Small and Medium Enterprises or SME is a term usually used to stands for all business with the following attributes (ref. Tanzania SME Policy)
Staff size of less than 100 or
Turnover of less than TZS. 800m
The policy further describe SME in a more detailed form
Micro enterprise is businesses with less than 5 employees and operates with a turnover of less than TZS. 5M. The Small Enterprises are business with staffs between 5 to 49 and operating with a turnover between TZS. 5M to 200M. The Medium Enterprises operates with employees between 50 to 99 and has a turn over capital between TZS. 200m to TZS. 800m.
These factors vary country to country due to differing in living standards. It also varies within the country as defined by different institutions like banks have their own definition, government, international organizations etc.
Kama umependa makala hii weka maoni yako ya shukrani hapo chini au washirikishe marafiki zako wa kwenye Facebook, Instagram, Linkedin, Whatsapp, Twitter na kwenye email au mitandao mingine ya kijamii. Wasiliana nasi kama unataka kuweka kwenye blogu au website yako kwa maelekezo zaidi
If you found this article helpful please leave the comment below or share to your friends in Facebook, Instagram, Linkedin, Whatsapp, Twitter and in email or other social media. Contact us if you plan to list in your blog or website for further instructions.
Fomu ya Kiswahili