There are many obstacles to survival and growth of Small, Medium and Micro
Enterprises (SMMEs) dealing in services, one of which is the financial aspect. The
current study evaluates how these four aspects fair with regard to SMMEs as well as
how they contribute to performance. The findings from the literature review enabled
the researcher identify the financial aspect as being composed of funding, financial
planning, financial records maintenance, and working capital management. The
findings from the primary study enabled the researcher identify working capital and
funding as being the two aspects of financial aspect that contributed immensely to
the performance of SMMEs in the services sector. Funding was also identified as
being the biggest challenge to survival of SMMEs. / Thesis (MBA) North-West University, Mafikeng Campus, 2010
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nwu/oai:dspace.nwu.ac.za:10394/15692 |
| Date | January 2010 |
| Creators | Motsomi, Irene Pinkie |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
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