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Entrepreneurship Development by Small & Medium Enterprises in Sylhet: Problems and Prospects

Author

Listed:
  • Khanom, Tahmina

    (Senior Lecturer, Department of Business Administration, Leading University, Sylhet, BANGLADESH)

Abstract

This paper analyses the entrepreneurship practices in small and medium enterprises in Sylhet. In this study forty- five samples have been surveyed under nine different categories of Small and Medium Enterprises (SMEs) operating in Sylhet. The categories were –retailing, tailoring, boutique, flowers shop, pharmacy, restaurant, mobile servicing shop, fast food shop, and phone and fax shop. Both structured and unstructured questions were used in the questionnaire to collect the data. Also, some published materials were studied to determine the business constraints and potentiality of SMEs in this region. This study reveals that SMEs are contributing as engines of economic growth to a large extent in this region. The study's finding indicates that, besides possessing a high potentiality, SMEs are facing many problems like inadequate capital, raw materials collection, high cost of operating, financing, and marketing, insufficient support facilities, unstable political situation, etc. An attempt has been made to identify major obstacles and potential of doing business by using SMEs and recommend some policy measures for overcoming the constraints.

Suggested Citation

  • Khanom, Tahmina, 2015. "Entrepreneurship Development by Small & Medium Enterprises in Sylhet: Problems and Prospects," American Journal of Trade and Policy, Asian Business Consortium, vol. 2(2), pages 79-88.
    • Handle: RePEc:ris:ajotap:0111
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    More about this item

    Keywords

    Entrepreneurship; enterprise; SMEs; Sylhet; business problems; prospects of SMEs;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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