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FACTORS THAT AFFECT THE GROWTH AND DEVELOPMENT …

European Journal of business , Economics and Accountancy Vol. 3, No. 3, 2015 ISSN 2056-6018 Progressive Academic Publishing, UK Page 73 FACTORS THAT AFFECT THE GROWTH AND DEVELOPMENT OF SMALL, MICRO AND MEDIUM-SIZED business ENTERPRISES IN THE VAAL TRIANGLE REGION OF GAUTENG PROVINCE IN SOUTH AFRICA Professor Maurice Ndege ( in Civil Engineering) Executive Dean: Faculty of Engineering and Technology Vaal University of Technology Van der Bijl Park, Gauteng Province ABSTRACT A review of the literature shows that small, micro and medium-sized enterprises (SMMEs) that conduct business in the Vaal Triangle region of Gauteng Province are characterized by a high rate of failure. This study was conducted in order to identify and quantify FACTORS that are responsible for the high rate of failure in SMMEs in the Vaal Triangle region. The study was based on a stratified random sample of size n=133. Stratified random sampling was used for collecting data by using a structured, pre-tested and validated questionnaire of study.

study was to identify and quantify key predictors of viability in small and medium sized enterprises conducting business in the Vaal Triangle region of Gauteng Province. The principal method of data collection and analysis was quantitative although a few qualitative methods of study were also used in the study.

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