How government policy affect small and medium scale enterprises in Zimbabwe?
-through imposing high taxes
-high interest rates
-indigenization and total empowerment
-privatisation and closure of state companies
-high exchange rates
-high interest rates
-indigenization and total empowerment
-privatisation and closure of state companies
-high exchange rates
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The main problem is that competition is rather high, and it is difficult to maintain high position on the market.
There are 4.8 million small businesses in the UK (up from 4 million in 2003) . 3.6 million businesses are sole proprietors . 1.3 million are companies of which 747,000 have employees . 444,000 are partnerships . 97 per cent of firms employ less than 20 people . 95 per cent employ less than 5 pe…ople . Over 500,000 people start up their own business every year . Small and medium-sized firms employ more than 59.8 per cent of the private sector workforce . 22.8 million people work in small and medium-sized firms . Small firms contribute more than 49 per cent of the UK turnover . 64 per cent of commercial innovations come from small firms . Wholesale, Retail and Repairs was the biggest employer at the start of 2009 . The 563,000 enterprises in this sector employed 4,853,000 people (21.3 per cent of all UK private sector employment) . Small firms collect and pay Tax, NICs, VAT and other dues which help pay for public services . Around 1,580,000 of all UK enterprises are in London and the South-East ( Full Answer )
The advantages of the small to medium enterprises to an economy isthat they create very many employment opportunities. They are easyto set up and therefore help boost the economy.
cThere is no formal definition of the size of a large firm, although it is seen as larger than a medium enterprise, which generally is defined as an enterprise having less than 250 employees.
The difference between large scale industries, medium scaleindustries and small scale industries is found in three areas. Itdepends on the number of employees each industry employs, theamount of capital that was invested and the availability of thecompany's assets.
provide answer to the question: How government policy affects small and medium scale enterprises in nigeria provide answer to the question: How government policy affects small and medium scale enterprises in nigeria
A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of "small" varies by country and by indu…stry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009 , 50 employees in the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs. Small businesses can also be classified according to other methods such as sales, assets, or net profits. ( Full Answer )
small enterprises have about 50 people employed in the business. a medium one has about 250 and a large one would be more than 250.
A medium scale industry employs between 1 to 1,500 persons. Theindustry should earn between $750,000 to $33.5 million to beconsidered a medium scale business.
I have not found any constructive efforts taken by a financial institution such as a bank to help the small business entrepreneur grow. It is completely up to the business owner to seek their assistance when needed and be prepared to lay your life on the line along with profit and loss statement, ta…x returns, full credit history and a complete list of yours and the companies assets. There are however some banks that state they help the small business people but they in most cases do not take any risk whatsoever. My Bio will give you alittle more background into my experiences, good luck to you! . Sincerely, Val ( Full Answer )
The theories and models of small and medium scale enterprises inNigeria basically outlines the immense contribution to the Nigerianeconomy.
kyun re laavde tujhe nahi malum kya salee hamara ques hum hee ko poochta hai madaar choood
Your website took content and did not mention the site originating Home Based Business Small and Medium Enterprise building taken from WRLYMAN.COM and MyLyman.Blogspot.com...please advise to either .c?
From MyLyman.Blogspot.com reply: This posting is in error. Thank you for your concern. MyLyman.Blogspot.com and WRLyman.com authorized the republishing.
A small scale business enterprise is one that employs 6 to 29 employees excluding fixed assets land, building and vehicles with cash not exceeding $ 100,000 we have hundreds of the characteristics of small scale business enterprises and these been categorized. Namely they are labour,sector activitie…s, gender of owner and efficiency characteristics. LABOUR :this is a one man working business and the one man is referred as the proprietor. About 50% of Ghanaian business enterprises are small scale. Family members constitute 25% of the labour and are always unpaid labour who work actively. they some employ hired labour which constitute 12.5% of its labour. And apprenticeship and trainees also provides 12.5% of its labour. the advantage attached to this is that one do not need huge sums of capital to begin. In addition is the SECTOR ACTIVITY CHARACTERISTICS. This category is mainly and mostly engaged in retailing, trading and manufacturing. NB. in Ghana my country most are into retailing. This category depend largely on the availability of raw materials,taste and consumption pattern of consumers and level of development of export market. Furthermore, we have the GENDER OF OWNER. It is about a particular sex being majority in a small scale business enterprise. Majority of these people are females and are engaged in trading in Ghana. they are mostly home base are not captured or considered by official statistics.Business are found in front of houses. The have lower chance of accessing financial assistance because they lack equilateral for loans. Finally is the EFFICIENCY CHARACTERISTICS. This category lay emphasis on labour productivity. every industry is sustainable if they are able to increase productivity. ( Full Answer )
it help small and mediumscal business enterprise in documenting day to day activity of their business
What are the advantages of implementing accounting information systems in small and medium enterprises?
Every company starts with the dream to grow big.This is the same answer for the question why you want your son or daughter to be studied in the best university like harward or IIT.The intension is to provide good steering and to take the small and medium company to the biggest platform available.To …take the company to the apex position, promoters need to have data to know the present health of the company and this will only be provided if the accounting system is placed correctly at the right place.The Accounting system will show the correct figures and analysis this in terns leads to taking correct decisions depending on the present market condition.So if you get the vacination at the right time your baby will be away from all the life taking diseases. ( Full Answer )
When a business starts out small and grows steadily by settingaside money for needed equipment, buildings, and additionalemployees, it eventually grows too large to be called a smallbusiness, but hasn't yet grown enough to be called a largebusiness. This type of business is called a medium scale bus…inessor industry. ( Full Answer )
The government policy in the employment is very affecting because the policy of the government are does very hard to do so on the employment..
1) its between small scale and large scale enterprise 2) it has 250 workers at maximum 3) annual turnover does not exceed EUR 50 million 4)annual balance-sheet total does not exceed EUR 43 million
Yes. Robert Mugabe has been the de facto dictator for a number of years now.
Many small and medium scale businesses use accounting software likeQuicken. Some small businesses continue to do manual accountingbecause they don't have to do it each day.
How do you analyze a bank loan proposal when looking for credit for a small- to medium-sized enterprise?
At a very high level, one wants to analyze three (3) key components: * The character and reputation of the bank offering the loan (e.g., is the bank solvent, does the bank have any past or current problems, will using the bank help your business beyond that of getting a loan, etc.) * The relati…onship that you currently have with the bank (e.g., are you an existing customer, do you like your agent/representative, has the bank been helpful before, etc.) * The price of the loan in effective annual rate (EAR) terms (i.e., determine what the EAR is by including the APR, any fees, closing costs and payoff costs that might be associated with the loan) ( Full Answer )
Small and Medium-scale industries (SMIs) can play an important role in the process of a country's industrial and economic development. In particular, SMIs can make significant contribution to achieve social and economic objectives such as labour absorption, income distribution, rural development, po…verty eradication and balanced economic growth. The agricultural industrial sector plans stresses the need for a self reliant approach to development. ( Full Answer )
Types of the small scale enterprises in Nigeria include livestockfarming, agro-products exportation, setting up a security companyand inland water transport. Retail shop and supermarkets are theother types of the small scale enterprises.
Environmental factors that affect small businesses includegoverning bodies and competitors. When the government makesregulations it can hurt small businesses trying that are trying tosurvive.
Depends how you classify a "small" city. Harare and Bulawayo are the only large cities in Zimbabwe/
The new deal affected the federal governments social policy in ahuge way. They were tasked with a greater responsibility in makingthe economic lives of the citizens are better.
The federal government created what to help small and medium sized businesses get involved in exporting?
U.S. Export Assistance Center is your one-stop shop, designed to provide export assistance for your small- or medium-sized business.
Their land was taken from them, they were forced to live on reservations, they didn't have the manpower to fight, and they couldn't farm or hunt.
Government policies and regulations force businesses to abide bythe law. If managers choose not to, they have to pay fines or spendtime in jail.
Government: Semi presidential, parliamentary, consociationalist republic For the source and more detailed information concerning your request, click under the related links section (Wikipedia) indicated directly below this answer section.
Venture Capital market, equity financing (which could be through public stock offering or private placements ), informal risk capital (called angel financing) and debt financing.
Contributions of small scale medium scale enterprises are immense in an economy.Specially in rural areas, where the per capita income of the masses is absymally low, these enterprises help in generating employment,thus helping in attaining their livlihood. The garment sector in Bangladesh has made a… sea change specially among the rural women folk. The Bangladesh Gramin Bank played a pivotal role by comming forward and helping these small scale industries come under an umbrella and become an important foreign exchange earner for the country through exports. It has been seen the big industries prefer to operate in urban and semi urban areas and where profit maximization is high, where as the small and medium scale enterprises act as torch bearer,contributing immensely to the national economy. ( Full Answer )
small businesses usually charge less for their products and doing sales can impact their profit as they will become unable to breakeven if they have sold products for less than they bought them from.
Inventory management can play an important role in the profitability of a business in a way,,, for example If we hold a lot of inventory that means we spend (outflow of cash) and which can impact of our business profitability and in the same way if we hold a minimum in inventory that means much inf…low that can lead to a better profitability, both of these end have to be cater very carefully. A number of techniques are used to control the inventory management such as EOQ Model, just in time techniques and and in modern era ERP system is one of the best example of inventory management system to improve the profitability of the business. As far as concerned with small scale enterprises inventory management play a vital role for the profitability of the business because generally it is presumed that small scale business has a little access on resources and if they spend all their money on the inventory then they do not have any cash for future and in this way they face serious problems such as might be loss of business. So the small scale businesses must act in this way that they hold a level of inventory that does not impact on its survival, they must use techniques to inventory management and in this way they get much more profits than expected. ( Full Answer )
work for government or private research agencies assess economic trends in order to formulate policy in such areas as agriculture, forestry, business, finance, labor, transportation, urban economics, or international trade and development
Government policies and programs, such as benefit programs and the progressive income tax, reduce income inequality.
la respuesta es que el role de la pequeÃ±a empresa en la economia de la India es fabricar un producto alimenticio de bajo costo que todo habitante de la India consuma por sus costumbres esto hara que el ingreso de activos de la empresa luego produzca otros productos de consumo masivo y tradicion…ales de ese paÃs.- Puede ser dulces, bebidas, o comestibles para sus fiestas tradicionales.- Guillermo Horacio CaamaÃ±o.-Asker_071@hotmail.com.- ( Full Answer )
The meaning of medium scale industries is industries that arein-between large scale and small scale industries. These areaverage industries that have a higher production capacity thatsmall scale industries but lower than large scale industries.
A small enterprise is smaller than a medium scale enterprise. Usually, that means fewer people work for the company and there may be fewer locations and less net cash flow. It can also mean there is less capitol investment in a small than in a medium enterprise.
The Constotution should be the government's policy but Pres.Obama ( or should I even call him president) is the one of the factors that effects the policy of the government.
The defference between small and medium scale enterprise can be seen in three (3) categories.viz. ~Number of employee ~Capital invested ~Asset availability However small scale is a busness enterprise which the minimum employee is 10 and maximum of 300 and which cpital base is 200m excluding… land and workin capital. ( Full Answer )
Bookkeeping and Performance If you want to improve performance you have to control. To control the performance you should measure. Those things you can measure , you can control. Book keeping provides financial data to analyse performance and to control. More over for small and medium organisation…s it is mandatory to keep book of accounts. ( Full Answer )
As matter of fact the members of an Limited Liability Company or Corporation are not personally liable for the debts accumulated by the enterprise. So it is only thing that matters how financial stable is the enterprise.
lack of stable economic condition that allow a bussiness to grow in the long run
What are the roles of small scale businesses in the transformation agenda of the nigeria government?
To create employment To improve the standard of living of its citizen To provide innovation
intial amount to be invest in the organization to establishment that is called as openning amount that to be invest
1. Government sets the laws and regulations under which the enterprise must function. Management policies must be consistent with legal requirements. Procedures must be designed and tested to assure that they will produce legal results in a legal manner. 2. Government builds many aspects of infra…structure which the enterprise may benefit from using. Some of this is physical (roads, airports, waterways, ports, etc.) Other parts include a courts system, patent protection, assistance in exporting goods, incentives to hire people). 3. Governments tax. Management must consider the tax impacts of alternative policies and practices. Incentives and penalties can be significantly different depending on what directionbs management selects. 4. Governments are customers. Special policies and processes may be required to be competitive is serving governments as your potential customer. ( Full Answer )
Well, let's first look at income. To me that's goods and services. At the level of the individual that has to do with the amount of goods and services he or she can produce, and then get paid for in terms of the goods and services he personally wants. In terms of a business the same, it produces goo…ds and services and receives the goods and services it needs. The income for a country, GDP, is meant to be all the goods and services produced by that country in one year, and is of course the sum of all the goods and services produced by all the individuals and businesses in that country. So if an individual were to have a personal goal 'To Encourage Production and Discourage Non-Production' he could make his own policies based on that: Not going to work...non-production. See, that's a no-brainer. Should I work at something that gives me twice as many goods and services as something else? Easy, no-brainer again. Now, is there such a goal in government that has to be considered with each law, Executive Order or policy that is made? No, I don't think so because most would obviously violate it. For example: paying someone not to work. Again, a no-brainer...if you have to the goal to encourage production and discourage non-production. A government should not pay someone 'not to work'. How about something like 'Income Tax?' The more a person produces, the more he is penalized. Quiz time. Does Income tax encourage production or discourage production? If you said 'Discourage' you would be right. That is how government policies affect income. If the policy encourages production it increases income. If it discourages production is will decrease income. I have expresses 'income' in terms in goods and services for an excellent reason. Let's take the actual definition the government uses for how much income the economy has in one year, called the Gross Domestic Product. If the government borrows 1 trillion USD and there are no goods and services involved in obtaining this 1 trillion USD then it does NOT represent production does it? But a government policy created this a definition of GDP that does allow it! Now in ones own thought processes, one might look at GDP and hear that it has increased only 1.4% (including 1 trillion USD plus of non-production). Assuming this amounts to 8% of GDP, how much did GDP actually increase? I say, 1.4% - 8% is - 6.6%. So you tell me, using this idea could any government official, or citizen now determine, 'How do government policies affect income?' ( Full Answer )
Roosevelt's policies affected the government by this: everybody felt that Roosevelt was not helping all of the young kids in Hungary who were left alone with their parents. Soon, everyone from the MUA (military underground association) felt as though Roosevelt was not helping them keep all of the bu…gs, animals, and mud from getting into their homes. This surprised many people, as they did not think Roosevelt would do this. They soon rose up and started a rebellion, which soon led to WWII. Therefor, Roosevelt's policies did not help the government in any way. ( Full Answer )