In many, if not most countries, the MSME sector employs 60-90 percent of the national work force. We may say that roughly, three quarters of the world' s working population earn their living through micro, small and medium-sized businesses.
Government policies can be aimed to foster MSME entrepreneurship, income and the welfare of all those who are engaged in earning a living in MSME businesses.
One of our main concerns with government policies and support measures is that a great deal of these do not reach the intended individual MSME's.
JediConsult provides advisory assistance aimed at MSME development to institutional and government clients.
Some of these are:
- business establishment regulations
- business reporting regulations
- business tax an personal income tax regulations
- business start-up support
- business training and consultancy availability
- business information technologies support
- business product development support
- business supply chain services development
- business banking services and banking development
- business loans availability
- business associations for trades and services
- business cooperation in joint service facilities
- business service provider support and development
- business or BDS services creation, improvement and expansion
- business products and services marketing and promotion
- business export promotion
- promoting MSME support measures to the intended businesses
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Other relevant socio-economic sectors:
- primary and secondary education, teacher education
- employment health care insurance
- vocational skills training
- adult-learning and further training
- local economic development initiatives
- creative clusters
- zoning for small industry establishment
This, as a short list of examples for government and institutional interventions areas that enhance the growth of micro, small and medium-sized enterprises, who provide the bulk of a nation's gross domestic product.
Is that enough? No, it is not.
Not mentioned are basic socio-economic factors that many take for granted. If security, law-and-order, basic infrastructure and general governance stability are not provided, MSME businesses cannot flourish, and economies remain flat or distorted. Most people remain poor.
Typically war or quasi war-torn areas remain in such a position. In some instances, this should not preclude the preparation for better times to come. Especially since, as (almost) everyone knows, it takes longer to rebuild than to destroy.