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5.0 Micro Enterprises - What are they?: Entrepreneurship and Small Business Enterprise Growth in Uganda

Written by: Makerere University Business School

Article Overview: Discussion of small enterprises has a definite reference to micro enterprises. What are they? Are they different from small enterprises?

5.0 Micro Enterprises - What are they?: Entrepreneurship and Small Business Enterprise Growth in Uganda

by
Waswa Balunywa
Director
Makerere University Business School
Kampala, Uganda

Micro Enterprises - What are they ?

Discussion of small enterprises has a definite reference to micro enterprises. What are they? Are they different from small enterprises?

There is a lot of reference to micro enterprises especially in the literature. In the Ugandan conditions, there are thousands of sole proprietorship with an annual turnover of less than Shs. 5 million (US5,000) which are also not of a continuous nature because the attrition rate for these businesses is high. These enterprises may be referred to as micro in that they are smaller and informal and depend very highly on the survival of the owner. In Kenya, enterprises which employ less than 10 people are categorised as micro enterprises (Kibera and Kibera, 1997). And in the European Union, the definition used is that of enterprises employing up to 9 people (The Netherlands, 1997). Reference to small enterprises in this paper encompasses these units.

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Article Tags: definite reference, micro enterprises, small enterprises, sole proprietorship, Waswa Balunywa Director Makerere University Business School Kampala Uganda Micro Enterprises



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