The Determinants of Successful Small Medium Micro Enterprises (SMMEs) in Construction Sector: A case of Mpumalanga
Abstract
This study sought to evaluate the determinants of successful Small Medium Micro Enterprises (SMMEs) in construction sector in Mpumalanga Province. The study employed quantitative research approach to collect data using a survey questionnaire. A sample size of 150 participants was extrapolated using stratified random sampling. The questionnaire was distributed to target participants comprised of the quantity surveyors, directors, project managers and line supervisors whose construction SMMEs are operating in Mpumalanga The findings of the study were that technical know-how, good cash flow, flatter organisational structure, good record keeping, qualified personnel, sound capital, innovation, managerial expertise and location were determinants for successful construction SMMEs. It was recommended that construction SMMEs should adopt these determinants for them to grow and survival.
Keywords: SMMEs, Determinants, Construction Sector, Mpumalanga Province
DOI: 10.7176/EJBM/12-24-08
Publication date:August 31st 2020
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ISSN (Paper)2222-1905 ISSN (Online)2222-2839
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