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Setting goals for your employees
When it comes to setting targets for the financial year, most SMEs think "operations, growth, expansion, profits" and so on. These are all necessary elements of successful planning, but what about setting goals for your employees? Is it necessary, and if so, where do you start? This article can be used as a guide for individual goal-setting and measuring achievement.
10 must-haves for your marketing plan
It's vital SMEs put a solid marketing strategy in place and make sure they don't deviate from the plan.

Flexi-budget - Planning for uncertain times
During these uncertain times, companies need to maintain the discipline of good planning and budgeting, but how can you plan and budget when the goalposts keep moving? Orchard Growth Partners is rolling out a flexible planning and budgeting methodology which allows companies to prepare flexible and layered budgets.

How SMEs can go global
A new book by home business guru Emma Jones explains how SMEs and sole traders can go global to increase their income during the recession.
Social Media: Should you or shouldn't you for your business?
After speaking at a recent Women’s Network Australia event in Brisbane, and watching everyone take lots of notes, I decided to put some of my talk down into a paper. There is a lot to cover in this sphere, so here are some points to help people utilise social media more effectively.
From Entrepreneurship to Entreprenology: New findings of entrepreneurial research
In a difficult global economic environment, it is more important than ever to put into place strong fundamentals reinforcing economic growth and development and it is more important than ever to establish a global World Union of SME supporting Organisations and Institutions as the basis for an effective and sustainable SME oriented policy focusing at practicable actions instead of well-intentioned declarations that could never really help SMEs to overcome difficult times and particular situations.

What makes Third Generation Leadership “different”?
The Canadian singer-song writer, Leonard Cohen, has a song “Everybody Knows”. In this Cohen is pointing out everybody knows what is going on – especially when things aren’t working – but no-one is prepared to do anything about it. We continue doing the same things – possibly with some “tweaking” but basically still the same – and wonder why there is no real improvement. The issues of leadership and employee engagement are no different.

The African Market: Challenges for SMEs and Responses
In the presentation of WUSME World Union of SMEs on 20th May 2011 at the VI.African Summit, chaired by the former President of the Federal Republic of Nigeria H.E. Obasanjo, the market trends and opportunities for Micro- Small and Medium Enterpriseswere summarized as follows: Focusing on the economic development in the „Danger Zones” of the African Continent, the Sub Saharan Countries remain a challenge and urgently need to be addressed. These are the African Savanna and Sahel: Niger, Sierra Leone, Mali, Burkina Faso, Guinea-Bissau, Central African Republic, Chad, northern Uganda, Ethiopia and Somalia.

Is the Government of Canada's Shared Services Strategy a Threat to Small Business (Survey Result 1)
Many key stakeholders both within and external to the Government of Canada (GoC) see a shared services strategy as a threat to the Small-Medium Enterprise community? Do you believe that the current GoC shared services is a threat? If yes, why? If no, why?
What can business and governments do to promote SMEs?
Poverty remains a major challenge to sustainable development, environmental security, global stability and a truly global market. The key to poverty alleviation is economic growth that is inclusive and reaches the majority of people. Improving the performance and sustainability of local entrepreneurs and small and medium enterprises (SMEs), which represent the backbone of global economic activity, can help achieve this type of growth.
Facts about SMEs in Africa
Very few countries have working definitions of SMEs, except some members of UEMOA/WAEMU and Mauritius and Morocco. So data on this is hard to compare, though patterns can be seen and countries can be ranked by extent of SME activity:
Expanding the supply of finance through the non-financial private sector - Increasing SME Access to Finance: A Four Pronged Approach
Financial institutions are not the only source of money for SMEs. Apart from remittances by nationals working abroad, which are a key boost to private-sector growth, the interdependence between SMEs, large firms and sectoral “clusters” is a major potential source of finance, as shown in Asia and Latin America.
Improving business conditions - Increasing SME Access to Finance: A Four Pronged Approach
Improving business conditions, boosting the capacity of SMEs, expanding the financial sector and strengthening links between firms will permanently increase SMEs’ access to finance.
SMEs in Africa: the “Missing Middle”
The development of the private sector varies greatly throughout Africa. SMEs are flourishing in South Africa, Mauritius and North Africa, thanks to fairly modern financial systems and clear government policies in favour of private enterprise. Elsewhere the rise of a small-business class has been hindered by political instability or strong dependence on a few raw materials.
5.7 Meeting the needs of the entrepreneur: Enterprise solutions to poverty
Simply making finance available in the $10,000 to $500,000 deal size was crucial to attracting the interest of Ugandan and South African SMEs since it had never been available before. But other features were also designed into the model to provide tailor-made support to entrepreneurs.
5.7 Meeting the needs of the entrepreneur: Enterprise solutions to poverty
Simply making finance available in the $10,000 to $500,000 deal size was crucial to attracting the interest of Ugandan and South African SMEs since it had never been available before. But other features were also designed into the model to provide tailor-made support to entrepreneurs.
5.5 Energy access as market failure: Enterprise solutions to poverty
In sub-Saharan African countries as in other poor regions, development of the SME sector in energy and other segments is constrained by market failure.
SEO, why are you hiding?
All businesses, including SMEs, need to critically evaluate their online strategies to ensure they are not left behind in this fast-paced environment, a new report concludes. Business Insights produced the report, which says that increasing internet use is driving the rapid growth of online channels more so than ever before

Other smes Related Articles

3.1-3.2 The SME sector in Tanzania: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
The Tanzanian government defines SMEs according to sector, employment size, and capital investment in machinery. Accordingly, SMEs are defined as micro, small, and medium-size enterprises in non-farm activities, including manufacturing, mining, commerce and services. A
Improving business conditions - Increasing SME Access to Finance: A Four Pronged Approach
Improving business conditions, boosting the capacity of SMEs, expanding the financial sector and strengthening links between firms will permanently increase SMEs’ access to finance.
Expanding the supply of finance through the non-financial private sector - Increasing SME Access to Finance: A Four Pronged Approach
Financial institutions are not the only source of money for SMEs. Apart from remittances by nationals working abroad, which are a key boost to private-sector growth, the interdependence between SMEs, large firms and sectoral “clusters” is a major potential source of finance, as shown in Asia and Latin America.
SMEs - opportunities in Africa
An overview of opportunities in Africa for SMEs
SMEs oil prices globalisation and SMEs
An overview of the possible effect of oil prices on globalisation and SMEs
Millennium Development Goals need sound SMEs = More Jobs = Less Poverty
Due to the global economic crisis more than 60 million more people, among them millions of small- and micro entrepreneurs, primarily in the less developed countries will be in poverty in this year 2010.Many of the achievements in recent years made to facilitate business of SMEs in the world, to reduce poverty in less privileged economies have seriously been jeopardised by shrinking demand for SMEs export products, increasing prices for energy and food, falling commodity prices, significant reductions in foreign investment and a general liquidity shortage. The strong interdependence among the worlds' economies made this a literally global economic crisis and human tragedy.
WUSME: Towards a new strategy for crises prevention and to create more SMEs and jobs
Many of the achievements in recent years made to facilitate business of SMEs in the world, to reduce poverty in less privileged economies have seriously been jeopardised by shrinking demand for SMEs export products, increasing prices for energy and food, falling commodity prices, significant reductions in foreign investment and a general liquidity shortage. The strong interdependence among the worlds’ economies made this a literally global economic crisis and human tragedy.

The economic implications of global remittances for SMEs
Immigrant entrepreneurs (most of them Micro-enterprises and SMEs are also ‘social actors’, who participate actively in transnational activities. For example, in the Dominican Republic, there are hundreds of small- to medium sized transnational enterprises (SMEs),including small factories, commercial/retail establishments and financial agencies. Such ventures are created and run by former migrants, who have returned to the Dominican Republic after acquiring capital and establishing ties with migrant communities in the United States, thus acquiring clients and investors abroad.

SMEs - SMEs and labour rigidity
The impact of labour rigidity on SMEs.
A NEW FINANCIAL ARCHITECTURE FOR CRISES PREVENTION AND DEVELOPMENT OF THE INFRASTRUCTURE AND SMALL AND MEDIUM ENTERPRISES AND CRAFTS (SMEs) in the République of Gabon - Union-Work-Justic
The WUSME Delegation during its mission to Gabon 31 Jan - 5 Feb 2011 learned that presently no affordable programs for Micro-financing are available in the Republic of Gabon. BGFI Bank informed us that loans are been offered to SMEs at 18% annual interest plus cost of insurance against bankable guarantees. These conditions are unaffordable to SMEs and Crafts. There might be forthcoming special programs sponsored by UN Organisations, Worldbank or other Sponsors, but such single programs would only be available during a short period of time and are hence not sustainable. („Drop - on a hot stone - actions"). The Parliament of the Republic of Gabon shall decide tax law for imposing a tax of proposed 0,05% on all currency transactions of Banks, Fx-Brokers and Money Transfer Companies, e.g. WESTERN UNION.

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