Investigation Into Difficulties Affecting The Growth Of SMEs”

Paper details

Dissertation Brief

Topic: Investigation Into Difficulties Affecting The Growth Of SMEs”

Please add and read the followings for your thesis:

1)      Definitions of SMEs, please look at and report the EU SMEs definitions (micro, small and macro) in terms of the employees, turnover, balance sheet and maximum % owned by other firms which are large enterprises.

2)      Evidence (research failures and newspapers articles) on why SMEs fail?

3)      Competitive advantage and SMEs: Flexibility, quality of service, production efficiency, and low overhead costs, production development, and innovation

4)      Problems facing small businesses: Selling and marketing, funding R&D, management skills, and economics of scale.

5)      Please include data and information from:

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/SN06152

https://www.gov.uk/government/collections/small-business-survey-reports

6)      The role and importance of the entrepreneur:

Please look at the reports and data and include them in your thesis:

https://www.gemconsortium.org/

Explain what is entrepreneurship, total entrepreneurship activity and the UK, government economic strategy, etc.

7)      Attitudes towards entrepreneurship in the UK: please report some data from the surveys or polls such as from

https://www.innovationpolicyplatform.org/content/attitudes-towards-entrepreneurship

https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/bulletins/businessdemography/previousReleases

(Look at 2014 carefully)

https://www.gemconsortium.org/country-profile/121

8)      For government support:

– The role of the UK Department for Business, Innovation and Skills (BIS) on grants, support and opportunities to small firms; business mentorship.

– Business Bank

– The ‘smart’ scheme to help small firms

– The Business Growth Service

– In the Budget 2016 and the Chancellor announced a permanent increase in the threshold for small business rate relief from 6000GBP to a maximum of 15000. Please search for articles for that

9)      EU support and their role, and their objectives: the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME) programme;

Executive Agency for Small and Medium-sized Enterprises (EASMA)

10)   Compare UK with the US about the business start-ups: why UK is behind the US?

11)   Put some examples from the success stories: the Dyson dual cyclone vacuum cleaner

http://news.bbc.co.uk/1/hi/business/6217291.stm

https://champions-speakers.co.uk/news/sir-james-dyson-become-best/

https://abcnews.go.com/Business/sir-james-dyson-things-suction-king/story?id=19985903

https://www.inc.com/magazine/201203/burt-helm/how-i-did-it-james-dyson.html

https://www.bbc.co.uk/news/business-19515485

https://www.theguardian.com/technology/2015/sep/03/james-dyson-record-profits-bladeless-fans

https://www.economist.com/special-report/2007/02/01/suck-it-and-see

https://www.forbes.com/sites/neilwinton/2016/03/25/could-traditional-car-industry-be-undone-by-dyson-a-vacuum-cleaner-maker/

http://nymag.com/vindicated/2016/11/james-dyson-on-5-126-vacuums-that-didnt-work-and-1-that-did.html

• You can choose other examples like this and connect it to your information about the comparative advantages and difficulties that SMEs face.
• Add valid Literature Review