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The impact of the financing of small enterprises by the Mpumalanga Economic Empowerment Corporation.Mashabane, Vusi Lawrence January 2006 (has links)
Thesis (M.Dev.) --University of Limpopo, 2006 / The purpose of this study was to explore the challenges facing Mpumalanga Economic
Empowerment Corporation (MEEC) in its quest to funding the emerging small enterprises
in Mpumalanga. The study was conducted in 2004-2005, in the Nkangala District
Municipality in Mpumalanga. Interviews were conducted amongst the existing clients of
MEEC and its predecessors. Senior Managers and Operational staff were also interviewed
in order to solicit the effectiveness of the tools used to granting loans and guarantees. The
findings have since shown that there are operational challenges facing MEEC, which are in nature similar to those faced by a number of Development Finance Corporations in this country and around the globe as the benchmarks showed in the study. It was therefore important to undertake this study considering the need to improve the role played by MEEC and the approaches to be adopted in improving the course in which parastatals do business.
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Entrepreneurial support amongst small and micro enterprises in the Greater Giyani MunicipalityMnisi, Khazamula Luther. January 2014 (has links)
M. Tech. Entrepreneurship / Investigates the small and micro enterprises (SME) sector in Greater Giyani municipality, which is perceived as having no entrepreneurship support and limited economic activities. Furthermore, the study reported entrepreneurial support and the Small and Micro-enterprise (SME) developmental system which needs to be developed to address problems that hamper performance and development of the SME sector. These include: distance to market, a shortage of skills, poor infrastructure, and mostly a lack financial resource for small businesses.
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Impact of small businesses owned by immigrant entrepreneurs on the local community of Brits.Phayane, Nelson Boihang. January 2013 (has links)
M.Tech. Business Administration. Business School. / Literature suggests that there are three main theories that explore the rate of entrepreneurialism amongst immigrants: the middleman minority, the ethnic market niche and the ethnic enclave economy. Immigrant entrepreneurs tend to target markets that are abandoned or neglected by local entrepreneurs and large chain stores. As a result, immigrant entrepreneurs often occupy business premises that would otherwise have been left vacant, thus providing the owners of the premises with a return on their asset and other benefits to the local community in which these businesses operate. However, there are few studies that have considered the extent to which immigrants contribute to the local economy of Brits in particular and South Africa in general. The study drew parallels between what is deemed as Foreign Direct Investment by multinational enterprises, and the actions of immigrant entrepreneurs in establishing their businesses in a host country. However, there are other characteristics that are associated with immigrant entrepreneurship that are not synonymous with multinational cooperatives, such as contribution to the informal economy and unregulated business practices. The study evaluated the impact of this form of Foreign Direct Investment on the economy of Madibeng Municipality, specifically the town of Brits. The objective of this study was to assess the impact of small businesses owned by immigrant entrepreneurs on the local community of Brits. This impact was analysed by assessing the impact of these businesses on employment creation, revenue to the municipality and investment in real estate, and called micro Foreign Direct Investment by small owned by immigrant entrepreneurs.
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Factors that affect viability in small and medium-sized enterprises in the Vaal Triangle region of Gauteng provinceNdege, Maurice. January 2014 (has links)
M. Tech. Business Administration. / This study was conducted in order to identify and quantify factors that are responsible for the high rate of failure in SMMEs in the Vaal Triangle region. The study was based on a stratified random sample of size n=133. Stratified random sampling was used for collecting data by using a structured, pre-tested and validated questionnaire of study. Five strata were used (central, east, west, north and west) for conducting the study in the Vaal Triangle. A combination of quantitative and qualitative methods of data collection and analyses were used in the study. The variables used for quantitative analysis were socioeconomic variables that were associated with the viability of SMMEs operating in the Vaal Triangle region of Gauteng Province.
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Buyer's satisfaction with the service delivery of real estate agents.Serfontein, Mariska. January 2011 (has links)
Thesis (MTech. degree in Marketing)--Tshwane University of Technology, 2011. / Determines buyer's satisfaction with regards to the delivery of service by real estate agents in the Tshwane metropolitan area of the Gauteng province, South Africa.
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The role of background characteristics of individuals in the sustainability of grant based SMMEs / Mulugeta Dessie AgazeAgaze, Mulugeta Dessie January 2006 (has links)
The case of small medium and micro enterprises has been a major concern for the new
government of South Africa. The subject is given attention from the president down wards.
There are different programmes such as the Black Economic Empowerment and the Small
Business Programme which the previously disadvantaged people benefit from. The
government has made tremendous changes in the legal frame work of SMMEs. There are
different agencies which provide comprehensive business support services to South African small businesses. Ntsika Enterprise Promotion Agency which was established by the Department of Trade and Industry{DTI) to provide an efficient and effective promotional and support services to SMME sector, the National Manufacturing Advisory Sector,(Namac)Trust which was established to implement the small enterprise support programme which include: the Manufacturing Advisory Center (MAC), the Business Referral and Information
Network(BRAIN),the Franchise and Information Network(FRAIN) and the Community Public Private Partnership(CPPP) with the aim of supporting the integration of marginalized communities into the main stream economy.
On Saturday 11 2004,when the President of South Africa signed the National Small Business Amendment Act, Act No.29 of2004 which brought the Small Enterprise Development Agency (SEDA) into being. There are also a number of loan schemes like Khula Enterprise Finance to increase access to finance to SMMEs. All these show how this sector is the buss word in the country.
In spite of all the efforts done from the government, non- Governmental organisations and the private sector, there is still a problem on the sustainability of SMMEs. The purpose of this study is therefore to determine if the background characteristics of individuals contribute to the failure of SMMEs. Respondents had to provide information about their family background, educational level, experience, training, locus of control and motivation.
The study revealed that the background characteristics of individuals affect the sustainability of SMMEs.
Seventy five percent of respondents agreed to using external sources of funding to start their business while 25% do not agree on using external source of funding. This shows that 75% of the respondents are grant based SMMEs.
Thirteen Percent of the respondents have been running their business for less than 6 months, 18% for more than 6 months but less than I year, 22% for more than one year but less than 2 years, 15% for more than 2 years but less than 3 years, and 31 % for more than 3 years. This is an indication that more than 53% of the SMMEs in the population tested have existed for a period of less than two years. This indicates that the majority of grant- based SMMEs are not sustainable in the Mafikeng geographical area.
The study recommended that success/failure is not only a matter of money, rather it is mainly dependent on the personality /characteristic of those individuals which include education (subject matter and management skills), work experience, age, commitment, motivation, and locus of control. A combined effort from government, non- government organisations and the private sector in preparing the person through training, coaching and mentoring can enhance the sustainability of SMMEs. / (MBA) North-West University, Mafikeng Campus, 2006
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South African small business growth through interfirm linkages /Toomey, David Colbert. January 1998 (has links)
Thesis (Ph. D. (Political Studies))--Rhodes University, 1999.
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Achieving best practice through knowledge management : benchmarking and competitive intelligence as techniques for strategic decision-making in small and medium sized enterprisesWagner, Roland 03 1900 (has links)
Thesis (MPhil (Information Science))--University of Stellenbosch, 2008. / SMMEs provide opportunities for employment and economic growth for South Africa.
SMMEs need to be as prepared as their larger counterparts in the ever-changing local and
global business environment. In order to become not only successful but also sustainable, the
smaller enterprise must be aware of what is happening in both its external and internal
business and operating environment. It is important for these smaller enterprises to take
cognisance of changes in the political and legislative environments, as well as changes in
customer expectations and competitor behaviour. Knowledge management tools such as
competitive intelligence and particularly internal and external benchmarking are vital for the
company’s survival.
Concepts such as benchmarking for internal and external best practices, as well as competitive
intelligence to gain important external decision-making knowledge, can be as beneficial to
SMMEs as they are to the large corporate entities. However, knowledge management is
largely ignored in the smaller company’s decision-making processes, due to financial and
time constraints as well as a lack of the necessary skills to utilise knowledge management
tools. Knowledge management can therefore be as important and beneficial to the smaller
enterprise’s operations and decision-making mechanisms as it may be to corporations and
large companies.
The broad goal of this study is to review the literature on achieving best practice by
implementing knowledge management in organisations. The examination of the literature and
the subsequent description of the outcomes could be used to create awareness that, like larger
companies, SMMEs need to process internal as well as external information in order to make
strategic decisions. The utilisation of CI tools such as SWOT analysis, PEST analysis and
benchmarking allow the company to systematically gather and interpret information. By using
the Baldrige criteria, a systematic and continuous approach for learning and improvement is
developed.
This methodology (the literature review) provides a framework for gaining the knowledge
that already exists (in books, journals and on the Internet). By disseminating this knowledge
according to the methods described, it is hoped that the research will construct already
existing knowledge into a new approach that might benefit the discipline as a whole. From the results of the study, it should become clear that certain aspects of enhancing CI in
smaller enterprises require attention. Although there are organisations that assist SMMEs
with relevant information, this information is scattered across various sources in different
formats. Not much information and assistance is available to smaller enterprises that provides
a clear framework of how to achieve internal CI practices by using the CI tools and business
models such as benchmarking within the formal structure of the Baldrige criteria.
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The development and evaluation of an andragogic training programme for Ciskeian retailersKotzé, Clifford Jennings January 1992 (has links)
One of the greatest challenges facing South Africa and the "independent states" of Transkei, Bophuthatswana, Venda and Ciskei over the next decade will be job creation and the development of the skills of the people. This is particularly true of Ciskei with its rapid population growth, unemployment, shortage of skilled manpower and over abundance of unskilled labour. Small business and, in particular, retailing with its relatively low entry requirements, can play a significant role in the creation of jobs. Small business, and small business retailing in particular, suffers, however, from a high failure rate resulting in a waste of financial and human resources which a developing nation like Ciskei can ill afford. The training of people involved in small business retailing is, therefore, of great importance. There is no unanimity of opinion, however, as to what training models or approaches are most appropriate. The purpose of this study was, thus, to design a training model, develop an andragogic training programme for Ciskeian small retailers based upon the model and test it. In accordance with the model developed, the nature of the retailers performance problem was established, the job of the small retailer was analysed, the training needs of retailers were identified, performance standards were set, the course curriculum was developed, training strategies and styles were selected, the necessary training resources were obtained and the training programme was implemented. A pilot training programme was run in 1987 and then the amended programme was run for two years. The results of the training were measured in terms of: -the delegates reaction to the training programme -what the delegates learnt -changes in the business as perceived by regular customers -reaction of the delegates to the training programme one year later -case studies and survival rates Statistically significant positive results were obtained in all aspects evaluated. It can, therefore, be concluded that the andragogic training model for Ciskeian retailers resulted in a positive reaction of delegates to the training, an improvement in the retailer's knowledge of retailing, positive changes in the businesses as perceived by regular customer and improved survival rates of these small retail businesses.
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Guidelines for SMME development in HermanusBasson, Dalene January 2003 (has links)
Thesis (MTech (Business Administration)--Cape Technikon, Cape Town, 2003 / Unemployment has economic and social effects. The main social threat is the stability
of the family as an economic and social unit as family relationships suffer should basic needs not be met.
The most practical way to combat this problem is through entrepreneurship, where
small medium and micro enterprises can address issues such as job creation and
economic growth. These enterprises are of particular importance to government and
donors resulting in numerous studies being done in especially urban environments.
Rural areas have, however, been neglected, owing to the lack of knowledge, funds and
initiatives on the part of local authorities.
Rural development differs from urban development owing to smaller markets, seasonal
fluctuations and slower growth rates, especially in coastal towns. This study was
therefore undertaken to provide guidelines to local authorities and community leaders,
specifically in Hermanus, to enable them to support local small businesses.
As a first step, existing government policy and strategies were investigated (Chapter
2), after which available assistance, on government and non-government level, was
discussed (Chapter 3). The Department of Trade and Industry is the main role player
in terms of small business development There are also institutions providing financial
assistance (for example Khula and the Industrial Development Corporation),
institutions providing services (such as NEPA, SABS and CSIR), and finally, institutions
providing indirect support (such as SACOB and DBSA).
Hermanus as the basis of the study has certain poIicies in place, namely the Integrated
Development Plan, Spatial Development Framework and two tourism-related studies
(Chapter 4). Individual interviews were held with certain role players in the area
(Chapter 5) which resulted in the following:
• Role players are not aware of government initiatives in terms of small,
medium and micro enterprises in the region.
• Role players are unsure if hives/craft: markets could contribute to job
creation.
• Role players are concerned about job creation but not through small,
medium and micro enterprises as a vehicle.
Chapter 6 concludes with two success stories, namely Stutterheim and
Melkhoutfontein, and provides broad guidelines in terms of small business development
in Hermanus.
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