What is pymes?

"Pymes" stands for "pequeñas y medianas empresas" in Spanish, which translates to small and medium-sized enterprises or businesses. These are businesses that typically have a smaller number of employees and a lower revenue compared to larger corporations.

Pymes play a crucial role in the economy of many countries, as they contribute to job creation, innovation, and economic growth. They also tend to be more flexible and dynamic than larger companies, allowing them to adapt more quickly to changes in the market.

In many countries, there are specific policies and programs in place to support pymes, such as access to financing, tax incentives, and business development services. This support is crucial for the success and sustainability of these smaller businesses.

Overall, pymes are an important part of the business landscape and contribute significantly to the overall economy.