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SMMEs, defined by the National Small Business Act, encompass micro, very small, small, and medium enterprises, characterized by specific thresholds for employee numbers and annual turnover. The document outlines the four sizes of SMMEs in South Africa, detailing their features and typical examples, as well as various options for starting or acquiring a business. Additionally, it highlights challenges faced by SMMEs, such as access to finance and managerial skills, and discusses the importance of feasibility

Author

nyeletidli56

Language

EN