 (environmental sustainability) and Goal 8 (global partnership), all of them targets perfectly correlating with WUSME's Declaration of Purpose approved by the Founding Conference on 23rd April 2010 in San Marino. http://www.evancarmichael.com/Small-Business-Consulting/6147/A-NEW-FINANCIAL-ARCHITECTURE-FOR-CRISES-PREVENTION-AND-DEVELOPMENT-OF-THE-INFRASTRUCTURE-AND-SMALL-AND-MEDIUM-ENTERPRISES-AND-CRAFTS-SMEs-in-the-Republique-of-Gabon--UnionWorkJustic.html http://www.evancarmichael.com/Small-Business-Consulting/6147/A-NEW-FINANCIAL-ARCHITECTURE-FOR-CRISES-PREVENTION-AND-DEVELOPMENT-OF-THE-INFRASTRUCTURE-AND-SMALL-AND-MEDIUM-ENTERPRISES-AND-CRAFTS-SMEs-in-the-Republique-of-Gabon--UnionWorkJustic.html The WUSME Delegation during its mission to Gabon 31 Jan - 5 Feb 2011 learned that presently no affordable programs for Micro-financing are available in the Republic of Gabon. BGFI Bank informed us that loans are been offered to SMEs at 18% annual interest plus cost of insurance against bankable guarantees. These conditions are unaffordable to SMEs and Crafts. There might be forthcoming special programs sponsored by UN Organisations, Worldbank or other Sponsors, but such single programs would only be available during a short period of time and are hence not sustainable. („Drop - on a hot stone - actions"). The Parliament of the Republic of Gabon shall decide tax law for imposing a tax of proposed 0,05% on all currency transactions of Banks, Fx-Brokers and Money Transfer Companies, e.g. WESTERN UNION.