Small businesses in the country suffer more from insecurity

ANPEC says crime affects 20% of small business revenue in Mexico Credits: Special

insecurity has had an impact to small businesses nationwide, primarily for theft, extortion and armed robbery, said Cuauhtemoc Rivera, president of the National Alliance of Small Traders (Anpec).

In a survey conducted by the organization at the national level, he pointed out that 25% of companies was the victim of a theft of ants; 16 percent were extorted and 8.2% were assaulted.

According to the report, affected businesses experienced a 20% loss of revenue due to the insecurity.

“The collection of the right to an apartment has already been standardized and is observed in most metropolitan areas of the country,” Rivera added.

He pointed out that the charge for floor rights varies from 500 pesos per fortnight or per month, depending on the influx of business customers.

“It became a punishment for success, an impact on a business that won customers,” he said.

The survey of small traders also found that up to 30% of their sales were affected as they stopped displaying cigarettes, “a market that has benefited from informal trade and also businesses that are being extorted to sell pirated cigarettes for an organized crime party,” he said.

According to the sample information, 88% of small traders are uncertain about the duration of inflation, as they perceive constant increases in essential services and products.

Additionally, 25% of small businesses experience declining sales; 60% said they had no new customers and 91% of them perceive that they will end the year without making a profit.

BY ENRIQUE TORRES

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Source: El Heraldo De Mexico

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