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The impediments to the expansion of small black owned businesses in Durban.

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Date

2008

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Abstract

The purpose of the study was to investigate the impediments to the expansion of small black owned businesses in Durban. The study was based on the assumption that small black owned businesses are not expanding in Durban despite the support from eThekwini Municipality, Government and Black Economic Empowerment policies. Participation in seminars, conferences and meetings in which barriers to the expansion of SMMEs were discussed also helped in data collection, and the questionnaires were also given to the small black owned businesses. Semi-structured interviews were conducted with the small black business owners who have experience as small entrepreneurs. Websites of SMMEs like Khula and Ntsika were visited to establish the direction of SMMEs in Durban. Visits to eThekwini Municipality and South African Chamber of Commerce helped in gathering the information about the impediments to the expansion of small black entrepreneurs. The finding was that small black owned businesses are facing serious impediments such as lack of capital, lack of training and lack of government support. It was recommended that the UKZN-Graduate School of Business should provide small businesses development courses interpreted in both English and Zulu. It was also recommended that Government establish one central office for entrepreneurs to sort out licenses, tax and service contracts. It is recommended that South African Revenue Service to be a right place for sorting out licenses, tax and service contracts.

Description

Thesis (MBA)-University of KwaZulu-Natal, 2008.

Keywords

Small business--KwaZulu-Natal--Durban., Entrepreneurship--KwaZulu-Natal--Durban., Theses--Business administration.

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