The Growth and Development of Small-Scale Enterprises, A Case Study of Buwama Sub County
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Date
2018-09
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Publisher
Kampala International University, School of Education
Abstract
This study assessed the factors that have hindered the growth and development of small scale
enterprises in Buwama Sub County, to identify the limiting factors for the growth and
development of small scale enterprises and to examine possible solutions to the slow growth
and development of small scale enterprise of Buwama Sub County in Mpigi district.
The study took a cross-sectional design where both quantitative and qualitative approaches
were used in the facts that provides wide range of valid responses, no limits were put to
respondents, many respondents participated at the same time and also enabled the researcher
to understand first, analyze and reveal data in a more meaningful way however, quantitative
data was used to provide numerical analysis in terms of frequencies and percentage
composition as a way of measuring incidental effects or influence between different
variables. A sample size of 50 respondents was used who were expected to provide reliable
findings to the study questions administered to them.
The study examined the causes of slow growth and development of small scale enterprises in
Buwama sub county in Mpigi district and findings revealed that inadequate education and
training by the business owners to their employees, poor accounting practices, higher
transaction costs, lack of market opportunity, stiff competition among SME owners, lack of
enabling environment like competition inadequate management like business knowledge,
government policies inform of heavy taxes, inadequate land for expansion, lack of improved
infrastructures inform of roads and lack of market opportunity was also revealed among the
limiting factors to the growth and development of small scale and medium enterprises.
The study went ahead to assess the possible solutions to the limitation to the growth and
development of small scale and medium enterprises in Buwama sub county in Mpigi district.
The findings revealed the necessity of equitable allocation of raw materials, improvement in
techniques of production, adequate funding through bank loans and subsidies, government to
emphasize export strategy to widen the market, improving on government policies like
imposing appropriate taxes and giving subsidies, improving on the techniques of production
to replace automated equipment and ensuring customer retention through building customer
loyalty.
Description
A Research Report Submitted to The College of Education in Partial Fulfillment of the Requirements for The Award of Bachelor’s Degree in Arts with Education of Kampala International University
Keywords
Small-Scale Enterprises, Growth and Development of Small-Scale Enterprises, Buwama Sub County