Issues Faced By Small Businesses

Overview
Introduction Problem statement Scope Limitation

Literature Review

Informal business is growing more quickly Provide employment and strengthen the local industry

Chances of failure are greater for firms that are:

i. ii. iii. iv. Small in size Located in rural areas Sold low price products Worked as sole proprietorship

Stages of SMEs Development

Start up Early growth Later growth stages

Formation
Early growth Expansion

Stability

Ivys Issues Categorization

Credit Availability Infrastructure Labor Government Marketing

New Zealand
Drought Rising Prices Information Campaign Failed to achieve expected results Reduced the industrial demand to cater the residential demand

South Africa
Insufficient power generation against growing demand Implemented power rationing Reduced demand by10% through pcp Energy saving tools were designed

Power alert messages on the TV and internet after every 30 min interval
Campaigns to encourage south Africans to embrace power saving as part of their national identity and culture

Chile
Drought in 2007/8 Hydroelectricity reserves reduced by 38% Energy-Efficiency Program2005

Response to energy shortfall

Pilot Study
A short Questionnaire Open-Ended interview Different sectors

Questionnaire
I. II. III. How does energy crisis affected your business in terms of sales and productivity? What incentives you take to overcome the issue? Do you get any support from Government?

IV. What are the overall solutions to such problems?

Sectors
Textile (Dyeing and Printing) Manufacturing (Spare Parts) Construction

Services (Barber)

Solutions
Everyone is facing electricity issue Alternatives increase expenses Level of efficiency falls down

Government has nothing to do with small businesses.

Methodology

Sampling
Population: Business Owners from Lahore Sample Frame: Business Owners With 2-75 Employees Sample Size: 50 units

Sample Method: Convenience

Data Collection Approach

Primary Source:
Interview Unstructured

15-20min
8-10 Questions

Secondary Source:
Newspaper Television Related information from internet

Research Methodology
Qualitative:
Give in-depth information

Research Approach:
Inductive

Time Horizon:
Cross sectional

Next Steps
Data Collection

Analyzing data
Concluding our study & giving recommendation