Factors Affecting Growth and Survival Of Small and Micro - Enterprises PDF Download

Author: Daniel Ndungu
Publisher:
ISBN: 9783330328419
Category :
Languages : en
Pages : 52

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Author: Ayandibu, Ayansola Olatunji
Publisher: IGI Global
ISBN: 1799831736
Category : Business & Economics
Languages : en
Pages : 422

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New small business owners are constantly pressured to play a major role in the economic growth of their respected nation. However, revitalizing how individuals think, research, teach, and implement performance strategies to improve the operations of these small businesses is critical to entrepreneurial success. Reshaping Entrepreneurship Education With Strategy and Innovation is an essential reference source that discusses strategies to overcome performance barriers as well as implementation of effective entrepreneurial processes based on a wide range of global issues. Featuring research on topics such as authentic leadership, business ethics, and social entrepreneurship, this book is ideally designed for entrepreneurs, business professionals, scholars, researchers, students, and practitioners seeking coverage on innovative performance operations of small businesses.

Author: Sharon Zunckel
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 278

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Author: Mary Jokorvic
Publisher: GRIN Verlag
ISBN: 3656639027
Category : Business & Economics
Languages : en
Pages : 16

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Research Paper (undergraduate) from the year 2012 in the subject Economics - Micro-economics, grade: B, The University of Chicago, language: English, abstract: About 99% of all the enterprises in the world are small or medium enterprises characterized of start up firms at the infant stage or well established SMEs. SMEs are essential in all economies especially to the developing countries characterized by major unemployment and income distribution challenges. In Kenya, SMEs are essential to the economy for which they are considered the main drivers. There are about 7.5 million SMEs in Kenya providing employment and income generating opportunities to low income sectors of the economy. The official policy framework of SMEs in Kenya is contained in the Sessional Paper No 2 of 2005: Development of Micro and Small Enterprises for Wealth and Employment Creation for Poverty Reduction. The policy forms the basis for enacting the SME Act which institutionalizes SME policy in Kenya (Syekei & Opijah, 2012). The contribution of the SMEs sector to the Gross Domestic Product (GDP) in Kenya increased from 13.8 percent in 1993 to about 40 percent by 2008. The sector further provides approximately 80% of the total employment and contributes about 92% of the new jobs created within the economy. The sector serves as the bedrock for industrializing the country in the future (Capital Markets Authority, 2010). In the developing countries such as Kenya, with large informal or micro enterprise sectors, SMEs constitute the middle of the size range, hence their strategic importance. SMEs are considerably more complicated in terms of the organizational structure as opposed to microenterprises but less complicated as opposed to large corporations with layers of management and high division of labor among other characteristics. In terms of technology SMEs are intermediate between high labor intensive technologies and high capital intensive technologies providing SMEs with a special role in generation of adequate or decent employment (Palma, 2005). Due to these characteristics various constraints lower SMEs resilience to risk and prevent them from growing and attaining economies of scale. The challenges faced by SMEs in Kenya are not limited to the areas of financing investments and working capital but also include human resource development, market access and access to modern technology and information. Consequently, there are various factors that have supported SMEs growth since the 1990s (Capital Markets Authority, 2010).

Author: Bilha Sesia Ludeki
Publisher: LAP Lambert Academic Publishing
ISBN: 9783848413553
Category :
Languages : en
Pages : 68

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This study sought to determine factors influencing the growth of small and micro enterprises (SMEs) in Kisumu city of Kenya. The case study was beauty salons. Salons provide employment, contribute to entrepreneurship and innovation, and foster competitiveness. However, they have continually faced difficulties resulting in slowed growth of the sector. Some of the difficulties they face are high taxation, lack of credits, inadequate capital and poor book keeping, stiff competition, poor policies, bad politics, lack of adequate infrastructure, insecurity, bad management, in appropriate personal factors and superstitious beliefs. To this end the study summarizes these factors as monetary, environmental and internal. The study concludes that monetary factors are most critical to the growth of the salons. Finally the study recommends that the government of Kenya should create an enabling financial environment for salons as well courses on business management particularly in book keeping.

Author: Sibeyo David
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659756290
Category :
Languages : en
Pages : 92

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Entrepreneurship is an approach being employed by the world over to achieve poverty eradication, economic growth and enhancement of standards of living throughout the world.It's also a common spectacle to see fish-based entrepreneurs poor and struggling. This work interrogates factors that influence survival of fish based enterprises in Kenya. Among aspects examined include influence of capital access, management skills and experience, marketing strategies and entrepreneurial training on survival of fish-based SMEs. Scholars have argued that a dynamic and growing small and medium enterprise sector can contribute to the achievement of a wide range of development objectives, including: the attainment of income distribution and poverty reduction, wealth creation, employment provision, seedbed of industrialization, savings mobilization and production of goods and services that meet the basic needs of the poor. It is expected that this work will help improve the project practices as well as influence strategies for meaningfully investing in the fisheries and the SME sector in genera

Author: Samson Adada
Publisher: LAP Lambert Academic Publishing
ISBN: 9783847344254
Category :
Languages : en
Pages : 76

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Understanding SME's growth is critical to economic development. It is expected that SMEs exhibit faster growth rates than larger counterparts. It is therefore important to gain a greater understanding as to what shapes growth and expansion especially in Small and Medium-size Enterprises. This Study examines the internal factors affecting growth and expansion of SMEs in Kibera Slum, Nairobi. Specifically the study sought to ascertain the factors that contribute to growth and expansion of SMEs in Kibera Slum, establish relationships between form of ownership and growth and expansion of SMEs in Kibera slum and determine the effect of level of education and managerial skills on growth and expansion of SMEs in Kibera Slum. The study established that form of ownership, educational and managerial skills of the owners and employees, location of the SME and access to financial resources are some of the internal factors that that affected growth and expansion of SMEs. The study findings will be of value to relevant managers of SMEs in Kibera, Policy makers, Scholars and financial advisers.

Author: Tabitha Karanja
Publisher: GRIN Verlag
ISBN: 3656178291
Category : Business & Economics
Languages : en
Pages : 85

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Master's Thesis from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: -pass, course: Enterprenuership, language: English, abstract: The importance of Micro and Small Enterprises (MSEs) in contributing to job creation and output growth is widely accepted in both developed and developing countries, of particular interest is the process of expansion from micro to small that growth oriented make their most tangible contribution to economic growth and job creation. .Women-Owned micro enterprises are a powerful force for growth and development thus making important contributions to the economy as workers and as entrepreneurs to the welfare of their families. The researcher investigated why Women-owned enterprises remain the same way year in year out without, an increase in number of employees or any other sign to indicate graduation from one level to another. The researcher wanted to find out why enterprises owned by women operate under significant constraints which greatly inhibit realization of their full potential. Many developing countries have attempted to put in place various intervention programmes to address factors that affect the graduation of women owned micro-enterprises; unfortunately many of them are policies yet to be implemented. Through the assistance from Nyeri municipal-council, the researcher acquired the target population of Micro-Enterprises within Nyeri town which was the survey under study. The research design that the researcher used was the descriptive survey research design. Variables, for instance financial accessibility was looked at among others and their influence on graduation of micro-enterprises. The instruments that the researcher used was the Questionnaire and Interviews. The researcher came up with comprehensive results that can be useful to women in micro-enterprises and the Government at large. Pre-testing procedure was carried out to ensure the validity and reliability of the dat

Author: David Stokes
Publisher: Cengage Learning EMEA
ISBN: 9781844802241
Category : Business & Economics
Languages : en
Pages : 0

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Now in its 5th edition this comprehensive, practically focused and highly accessible text explores the contexts, choices and strategies facing the small business venture, including extensive coverage of planning a new venture. Pedagogical features developed in response to market feedback include running case material to explore the same case situation from a number of different but interrelated angles, annotated further reading, new chapter-end real world case studies, learning objectives and linked chapter summaries – providing a student- and lecturer-friendly learning environment.Students on modules such as Personal Development and Effectiveness, Study Skills, Management Skills, Business Skills, Business Communication, Business Awareness, Managing Oneself and Others at – for example – BABS/BABA, HND/HNC, DMS, MBA levels will all find this a hugely valuable text through study and working life.

Author: Rita Ambarwati
Publisher: Penerbit Pustaka Rumah C1nta
ISBN: 6239327263
Category : Business & Economics
Languages : en
Pages :

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