The Journal of Accounting and Management, Vol 1, No 2 (2011)

Abstract

SMEs now have a significant importance for the majority of developed and developing economies. Statistics from almost every country show that SMEs prevail in each and every economy. A developed SMEs sector means growth, innovation and last but not least, jobs. SMEs represent the majority of economic entities as well as the majority of jobs from the private sector and the GDP. Unfortunately, the majority of SMEs will have to continue to endure the costs of the economic crises, generating negative effects from a social and economic point of view, engaging similarly to the snowball effect, in greater vulnerabilities. The scope of this study is to highlight the role of the small and medium-sized practices in offering consulting in business for SMEs, in order to provide development and consolidation for this sector.