Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)

Abstract

Factors Affecting the Growth of Micro and Small Scale Enterprises in Case of Kotebe Sub City

Author(s): Neeraj Bali

The purpose of the Research was to asses factors affecting growth of micro and small scale enterprises in case of Kotebe sub city. This Research has employed explanatory research design in order to estimate annual MSEs employee growth by using explanatory variables such as access to work premise, access to finance, access to marketing & government support. It was designed to evaluate the extent of access to work premise, access to finance, access to marketing & government support prediction about annual MSEs employee growth. The five level Likert scale questionnaires were used as the main data gathering tool. In order to meet the objective, the researcher was used simple random sampling techniques and the data were collected from 298 participants. The collected data were analysed using mean, standard deviation; correlation and multiple linear regression analysis. The descriptive findings of access to work premise, access to finance, access to marketing & access to government support were under practice in the Research area. The correlation coefficient findings of access to work premise, access to finance, access to marketing & access to government support have strong and positive relation with annual MSEs employee growth. The R square findings of access to work premise, access to finance, access to marketing & access to government support, all together have strong & positive association; and impactful predicts annual MSEs employee growth and out of these explanatory variables, access to finance was find to be the leading predictor of annual MSEs employee growth. Therefore, it is beneficial, if the concerned government body & other stakeholder of micro and small scale enterprises of Kotebe sub city has more increase the number of micro finance institution that might lead to increase annual employee growth; have identify MSEs with the problem of work premise and give them adequate work premise that should meet their enterprise demand; and have also identify the problem of MSEs more likely requires immediate government support & provide them possible support, that might also lead to increase their annual employee growth.

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