This includes office space, equipment, laboratories, telephone, printing facilities internet, boardroom and secretarial support. These are vital elements in operating a business.

Management Skills, Financial Skills, Proper business training, Lack of experience and competence, Poor time management and planning skills.

Growth experts to monitor and evaluate the business. This includes experienced mentors and coaches in specific areas to control the company’s growth and strategic direction.

Product or services are developed with the goal of meeting a market need or want. This is a major goal for SMMEs is to get their offerings to the market.