This study sought to analyse the factors that contribute to the failure of Small and/or Medium Enterprises (SMEs) in Windhoek, Namibia. The objectives of this study were to determine the causes SME failures, to examine ways in which SME failures can be overcome, and to recommend ways in which SMEs can overcome their problems. These aspects were done by identifying the causes of SME failure, and were deemed important that the causes of SME failure be understood. Through an analysis of literature information and primary findings, new, better and effective ways were established to help SMEs to overcome the problems experienced. The findings from the study indicated that there are many causes of SME failure in Windhoek, Namibia. The study indicated that a lack of management skills, a lack of financial support and a lack of business training are the major causes of SME failure in Windhoek. It is recommended that the Government of Republic of Namibia and SME owners, managers and supervisors help them avoid the failure of SMEs.
This study sought to analyse the factors that contribute to the failure of Small and/or Medium Enterprises (SMEs) in Windhoek, Namibia. The objectives of this study were to determine the causes SME failures, to examine ways in which SME failures can be overcome, and to recommend ways in which SME...
مادة فرعية