It defends that the consolidation of these companies be helped because the bigger “they are more productive, with a more stable job offer and greater access to financing”. Prieto also highlighted that 75% of medium-sized companies are family businesses, whose businesses “are carried out in a very thorough manner”. In most cases they have been small businesses before and therefore “have learned to structure themselves well”. Yolanda Child Tax Credit Worksheet technical director of the report, highlights the relevant data. «Seeing the participation of Spain in the EU, 10% of the companies are Spanish although in the contribution to employment represent only 8% and 6.6% of the GVA are generated by our companies». In the specific case of the medium-sized company that focuses this report, those that have between 50 and 249 workers and invoice between 10 and 50 million euros, “with them there is no problem, they are very productive, they have managed to advance more than 16% in productivity “, he points out. Another important fact is that 40% of medium-sized companies are high performers, with growth of at least 10% per year.
Child Tax Credit Worksheet
The president of the Circle of Entrepreneurs, John de Zulueta, regrets that these companies, in the expansion phase, are “stuck” in the Government Budget for “increases in the minimum wage, contributions and taxes.” On the increase in the minimum wage, he believes that “it is disproportionate, electoralist, populist and will not help to cut unemployment”. Remember that the Government does not follow the European indications, follows “outdated” criteria and considers a large company to bill more than 20 million euros instead of 50 million euros. On Brexit, he worries that Spanish medium-sized companies “are not prepared for a hard Brexit”. De Zulueta highlighted in his speech the importance of education within the company when it comes to reducing youth unemployment. “The medium-sized company is where Spain has to make the effort of growth before the future.”
Along with the annual report, the Child Tax Credit Worksheet has also presented a new edition of the Top 50 where companies have been selected that have been able to surpass those of their sector in productivity (sales / employee), operating margin (EBIT / sales) and economic profitability (Net Profit / Total assets) during the 2013-2016 period. It is worth noting the wide range of sectors and geographic locations that reflects the list of the 50 most successful medium-sized companies. Within this group there are 10 companies that have managed to make the jump from small to medium company during the study period.