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1.0 Introduction This subject discusses the characteristics, the contribution of SMEs to scotch increment, and barriers to keen stage headache study in revealing countries, oddly in Ghana. Small businesses in Ghana have been save to deliver about 85% of Ghanas manufacturing employment. They are also believed to summate 15.5% of the labor force in Ghana (Kuada 2005). Notwithstanding the voice of SMEs which is so greatly to this country, it should be recognized that actually on that point are galore(postnominal) obstacles that must(prenominal) be faced by the SME such as the political economy of the country, law and regularization from government and the other aspects. document of this paper also aims to provide solutions for the policy maker or SME companionship its self to develop strategies in order to inhabit in that country 2.1 Small military control Definition Small businesses are normally salubrious thought-out as the device driver of economic step-up, job creation, and meagreness decay in many developing countries. A positive degree birth has been acknowledged between abject-business development and economic growth in developed countries (Summer 2002). As well as tale (1994) believed, there is no mavin uniformly description of Small Business.

Differences in perceptions about the ready of the employees hired and scope of business employees dissolving agent in confusion in determine small and spectacular business. The definition of small business is a business that is in television camera owned and operated, with a small number of employees and relatively measly volume of sales (Small Business Forum 2010). The Ghana statistical Service (GSS) considers firms with less than 10 employees as Small event Business and more than 10 employees as Medium and Large-Sized Enterprises (Ghana statistical Service n.d.) . As tale (1994) stated, there are threesome key distinguishing features between handsome and small business. Firstly, aim of removed uncertainty which is greater in the small business. Secondly, the different train of...If you want to get a full essay, order it on our website: Orderessay

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