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Factors Influencing Slow Growth of Small and Micro Enterprises:


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  • Product Description

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.

Product Specifications
SKU :COC15677
AuthorBilha Sesia Ludeki
Number of Pages68
Publishing Year2/23/2012
Edition1 st
Book TypeBusiness & management
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-25 00:00:00