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

Authors

  • Tahmina Khanom Leading University

DOI:

https://doi.org/10.18034/ajtp.v2i2.386

Keywords:

Entrepreneurship, enterprise, SMEs, Sylhet, business problems, prospects of SMEs

Abstract

This paper analyses the entrepreneurship practices in the 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 shop, 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 and also some published materials are studied to find out 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 finding of the study reveals that, besides possessing a high potentiality, SMEs are facing a lot of 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 potentially of doing business by using SMEs and recommend some policy measures for overcoming the constraints.

 

Downloads

Download data is not yet available.

Author Biography

  • Tahmina Khanom, Leading University

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

References

Abdin, M. J.(2015), “SME cluster development key to speedy industrial growth”, The Financial Express, March 5, 2015, available at: http://www.thefinancialexpress-bd.com/2015/03/05/83626, (accessed 18 May 2015).

Ahmed, K. and Chowdhury, T.A. (2009), “Performance Evaluation of SMEs of Bangladesh”. International Journal of Business Management, Vol. 4, No. 7. DOI: https://doi.org/10.5539/ijbm.v4n7p126

Asian Development Bank, (2013) “Small and Medium Enterprise Sector Development Program”, available at http://www.adb.org/publications/asia-sme-finance-monitor-2013(accessed 12 May 2015).

Chowdhury S. and Rahman M.M. (2014), “The Potentiality of Women Entrepreneurs in Bangladesh with Special Reference to Sylhet Region”, Journal of Global Disclosure of Economics and Business, Volume 3, No 3, pp. 18-26. DOI: https://doi.org/10.18034/gdeb.v3i2.155

Hoque, M. J, Hossienie, C. A. and Baki, C. A. (2008), “Socio-Economic Impact of Women Entrepreneurship: An Analysis of SMEs in Sylhet City”, Journal of The Human Resources Development Studies, Shahjalal University of Science & Technology, Vol. 01. No. 01, pp. 1-8.

Hossienie, C.A.A, (2011), “Socio-Economic Impact of Women Entrepreneurship in Sylhet City, Bangladesh”, Bangladesh Development Research Working Paper Series (BDRWPS), pp. 1-22.

Khatun, F. and Kabir, A.T.M.F (2014), “Women SME Entrepreneurs in ensuring women empowerment in Bangladesh: A Study on Women SME Entrepreneurs in Bangladesh”, American International Journal of Research in Humanities, Arts and Social Sciences, Vol. 05. No. 01, pp. 61-68.

Mazumder, M. H. and Choudhury, T. R. (2001), “Problems of Managing Small and Medium Enterprises in Bangladesh”, Journal of Banking and Finance, Vol. 26, No. 1, pp. 5-32.

Miah, A. (2007), “Small & Medium Enterprise Sector Development Policies & Programs”, Dhaka, Bangladesh, SME Cell, Ministry of Industries (mimeo).

Mintoo, A. A. (2006), “SMEs in Bangladesh”, CACI Journal, Vol. 1, pp. 1-19.

Rahman, K. A.(2010), “Development of Small and Medium Scale Enterprise in Bangladesh: Prospects and Constraints”, (2010). Available at SSRN: http://ssrn.com/abstract=1583707 orhttp://dx.doi.org/10.2139/ssrn.1583707 (accessed 14 April 2015). DOI: https://doi.org/10.2139/ssrn.1583707

Zaman, A.K.M.H. and Islam, M. J. (2011), “Small and Medium Enterprises Development in Bangladesh: Problems and Prospects”, Journal of ASA University Review, Vol. 5 No. 1, pp. 145-160.

--0--

Downloads

Published

2015-08-31

Issue

Section

Research Articles

How to Cite

Khanom, T. . (2015). Entrepreneurship Development by Small & Medium Enterprises in Sylhet: Problems and Prospects. American Journal of Trade and Policy, 2(2), 79-88. https://doi.org/10.18034/ajtp.v2i2.386