Reference

23 Ways for MSMEs to survive the economic downturn




Prepared by:Dacia Samuels, B.Sc., M.Sc.
For:Target Growth Competitiveness Committee



Table of Contents


1.0 Introduction2

2.0 championship work2

3.0 Technology5

4.0 Sales and Marketing8

5.0 Financial Services10

6.0 Human Resource Management12

Appendix14


1.0 Introduction


The global ecological niche has the potential to destabilise the small avocation sector worldwide. In many countries, these businesses are the main source of employment and both effort should therefore be made to mitigate the noxious effects of the harsh economic climate on little Small and Medium Enterprises (MSMEs). Here are some utilizable tips that promote the growth of MSMEs during this time.


2.0 furrow Services


1. Utilise all accessible resources for MSMEs available in government and non-government sector. Businesses may access resources for business planning, proposal writing, and contacts for other service providers. Regularly visit websites such as:


Small Business Association of Jamaica (SBAJ): www.sbaj.org.jm. The SBAJ has an electronic program library and an online market place. It provides a list of incentives as well as publications of reports on issues that affect small businesses.






Jamaica Business Development stack (JBDC): www.jbdc.net. The JBDC offers information on starting a business and advice on obtaining financing, preparing business pans, and marketing. There is a free Interactive Business Planner and other electronic business tools.


Jamaica Trade and set up (JTI): www.jamaicatradeandinvest.org. JTI provides business services such as linkages between buyers and sellers; affect of incentive applications; market intelligence and trade promotion.




Rural bucolic Development Authority (RADA): www.rada.gov.jm. RADA provides extension services for farmers and also assists with product and...If you want to get a full essay, order it on our website: Ordercustompaper.com



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