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Causes Of Failures Of Small Business A Case Study Of Smes In Kabalagala And Kansanga

IVONA N. MUZANILA 61 PAGES (10176 WORDS) Business Administration Dissertation
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This studv was carried out to find the causes of failures of small and medium businesses at Kabalagala and Kansanga.

Findings of this study show that the causes of failures of small scale businesses was because of shortage of capital, premises, competition, limited (seasonal) market/ holidays and limited (seasonal) market/ holidays. It was found out that capital is the
major problem to most entrepreneurs ofKabalagala and Kansanga. As a result, it is noted that more concerted effort is necessary by both the government and the small-scale businesses to have a bright future and also to play their rightful role in the economic development of the country.
In study, it is evident that small-scale enterprises have a vital role to play in the industrial and economic development of Kabalagala and Kansanga. However, little can be expected of them unless certain strategic measures and programmes are put in place to reactivate, upgrade and restructure them.
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