small biz Archives | Be Korea-savvy

40 pct of Self-employed Consider Biz Closure amid Pandemic: Survey

SEOUL, Jan. 16 (Korea Bizwire) — Four out of 10 self-employed people in South Korea are considering closing their businesses due to sluggish sales amid the long-enforced strict social distancing rules during the coronavirus pandemic, a survey showed Sunday. According to the survey of 500 people operating restaurants, retail and other service businesses by the [...]

Small Companies Benefit from SEOUL’s SME-Friendly Policy

SEOUL, June 07 (Korea Bizwire) – Forty two percent of small businesses in the nation seem to reckon that their business conditions have been improved by the “SME-suitable industry scheme” initiated by the government. A survey was conducted to find out how the nation’s 51 specific industries — designated as “SME-suitable” which aims to keep [...]