13
May
The success of your small business often depends on the effectiveness of your growth strategies. Micro and small enterprises, the backbone of the global economy, face diverse challenges in their bid to scale. These entities, usually defined as businesses with fewer than ten employees, often encounter hurdles such as ready access to financial services, networking, and access to markets, amongst others. However, if properly guided and supported, they have the potential to flourish, thus improving their owner's income and creating jobs. This article presents the top strategies for efficiently growing your microenterprise. 1. Networking and Partnerships Micro and small enterprises…
