Smes essay

Introduction Introduces the discussion and gives a thesis statement 2. Discussion Explores the contribution of SMEs to the economy, gives detailed statistics from various academic sources. It also offers an explanation of the impact of the 2008 financial crisis to the SMEs contribution to the economy in regards to employment 3.

1.Introduction Small and medium sized scale enterprise ( SMEs ) occupies the crucial position among the worldwide economic activities, particularly in developing country, whose flourish has already became a sign of the rapid development of economy. However, more than half SMEs face the severe challenges of surviving.

SMEs stand for small and medium enterprises which spread with all their activities widely across trade, services or manufacturing. In Egypt, SMEs are accounting for 65% of activity in small and micro establishments in 2003. and 97% of Egyptian enterprises are extremely small (employing between 1 and 49 workers)

Running head: SMEs​ 1 The Impact of Small and Medium Sized Businesses on Jobs and the Economy Name: Institution: fOutline 1. Introduction Introduces the discussion and gives a thesis statement 2. Discussion Explores the contribution of SMEs to the economy, gives detailed statistics from various academic sources.