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| The Barometer prepared by the Mare Nostrum UMU-UPCT and AMEFMUR Family Business Chair, with the collaboration of Bankia, also indicates a increase in telework, reaching 42% of companies | The current context marked by COVID-19 has deepened the economic slowdown that began in 2018.
In this difficult context, family businesses remain the main reference since 73% of them maintain employment figures despite the fact that they have been seen its activity reduced.
In addition, most foresee an economic recovery in 2021, although not yet reaching pre-pandemic levels.
This is reflected in the barometer prepared by the Mare Nostrum University of Murcia-Polytechnic University of Cartagena Family Business Chair and the Murcian Association of Family Business (AMEFMUR), with the collaboration of Bankia, and which measures the activity of a group that it represents more than 92% of the business fabric. The survey of 124 family businesses in September reveals that the net balances obtained from the opinions of those surveyed on the economic evolution of Spain and the Region of Murcia reach the lowest values ??in the series, approaching those of 2009. The opinion on the business situation is less negative.
However, all the variables worsen, reaching the level of 2013.
The biggest drop in net balances, of 65 points, occurs in billing, with 53% of companies declaring decreases in their sales.
For 2021 they foresee an improvement of 21 points in their balance, being only 36% those who believe that their sales will worsen.
Employment seems to be resisting and, even with a negative balance of 12, 73% of family businesses have maintained the number of employees and more than half have not applied an ERTE.
Investment and exports have also worsened, although entrepreneurs expect a slight improvement by 2021. These data have been made public this morning in the Rectorate building of the UMU in an act in which José Luján and Beatriz Miguel Hernández, rectors of the University of Murcia and the Polytechnic University of Cartagena participated; Ana Martínez Vidal, Minister of Business, Industry and Spokesperson; José María Tortosa, president of AMEFMUR; Carlos Aguilera, corporate director of the Business Business of the Valencian Community and Murcia of Bankia; and Ángel Meroño, coordinator of the study and director of the Mare Nostrum UM-UPCT Family Business Chair. Increase in teleworking As a result of the COVID-19 crisis, family businesses have doubled the implementation of teleworking, reaching 42% of them and 29% of their employees.
In second place, the 38% of companies that make online purchases stand out, reaching 40% of total purchases.
It is followed by 32% of companies that have digitized 46% of their processes.
Finally, 28% are companies that sell online, representing 31% of their total sales.
Also the digitization of processes, purchases and sales has increased between 3 and 5 points due to the pandemic. The most common ways to obtain funds to face the COVID-19 crisis are: increasing external financing (40% of companies), reducing personnel costs (35%), increasing own financing (31% ) and recourse to public aid (18%). Regarding concerns during 2020, the drop in demand affects 59% of companies (10 points more), reducing concern about the rest of factors: competitive pressure, shortage of personnel, legal aspects, capacity and financing. The main public measures demanded are the reduction of taxes (79%), the reduction of social security contributions (63%) and administrative simplification (52%). Family governance Business goals continue to be more important than family goals, although in this edition they experience a decline.
Business reputation ranks first and survival second. Regarding corporate governance, 75% of companies choose not to make changes.
17% consider transmitting the company to the next generation, decreasing 2 points compared to last year; in the case of first generation companies, it reaches 23%.
The sale of the company remains at 7%, being more important in first generation companies (13%).
Finally, the option to close drops 2 points to 1%.
Source: Universidad de Murcia
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