Small and medium enterprises in Mexico

Small and medium enterprises in Mexico, generally called PyMEs (Spanish: pequeña y mediana empresa), are an important segment of the Mexican economy.

They have all the possible experience on expanding overseas and very little risk on failing because in most cases they go under the concept of a high brand awareness.

Because of the lack of quality control, legal problems such as dealing with VATs and defective products becomes an issue.

[4] Since 2004, Mexican government has had a number of programs to support PyMEs so that they help Mexico's economic growth.

[5] The main objective of the Programas Emergentes (Emerging Programs) is to help the economic areas that have been affected by natural disasters.

The regulations that this organization point out is that the PyMEs are supported with special resources with the concepts that the directive council determine that are essential to the economic reactivation of the enterprises.

The different types of center concepts are: fitting out and infrastructure, designing and updating information systems for planning, and measuring of results generated from the "Centros Mexico Emprende.

"[8] Sistema Nacional de Garantias (National System of Loan Guaranties) provides PyMEs with easy access to the financing programs with competitive conditions and payment periods.

The program stimulates the consolidation of the entrepreneurship through actions like the instrumentation of innovative methodologies in productive priority sectors.

This program was made to take care of the needs of training and consultancy, across proven methodologies that assure they will have quantifiable results.

The Programa Moderniza (Modernization Program), the Secretary of Economy (SE) and the Secretary of Tourism (SECTUR) started a System of Management named "Modernize" that allows to improve the quality of the services offered to the Micro, Small and Medium Enterprises of the tourist sector.

The process is based on the application of Japanese tools of improvements of high impact with a lower cost.

The process of consultancy that is offered in the facilities of the company lasts from 3 to 4 months, and is directed for MIPYMES, preferably with two years of operation.

For this reason, the Mexican government gives special attention to PyMEs in this regard, allocating a big part of its economic resources to help small and medium size enterprises expand overseas.

[13] The "Subsecretaria para la pequena y mediana empresa" (SPyME) was founded to design, foment and promote programs and other tools that have as objective the creation, consolidation and development of micro, small and medium size enterprises.

International Commerce in Mexico is mainly based on large enterprises; this is why government is very interested on giving assistance and financial help to small businesses.

[14] The services that the Programa Nacional de Franquicias (Exemption National Program) offers to PyMES are: commercialization, consultancy and financing.

[15] The PyMExporta Centers are federal, state and local organizations who have the objective of helping the PyMEs that have the special interest to start, increase, or to diversify their exports worldwide.

The PyMExporta Centers work with their own register methodology, accompaniment and management of institutional supports according with what the businesses require.