The SME Growth Index is the first and largest study of its kind to be undertaken in South Africa. It differs from previous studies in breadth, scope and intent. It is based on the experiences and perspectives of a Panel of 500 small businesses, across South Africa’s three major metropolitan areas. It delves into the wide spectrum of factors germane to the operation of a business. It also focuses on drivers behind SME survival and growth. While much of the government’s attention has been on supporting the establishment of new small businesses, the Index emphasises the enormous and sometimes unacknowledged contribution made by established enterprises with the potential to expand, generate wealth and take on additional employees.
This report presents the findings from the 1st round of the SME Growth Index.
By SBP – www.sbp.org.za