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Potential risks that are inherent in smes in kenya

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Reference no: EM133153969

Small and Medium enterprises popularly known as SMEs are engines of growth, vital to most economies. Research suggests that micro businesses and SMEs account for 95 percent of firms in most countries, create jobs, contribute to GDP, aid industrial development, satisfy local demand for services, innovate and support large firms with inputs and services.

Required:

  1. Examine the role of small businesses in economic development in Kenya.
  2. Evaluate any three potential risks that are inherent in SMEs in Kenya.

Reference no: EM133153969

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