Small and Medium Sized Scale Enterprise (SMEs) Finance Sources and Difficulties

INTRODUCTION Small and medium-sized enterprises (SMEs) play an important role in global economic activities, particularly in developing countries, which are a sign of rapid development of economic development. However, more than half of SMEs face serious challenges for survival. Among all the threats that may exist in business activities, insufficient access to capital is the most important factor in determining the fate of a company (CCH, Australia, 2013). To make matters worse, small and medium enterprises are under great pressure from the financial and economic crisis, leading to a slump in the consumer market and a reduction in financing from financial institutions.

99% of companies in the US are small and medium enterprises. Therefore SMEs are the cornerstone of our economy, employing 50% of private sector employees and accounting for 65% of new private sector employment. Small and medium-sized enterprises based in the United States are developing innovative solutions to deal with some of our biggest global challenges at home and abroad. For example, Andela, a small and medium-sized company in Lagos, Nigeria, trained software engineers to provide software development and information technology services to global companies. Andra pays developers more than market wages and offers accommodation, meals and medical care. Andella was founded in May 2014 and soon succeeded. There are more than 250 developers in Nagyria's Lagos and Kenya's Nairobi, and there are more than 100 developers and company partners in 2016 alone.

It is also called SME or SME, SME and SME, SME. A small business refers to a company that has few employees, or a company that has sales below a certain limit. A manager is an individual who is responsible for a specific set of tasks or a subset of companies. The manager usually has someone to report to him or her. Herzberg proposed his theory that work satisfaction has two sides, motivation and 'health'. Mr. Hertzberg thinks that health problems can not draw employee motivation, but if dealt with properly, you can minimize dissatisfaction. In other words, they feel frustrated only when they are absent or are not properly treated. Health topics include corporate policy, supervision, salary, interpersonal relationships, and working conditions. They are related to employee's environment. Meanwhile, motivators create satisfaction by satisfying individual needs for motivation and personal growth.

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