The approaches for improvements in SMEs hurdle of obtaining funding
The objectives of this study is to: (1) gain an understanding on the challenges and problems faced by SMEs, particularly the micro-businesses; (2) examine the role of government agencies in assisting SMEs in relation to seeking funding; and (3) recommend to the SMEs obstacles in accessing fund from...
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Materialtyp: | Artikel |
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Arshad Ayub Graduate Business School, Universiti Teknologi MARA Malaysia
2014
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author | Zainol, Zairani Zainol Ariffin, Zaimah |
author_facet | Zainol, Zairani Zainol Ariffin, Zaimah |
author_sort | Zainol, Zairani |
collection | UUM |
description | The objectives of this study is to: (1) gain an understanding on the challenges and problems faced by SMEs, particularly the micro-businesses; (2) examine the role of government agencies in assisting SMEs in relation to seeking funding; and (3) recommend to the SMEs obstacles in accessing fund from the government and SMEs perspective. The study used qualitative approach through library search and interviews with government agencies and SMEs.The findings of the study concluded numerous financial opportunities were offered to the SMEs, but SMEs, particularly the micro-businesses failed to utilize the opportunities provided.The SMEs are still struggling in their small world; not looking outside, which consequently hinder them from moving forward to compete with the medium and large enterprises.In addition, they also lacking in terms of the knowledge, skills and financial management.In the end, this study proposed recommendations to improve financing system to the SMEs. |
first_indexed | 2024-07-04T06:18:59Z |
format | Article |
id | uum-21871 |
institution | Universiti Utara Malaysia |
last_indexed | 2024-07-04T06:18:59Z |
publishDate | 2014 |
publisher | Arshad Ayub Graduate Business School, Universiti Teknologi MARA Malaysia |
record_format | eprints |
spelling | uum-218712017-04-27T04:13:30Z https://repo.uum.edu.my/id/eprint/21871/ The approaches for improvements in SMEs hurdle of obtaining funding Zainol, Zairani Zainol Ariffin, Zaimah HB Economic Theory The objectives of this study is to: (1) gain an understanding on the challenges and problems faced by SMEs, particularly the micro-businesses; (2) examine the role of government agencies in assisting SMEs in relation to seeking funding; and (3) recommend to the SMEs obstacles in accessing fund from the government and SMEs perspective. The study used qualitative approach through library search and interviews with government agencies and SMEs.The findings of the study concluded numerous financial opportunities were offered to the SMEs, but SMEs, particularly the micro-businesses failed to utilize the opportunities provided.The SMEs are still struggling in their small world; not looking outside, which consequently hinder them from moving forward to compete with the medium and large enterprises.In addition, they also lacking in terms of the knowledge, skills and financial management.In the end, this study proposed recommendations to improve financing system to the SMEs. Arshad Ayub Graduate Business School, Universiti Teknologi MARA Malaysia 2014 Article NonPeerReviewed Zainol, Zairani and Zainol Ariffin, Zaimah (2014) The approaches for improvements in SMEs hurdle of obtaining funding. International Journal of Applied Business Research, 1 (1). (Unpublished) http://ijabr.blogspot.my/ |
spellingShingle | HB Economic Theory Zainol, Zairani Zainol Ariffin, Zaimah The approaches for improvements in SMEs hurdle of obtaining funding |
title | The approaches for improvements in SMEs hurdle of obtaining funding |
title_full | The approaches for improvements in SMEs hurdle of obtaining funding |
title_fullStr | The approaches for improvements in SMEs hurdle of obtaining funding |
title_full_unstemmed | The approaches for improvements in SMEs hurdle of obtaining funding |
title_short | The approaches for improvements in SMEs hurdle of obtaining funding |
title_sort | approaches for improvements in smes hurdle of obtaining funding |
topic | HB Economic Theory |
work_keys_str_mv | AT zainolzairani theapproachesforimprovementsinsmeshurdleofobtainingfunding AT zainolariffinzaimah theapproachesforimprovementsinsmeshurdleofobtainingfunding AT zainolzairani approachesforimprovementsinsmeshurdleofobtainingfunding AT zainolariffinzaimah approachesforimprovementsinsmeshurdleofobtainingfunding |