An evaluation of the success of small medium and micro–enterprises established in Mafikeng and Mmabatho

(1)

(2)

(3)

(4)

(5)

(6)

Abstract

Small businesses contribute towards the Gross National Product of the countty and

also provide jobs. More and more people are leaving schools and universities with the

hope of finding jobs but this is not always possible. The best solution for these people

is that they should start their own small businesses in their communities.

Different businesses start because people have identified a need in their community.

Good things about small businesses are that some of them become successful and

eventually turned into franchise. Franchise is one way of starting a business. People

are sceptical of new products, they want the tried and tested products because they can identify with them. However, the franchisee will always be provided with support

from Head office to ensure that they succeed.

The government has set-up organisations such as Ntsika and Khula that help the

SMMEs with things such as business plans and finance. These organisations help entrepreneurs free of charge.

This project seek to evaluate those aspects that make some small businesses succeed

and others fail in Maftkeng and Mmabatho area and also to what extend does management skills affect small skills affect small businesses. The report also looks at

(7)

(8)

(9)

(10)

(11)

(12)

(13)

(14)

(15)

(16)

(17)

(18)

(19)

(20)

(21)

(22)

(23)

(24)

(25)

(26)

(27)

(28)

(29)

(30)

(31)

(32)

(33)

(34)

(35)

(36)

(37)

(38)

(39)

(40)

(41)

(42)

(43)

(44)

(45)

(46)

(47)

(48)

(49)

(50)

(51)

(52)

(53)

(54)

(55)

(56)

(57)

(58)

(59)

(60)

(61)

(62)

(63)