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 |