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Showing posts from November, 2014

What SMEs need...

There's a lot of talk about SMEs and entrepreneurship, and over the past 15 years it has intensified. Governments especially like to speak about it, since it's an avenue where they can speak about employment boosts. The thing is, they are so detached from the realities involved in setting up and running a business, they just don't get it!

What is needed is a thought process of what is needed to create an environment for SMEs. When entrepreneurs are undercapitalized and under resourced; how can they be facilitated to ensure that their business sees the light of day and has the opportunity to grow and thrive. It is not going to happen by the constant introduction of taxes, excessive regulations, and environments that are so expensive even foreign investors with their willingness to invest funds have to cringe at the costs of doing business.

There was some thought of introducing standards, but are they aiding or hampering creativity so necessary for business? Actually, when c…