Business Development Service: Addressing The Gap In The Western Cape, South Africa

Pradeep Brijlal

19 citations0/0 files storedInternational Business & Economics Research Journal (IBER)

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Entrepreneurship Studies and Influences Economic and Industrial Development Local Economic Development and Planning

Abstract

A survey was conducted to evaluate utilization of business development services by small businesses in the Western Cape. It was deduced that fairly established businesses do not seem to need or use consultancy /training services. This may be due to the lack of awareness on the owners part or perceived value of money. Emerging and stable businesses have a strong demand for financial support, business management advice and skills, market opportunities and technical skills. The new approach to business should entail identifying specific needs of business, considering its degree of sophistication and thereby providing services to meet those unmet needs

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References

1996Management Training and Small Firm Performance: Why is the Link So Weak?2007Employee Training in SMEs: Effect of Size and Firm Type-Family and Nonfamily 2002Entrepreneurship Training for Emerging SMEs in South Africa 2014Investigating whether a lack of marketing and managerial skills is the main cause of business failure in South Africa 1950How to Organize and Operate a Small Business

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2011The Effectiveness of Business Development Services Providers (BDS) in Improving Access to Debt Finance by Start-Up SMEs in South Africa 2014The Effect of Business Development Services on Performance of Small and Medium Manufacturing Enterprises in Kenya 2016Impact of Business Development Services on Performance of Micro and Small Enterprises in East Amhara Region of Ethiopia 2014The Impact of Business Development Services on Entrepreneurial Orientation and Performance of Small and Medium Enterprises in Kenya 2015The interactive nature of business development services in the relationship between external business environment and firm performance 2016Evaluating the BDS Providers and MSMEs: Challenges and Strategic Actions

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