Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.

The study focused on examining the impact of Small and Medium Enterprises (SMEs) in generating employment at Kabale Central Market, Kabale District. Its first objective was to identify the activities undertaken by small-scale businesses in the market. The second objective aimed to uncover the challe...

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Main Author: Atukunzire, Pross
Format: Thesis
Language:English
Published: Kabale University 2024
Subjects:
Online Access:http://hdl.handle.net/20.500.12493/2132
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author Atukunzire, Pross
author_facet Atukunzire, Pross
author_sort Atukunzire, Pross
collection KAB-DR
description The study focused on examining the impact of Small and Medium Enterprises (SMEs) in generating employment at Kabale Central Market, Kabale District. Its first objective was to identify the activities undertaken by small-scale businesses in the market. The second objective aimed to uncover the challenges encountered by these businesses, while the third objective sought to propose solutions to address these challenges. Using a descriptive approach, the study employed both quantitative and qualitative methods for data collection and analysis. A questionnaire was administered to 60 SME owners operating in Kabale Central Market. The findings revealed that most businesses in the market are small due to their limited marketing strategies, primarily catering to existing local customers familiar with the market's location. These businesses included tied shops, market stalls, street vendors, and hawkers. Typically, these businesses were structured with a single entrepreneur acting as both the boss and the operational staff. The study highlighted that the primary source of startup capital for many of these businesses was personal savings. Major challenges faced by SMEs in Kabale Central Market included taxation and regulatory issues, inadequate storage facilities, competition, inflation, and transportation costs. Solutions proposed to address these challenges included enhancing the development of the financial sector, expanding and diversifying market opportunities, promoting good governance practices, and investing in human and cultural capital development. In conclusion, the study underscored the importance of government initiatives to support and enhance the growth of Small Scale Businesses (SSBs) for the overall economic development of the nation.
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spelling oai:idr.kab.ac.ug:20.500.12493-21322024-08-01T00:03:23Z Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market. Atukunzire, Pross Effect Small Medium Enterprises SMEs Growth Business Kabale Municipality Kabale Central Market The study focused on examining the impact of Small and Medium Enterprises (SMEs) in generating employment at Kabale Central Market, Kabale District. Its first objective was to identify the activities undertaken by small-scale businesses in the market. The second objective aimed to uncover the challenges encountered by these businesses, while the third objective sought to propose solutions to address these challenges. Using a descriptive approach, the study employed both quantitative and qualitative methods for data collection and analysis. A questionnaire was administered to 60 SME owners operating in Kabale Central Market. The findings revealed that most businesses in the market are small due to their limited marketing strategies, primarily catering to existing local customers familiar with the market's location. These businesses included tied shops, market stalls, street vendors, and hawkers. Typically, these businesses were structured with a single entrepreneur acting as both the boss and the operational staff. The study highlighted that the primary source of startup capital for many of these businesses was personal savings. Major challenges faced by SMEs in Kabale Central Market included taxation and regulatory issues, inadequate storage facilities, competition, inflation, and transportation costs. Solutions proposed to address these challenges included enhancing the development of the financial sector, expanding and diversifying market opportunities, promoting good governance practices, and investing in human and cultural capital development. In conclusion, the study underscored the importance of government initiatives to support and enhance the growth of Small Scale Businesses (SSBs) for the overall economic development of the nation. 2024-07-04T09:52:18Z 2024-07-04T09:52:18Z 2024 Thesis Atukunzire, Pross (2024). Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market. Kabale: Kabale University. http://hdl.handle.net/20.500.12493/2132 en Attribution-NonCommercial-NoDerivs 3.0 United States http://creativecommons.org/licenses/by-nc-nd/3.0/us/ application/pdf Kabale University
spellingShingle Effect
Small
Medium Enterprises
SMEs
Growth
Business
Kabale Municipality
Kabale Central Market
Atukunzire, Pross
Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.
title Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.
title_full Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.
title_fullStr Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.
title_full_unstemmed Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.
title_short Effect of Small and Medium Enterprises on Growth of Business in Kabale Municipality: A Case Study of Kabale Central Market.
title_sort effect of small and medium enterprises on growth of business in kabale municipality a case study of kabale central market
topic Effect
Small
Medium Enterprises
SMEs
Growth
Business
Kabale Municipality
Kabale Central Market
url http://hdl.handle.net/20.500.12493/2132
work_keys_str_mv AT atukunzirepross effectofsmallandmediumenterprisesongrowthofbusinessinkabalemunicipalityacasestudyofkabalecentralmarket