Small and Medium Enterprises play very important role in the Development of any country. It is easy, simple and fast to setup a Small Industry. They create more employment for less capital compared to large industries. But development of Small Industries is hampered by diversity of problems. These Problems can be classified as Internal Problems (Management, Finance, Marketing etc ) which are in the control of the entrepreneur and External Problem ( Power Shortage, Taxation, Political Instability etc ) which are not in his control.
- Finance
- Raw Material
- Skilled Manpower
- Marketing
- Infrastructure
- Technology
- Management
- Record Maintenance
Detailed explaination of all the above problems will be explained in future posts as it will be a unreadable lengthy essay.
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