Barriers to SMSCE Growth | Mean Score | SD | Ranking |
Late payment for work done | 4.433 | 0.8414 | 1 |
Political interference in the award of contract | 4.402 | 0.7457 | 2 |
Harsh collateral security condition | 4.388 | 0.8544 | 3 |
High interest rates | 4.363 | 0.7545 | 4 |
Lack of entrepreneurial skills | 4.302 | 0.7834 | 5 |
Unreliable cash flow | 4.268 | 0.7874 | 6 |
Lack of credit from suppliers | 4.245 | 0.8979 | 7 |
Lack of financial management skills | 4.229 | 0.9225 | 8 |
Lack of local SME development policy | 4.212 | 0.8092 | 9 |
Lack of transparency in procurement process | 4.201 | 1.0102 | 10 |
Ineffective human resource management | 4.186 | 0.8294 | 11 |
Competition with large firms | 4.155 | 1.0143 | 12 |
Inexperienced pricing | 4.098 | 0.8843 | 13 |
Improper contract documentation | 4.024 | 0.9076 | 14 |
Lack of industry knowledge | 4.011 | 1.1234 | 15 |
Poor brand management | 3.987 | 0.8295 | 16 |
Demand of bribe | 3.945 | 0.8254 | 17 |
High guarantee/bond requirement | 3.933 | 0.8976 | 18 |
High taxes | 3.904 | 0.9904 | 19 |
Non-payment of fluctuation/interests on delayed certificate | 3.889 | 0.8624 | 20 |
Lack of technology adoption | 3.856 | 0.7057 | 21 |
Poor marketing skills | 3.834 | 0.8444 | 22 |
Lack of business advisory support | 3.811 | 0.7568 | 23 |
Lack of technical skills | 3.743 | 0.9654 | 24 |
Lack of contract management skills | 3.678 | 0.8003 | 25 |
Lack of construction project management skills | 3.603 | 0.8599 | 26 |
Poor working relationships | 3.564 | 0.9224 | 27 |
Lack of knowledgeable and experienced workforce | 3.523 | 1.0092 | 28 |
No formal training | 3.512 | 1.0182 | 29 |
Lack of contract documentation skills | 3.487 | 0.9394 | 30 |
Holdup of projects of former régime | 3.421 | 1.0829 | 31 |
Lack of access to information | 3.402 | 0.8714 | 32 |
Lack of mentoring opportunities | 3.334 | 0.8906 | 33 |
Lack of accessing equipment | 3.112 | 1.1211 | 34 |
Complex tendering procedure | 3.104 | 0.8583 | 35 |
Unstable inflation | 3.099 | 0.8213 | 36 |
Lack of innovation | 3.002 | 0.9541 | 37 |