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Journal of Economics Finance and Management Studies
Article . 2024 . Peer-reviewed
Data sources: Crossref
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ZENODO
Article . 2024
License: CC BY
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Firm Growth and SME Performance

Authors: Alinitwe Joshua; Naiga Sylvia; Tindimwebwa Joseline; Namirembe Isabella; Henry Muguluma;

Firm Growth and SME Performance

Abstract

The study aimed to determine Firm growth, and SME Performance in Buloba town, Wakiso district, Uganda. The research sample size was 80 SMEs based in Buloba town. The study adopted a survey research design; it included the use of self-administered questionnaires which were structured in nature. The study objective was to determine the effect of Firm growth and the performance of SMEs in Buloba town. The results revealed that firm growth enabled SMEs' performance. The findings proved that a (total mean = 3.498, Std = 1.275) was satisfactory, according to the Likert scale and this showed that Firm growth enabled efficient accessibility of funds (credit) by SMEs thus boosting performance. SMEs in Buloba need to merge and pool resources so that they can have enough capital to enable them to operate better. This will enable them to request credit facilities with one voice. This is so because large firms can easily access funds since they are not seen as risky ventures. Money lenders are also assured of SMEs repaying the loaned money.

Keywords

Firm growth, SME Performance, Uganda, SMEs

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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