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Problems Preventing Growth of Small Entrepreneurs: A Case Study of a Few Small Entrepreneurs in Botswana Sub-Urban Areas
Abstract
Lack of growth of small entrepreneurs can be attributed to insufficient support by the Government through its support programs as well as to their own internal weaknesses in terms of applying the right business strategies. An inductive, quantitative approach was used for carrying out the research. The data was collected through questionnaire method from three localities selected at random from sub-urban areas of Botswana, a landlocked country in Southern Africa. Most of the problems preventing growth of small entrepreneurs were lack of funds and difficulty in accessing Government support programs. The study recommends that the Government should provide training about viable small entrepreneurs which are highly recommended for funding and owners should change their approach to running business and engage in efficient business strategies that can give them growth. These recommendations, if applied properly will create small entrepreneurs growth not only in sub-urban areas of Botswana but also elsewhere.
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