An Exploratory Study of Challenges Faced by Small Automotive Businesses in Townships
The Case of Garankuwa, South Africa
Small, Medium and Micro Enterprises (SMMEs) are seen as an engine for economic growth and development in South Africa (SA), contributing about 36% of the total Gross Domestic Product (GDP) to the South African economy. Despite this positive contribution, the failure rate of small businesses in SA is worrying and estimated to be between 70 and 80.
Abstract based directly on the original source