South Africa SME's Experience of Enterprise
Date
2011-04-19
Authors
Macharia, Patrick
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Abstract
The purpose of this research was to determine the challenges facing small
businesses in South Africa and further determine the experiences of small
businesses under enterprise development by large firms. These challenges were
determined to be lack of skills for small business owners, lack of guaranteed
markets, and lack of trade financing. The supports that small businesses receive
from large businesses under enterprise development were determined to be training
and preferred procurement.
A sample of SMEs under support from large businesses was chosen to carry out
this research. Questionnaires and telephonic interviews were administered to these
sampled SMEs. These SMEs were from the previously disadvantaged communities
who are targeted by most SMEs support interventions from large companies
through the B-BBEE policy of enterprise development.
From the interviews and questionnaires administered, analysis was conducted
using the content analysis method to test the research propositions. The results
were discussed and conclusions drawn from them. A framework was developed
which will be useful in guiding interventions within the SME development arena
where linkages with large businesses are undertaken
Description
MBA - WBS
Keywords
Small businesses, Enterprise development, Black economic empowerment