PART A

CHALLENGES FACED BY SME’s IN ZIMBABWE

 There is lack of regulation
 Policies and laws pertaining to business ethics
 Hyper inflation
 Lack of capital from financial institutions
 Lack of collateral which bankers require on having if they are given loans
 Lack of business management skills
 Lack of funds for rent
 They don’t enjoy the economies of scale
 They don’t enjoy bulky buying
QUESTIONNAIRE
My name is Aesha Dodzo aged 18 l am undertaking a research on the problems faced by
SME’s in Zimbabwe. May you please assist me by answering me by answering the following
questions

1. What is your name?

2. What is your age?

3. What kind of business are you doing?

4. For how long have you been in that business?

5. What are the challenges you are facing as a business?

6. What are the benefits of your business?

7. How is the government helping you?

8. Where did you get your startup capital?

9. Where do you seek help in times of nee?

10. What are the solutions to your business?

PART B
THE CRITERIA I USED TO CLASSIFY EACH BUSINESS I VISITED AS A SMALL FIRM

 They worked on a small piece of land which was very small

 The business was owned one or two people
 There were a few workers who lacked skilled labour
 There was the lack of advanced machines
 There is limited liability
 They don’t have a stable work force
 Lack of business management skills
PART C
HOW THE BUSINESS IS POSITIVELY AFFECTING THE SOCIETY
 They are bringing foreign currency to the society
 They are providing services locally people are now occupied thus reducing drug
abuse and more cases of theft
 The way have been lin