A Conceptual Model on the Challenges Affecting the Growth, Sustainability, and Survival of Small, Medium, and Micro Enterprise

A Conceptual Model on the Challenges Affecting the Growth, Sustainability, and Survival of Small, Medium, and Micro Enterprise

Ayansola Olatunji Ayandibu, Irrshad Kaseeram, Elizabeth Oluwakemi Ayandibu
ISBN13: 9781799831716|ISBN10: 179983171X|ISBN13 Softcover: 9781799831723|EISBN13: 9781799831730
DOI: 10.4018/978-1-7998-3171-6.ch001
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MLA

Ayandibu, Ayansola Olatunji, et al. "A Conceptual Model on the Challenges Affecting the Growth, Sustainability, and Survival of Small, Medium, and Micro Enterprise." Reshaping Entrepreneurship Education With Strategy and Innovation, edited by Ayansola Olatunji Ayandibu, IGI Global, 2021, pp. 1-16. https://doi.org/10.4018/978-1-7998-3171-6.ch001

APA

Ayandibu, A. O., Kaseeram, I., & Ayandibu, E. O. (2021). A Conceptual Model on the Challenges Affecting the Growth, Sustainability, and Survival of Small, Medium, and Micro Enterprise. In A. Ayandibu (Ed.), Reshaping Entrepreneurship Education With Strategy and Innovation (pp. 1-16). IGI Global. https://doi.org/10.4018/978-1-7998-3171-6.ch001

Chicago

Ayandibu, Ayansola Olatunji, Irrshad Kaseeram, and Elizabeth Oluwakemi Ayandibu. "A Conceptual Model on the Challenges Affecting the Growth, Sustainability, and Survival of Small, Medium, and Micro Enterprise." In Reshaping Entrepreneurship Education With Strategy and Innovation, edited by Ayansola Olatunji Ayandibu, 1-16. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-3171-6.ch001

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Abstract

This chapter addresses the changes (finance, human resources management, supply chain management, and regulatory) that affect the growth, sustainability, and survival of SMMEs world. These challenges are common among SMMEs in every country. In order for SMMEs to achieve growth, sustainability, as well as survive in the competitive global market, SMMEs must deal with these challenges. This chapter also creates a conceptual model that addresses these challenges and provides solutions that can be used to improve SMME challenges. SMMEs from South Africa, Nigeria, and Ghana were also discussed.

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