Small Businesses Issue in Mauritius

Mauritius Sub-Saharan Africa is a small island in the country with small businesses in which less than 20 people have been created, which gradually affects the country's economic development. Many people who were recently unemployed, have found employment in this area. There is a lot of help offered by the government through the Small Enterprises and Handicrafts Development Authority (SAHADA), which is now known as SMAA who are ready to set up a new business in the country.

However, these small businesses have to face problems like lack of human resources, lack of management skills, lack of credit, corruption and lack of infrastructure. These 70% of the businesses do not remain in the first year of their existence, whereas after 5 years after the market's deep analysis of this report, the World Bank has to have an account.

Lack of Available Human Resources

In Mauritius, most people prefer to work in the famous company's offices instead of those small industries, which are the status indicated by them and the benefits they have. For example, a chef on Hilton Hotel has not been given the same benefits as a small restaurant offer, so workers prefer to work in better paid salaries, finger profits and recognized job-seeking organizations for job security. People see themselves doing small work in small businesses, which they do not appreciate today.

Lack of Management Skills

The lack of management for small business failure is an important issue. Many small business owners lack the training to manage a business or they are not well-versed. Most administrators do not style their leaders well and there is no proper planning, management, leading and controlling. In addition, most businesses that have been established can be run by their employers, for example, sole traders and partnerships. They do not search for the market, that they are ready to assess potential marketing strategies due to reviewing prospective clients or marketing methods or their immorality.

Most of them are illiterate and are unable to manage the computers or machines that are used to simplify their business activities. Many businesses come into being with the main point of view of profits. Business owners do not receive the respect or goal of any employees or goals by their employees. But SMID provides training programs for small business establishments so that they feel comfortable in the area in which they are admitted. IT facilities have also been provided in ITBB (Institutional and Vocational Training Board) to help the public, particularly those in need of employment, in areas like IT, textiles, agriculture and automotive maintenance. Being expert.