Analyzing Regulatory Barriers in Education Services for Business Competitiveness in Barranquilla (Colombia)

In this study, 20 microbusinesses in the Colombian city of Barranquilla’s education services consulting sector were examined to determine how regulatory constraints affected their abi-lity to compete. To learn more about the regulatory obstacles these microenterprises confront and how they affect their ability to compete, a survey of the owners and managers of these businesses was conducted. The relationship between the regulatory barrier characteristics and business competitiveness was assessed using descriptive statistical analysis and Pearson correlation analysis. Additiona-lly, a statistical analysis using many variables, including company size and industry, was done to determine the relationship between regulatory restrictions and corporate competitiveness. The study’s findings made it possible to pinpoint the key legal obstacles microbusinesses in this industry confront and how they affect their ability to compete. These results will aid in the creation of initiatives to get over these obstacles and raise the city’s business sector’s level of competitiveness