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