The role of government in improving the performance of small medium enterprises: a case study of Dodoma Tanzania

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Date
2012-03
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala international University, College of Economics and Management
Abstract
SME is a large industry with many operators such as hotels, companies involved in business. In SME guidelines are required for its sustainability, investment incentive and financing, capacity building and private sectors are the strategies of the Tanzania SMEs policy. The services provided by SMEs are low compared to the number of SME. The study used descriptive research design. The study population was 40 entrepreneurs of which one did not respond, the sample were selected from operators, hotels, travel companies, agencies and economic institutions were randomly selected in Dodoma town. One validated percentages, frequency counts and means were used to analyze the data. The result shows that many of the SME got their capital from the financial institutions such as banks and SACCOs, they also got from their saving income, selling of their shares, insurance policies and house hold assets. The results showed clearly that the legal frame work as a whole is not conducive for the growth and development of SMEs. Other hindrances are limited market and lack of skilled labor. Otherwise issues such as licensing and registration procedures were shown to be conducive for SMEs. It is recommended that the government should provide incentive training to the SME that reflect the current market demand.
Description
A Dissertation Submitted to Faculty of Business and Management in Partial Fulfillment of the Requirement of the Award of a Bachelor Degree in Business Administration of Kampala International University
Keywords
Government, Small medium enterprises, Dodoma Tanzania
Citation