mittelstand
Nearly Half of Germany's Self-Employed Reported Too Few Orders
The July survey improved, yet weak demand remained widespread among small operators.
Owner-managed companies, specialist manufacturers, succession and the export systems behind Germany's industrial depth.
The July survey improved, yet weak demand remained widespread among small operators.
A change of owner affects debt, management incentives and customer confidence long before legal completion.
Revenue and employee thresholds describe SMEs; long-term control and management structure explain much of the Mittelstand idea.