Factors playing a role in the failure of small, medium and micro enterprises (SMMEs) in Tshwane
Loading...
Authors
Mamabolo, Mohure Ephraim Joseph
Issue Date
2017-11-30
Type
Dissertation
Language
en
Keywords
Failure , Tshwane , Medium Enterprises , Micro Enterprises , Small Enterprises , SMME's , South Africa , Food and Beverage Industry , Government Support
Alternative Title
Abstract
This study identifies the factors playing a role in the failure of Small, Medium and Micro
Enterprises (SMMEs) in Tshwane region. The high failure rate can be partially caused
by the fact that SMMEs believe that they do not get enough support from the
government besides their own internal factors. Measures are recommended that will
help SMMEs to be more successful.
The study was scientific, descriptive and quantitative in nature. Questionnaires were
used to gather data.
Results revealed that the most common causes of SMMEs failure were lack of access
to finance and employee skills development, low staff morale and most of them are in
the food beverages industry.
The study recommends that government should enhance its support mechanism,
SMMEs attend mentorship programmes, align their strategies with customers’ needs
and invest in employee skills development. If these recommendations are properly
applied, they will ensure success of SMMEs in Tshwane and the rest of South Africa.