Assessment of performance and challenges of small and micro enterprises: Fireweyni town, Ethiopia

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Veröffentlicht in:PLoS One vol. 20, no. 4 (Apr 2025), p. e0320681
1. Verfasser: Tuem Gebre Abraha
Weitere Verfasser: Haftom Teshale Gebre
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Public Library of Science
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100 1 |a Tuem Gebre Abraha 
245 1 |a Assessment of performance and challenges of small and micro enterprises: Fireweyni town, Ethiopia 
260 |b Public Library of Science  |c Apr 2025 
513 |a Journal Article 
520 3 |a Micro and small enterprises are crucial drivers of economic growth, job creation, and poverty reduction in developing countries. Recognizing this, Ethiopia has implemented measures to enhance the operation of micro and small enterprises. However, many micro and small enterprises in the country face significant challenges and exhibit deteriorating performance, with limited progression from one enterprise level to the next. This study aims to assess the performance and challenges of micro and small enterprises in Fireweyni town. Employing a mixed-methods approach, the study integrates both qualitative and quantitative research. Primary data were collected using a structured questionnaire. A probability sampling technique, combining convenience and stratified random sampling, was applied to a sample of 373 micro and small enterprises in Fireweyni town. The study is descriptive and cross-sectional, focusing on the performance of MSEs and the obstacles they encounter. Data collection included responses from 5483 micro and small enterprise operators, distributed across service (853), manufacturing (341), urban agriculture (1073), construction (155), and trade (3061) sectors. The data were analyzed using descriptive and inferential statistical methods, with the aid of the Statistical Package for Social Sciences (SPSS) version 20 and STATA version 16. Results of the study revealed that, every variable (factor) incorporated in this study was statistically significant, impacting the performance of SMEs and businesses within the study area. The Pearson correlation coefficient test results showed that all independent variables have a significant relationship with MSE business performance. The study’s conclusions indicate that financial control, marketing strategy, managerial expertise, government regulations, and business information services significantly affect the performance of small and micro businesses in Fireweyni town. 
651 4 |a Ethiopia 
653 |a Government regulations 
653 |a Data collection 
653 |a Questionnaires 
653 |a Data analysis 
653 |a Statistical inference 
653 |a Random sampling 
653 |a Sampling techniques 
653 |a Developing countries--LDCs 
653 |a Quantitative research 
653 |a Correlation coefficient 
653 |a Statistical analysis 
653 |a Qualitative analysis 
653 |a Sample size 
653 |a Participation 
653 |a Statistical sampling 
653 |a Statistical methods 
653 |a Performance degradation 
653 |a Performance assessment 
653 |a Economic development 
653 |a Variance analysis 
653 |a Statistics 
653 |a Small business 
653 |a Poverty 
653 |a Information services 
653 |a Economic growth 
653 |a Independent variables 
653 |a Sampling error 
653 |a Urban agriculture 
653 |a Interviews 
653 |a Correlation coefficients 
653 |a Government industry relations 
653 |a Consent 
653 |a Social sciences 
653 |a Job creation 
653 |a Sampling methods 
653 |a Small & medium sized enterprises-SME 
653 |a Research design 
653 |a Variables 
653 |a Poverty reduction 
653 |a Economic 
700 1 |a Haftom Teshale Gebre 
773 0 |t PLoS One  |g vol. 20, no. 4 (Apr 2025), p. e0320681 
786 0 |d ProQuest  |t Health & Medical Collection 
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