Entrepreneurship Development by Small & Medium Enterprises in Sylhet: Problems and Prospects

Tahmina Khanom
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Tahmina Khanom: Senior Lecturer, Department of Business Administration, Leading University, Sylhet, BANGLADESH

American Journal of Trade and Policy, 2015, vol. 2, issue 2, 79-88

Abstract: This paper analyses the entrepreneurship practices in small and medium enterprises in Sylhet. In this study forty- five samples have been surveyed under nine different categories of Small and Medium Enterprises (SMEs) operating in Sylhet. The categories were –retailing, tailoring, boutique, flowers shop, pharmacy, restaurant, mobile servicing shop, fast food shop, and phone and fax shop. Both structured and unstructured questions were used in the questionnaire to collect the data. Also, some published materials were studied to determine the business constraints and potentiality of SMEs in this region. This study reveals that SMEs are contributing as engines of economic growth to a large extent in this region. The study's finding indicates that, besides possessing a high potentiality, SMEs are facing many problems like inadequate capital, raw materials collection, high cost of operating, financing, and marketing, insufficient support facilities, unstable political situation, etc. An attempt has been made to identify major obstacles and potential of doing business by using SMEs and recommend some policy measures for overcoming the constraints.

Keywords: Entrepreneurship; enterprise; SMEs; Sylhet; business problems; prospects of SMEs (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ris:ajotap:0111

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