What Impact Do Economic Issues Have on the Sustainability of Small,Medium and Micro Entrepreneurs?
2010; North American Business Press; Volume: 12; Issue: 1 Linguagem: Inglês
ISSN
1913-8067
AutoresDaniel Bonginkosi Tshabalala, EM Rankhumise, Gary Rubens,
Tópico(s)Innovation and Socioeconomic Development
ResumoThe article presents evidence from SMME entrepreneurs regarding their experiences on economic issues which impact negatively on their sustainability. The inception of the democratic government resulted in the fast boom of small, medium and micro enterprises (SMMEs) due to the introduction black economic empowerment (BEE) initiatives. Using structured questionnaires, the data were collected by personally visiting the SMME entrepreneurs. Empirical evidence shows that indeed economic issues are drastically affecting their chances of sustenance. The findings present valuable information that policy makers can used to address the issues since entrepreneurs themselves will find it difficult to come with long term solutions.
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