Response

Frequency

Percent

SMEs ownership

Family owned business

30

14.6

Partnership

25

12.2

Private limited company

55

26.8

Sole proprietorship

95

46.3

Sector of business

Agriculture/manufacturing

55

26.8

Cosmetic/photography

15

7.3

Catering/restaurant

20

9.8

Engineering/project consulting

25

12.2

Trade and commerce

65

31.7

General service

20

9.8

Health and wellness

5

2.4

Years of existence

5 years or less

135

70.8

Between 1 and 5 years

85

41.5

Between 6 and 10 years

15

7.3

Between 11 and 15years

20

9.8

15 years and above

35

17.1

Employees

11 to 15

20

9.8

5 or less

120

58.5

6 to 10

40

19.5

More than 20

25

12.2

Monthly turnover

GH¢20,000.00 to GH¢30,000.00

50

24.4

GH¢30,000.00 to GH¢40,000.00

10

4.9

Less than GH¢20,000.00

115

56.1

More than GH¢50,000.00

30

14.6