Germany: current challenges before SME 2018 | Statista

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This statistic shows the the most important challenges the small and medium enterprise (SME) face in Germany as of April 2018. From the responding SMEs, 78 percent stated that their most important challenge was attracting new customers.

Most important challenges the SME faces in Germany as of April 2018*

Characteristic	Share of responding businesses
Attracting customers	78%
Increasing revenue	72%
Maintaining profitability	32%
Securing financing for business as usual	30%
Developing new products/innovation	26%
Retaining/recruiting skilled employees	22%
Tax laws and rules	22%
Other government regulations (e.g., compliance, technical regulation, patents, reporting)	21%
Securing financing for expansion	21%
Finding/working with suppliers	19%
Uncertainty over economic conditions	13%
Selling to foreign markets	9%

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Release date

May 2018

More information

Region

Germany

Survey time period

April 2018

Number of respondents

289 respondents

Method of interview

Online survey

Supplementary notes

* Source question: What are the most important challenges your business currently faces?

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