Failure rate of S.African SMMEs under spotlight
Failure rate of S.African SMMEs under spotlight Panelists from various public and private sector organisations, such as Aurik Enterprise Development, Tiger Brands and the Small Enterprise Finance Agency (SEFA), engaged on the topic. FILE: Picture: 123rf.com Read more small business good news on Vutivi Business News. South Africa has one of the highest failure rates for SMMEs, with five out of seven of them failing within the first year. According to the consulting firm, Cova Advisory, only six percent of S...
Source: ewn.co.za