Role of Micro Finance in Developing SME - Project

Added on - 04 Jun 2020

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To ascertain the role of micro finance in developingsmall medium enterprise (SME) businesses: A study onUKTable Of Content1. Project OutlineBackgroundThe financial requirement in every entity is the prime need which determines the wholeoperational overview, capabilities and responsibilities of the internal stakeholders to meet organisationaltargets. The influence of small scale entities in terms of balancing the GDP ratio of the country. There arevarious sources which will be helpful for the entity in terms of gathering the funds such as commercialbanks, local financial institutions and governmental agencies which grant funds for the operations. Inconsideration with the level of capital utilised by the firm, they will have remedies and exemptions intaxation (Warren, 2017). Therefore, mostly SMEs are free from paying the corporate tax as per theirfinancial health and the revenue gathered by them in such period.Aim and ObjectivesAim:“To assess the role of micro finance in developing the SME in UK”Objectives:The objectives of this research are:To ascertain the requirement of micro finance in the SME business.To identify the sources of micro finance.To determine the current government polices for developing the SMEs in UK.Research methodologyThe research will be based on qualitative method as it enables researchers to make observationover the collected informations.The primary and secondary data will be collected on the basis of preparing questionnaires whichcontains question to be asked to the owners of SMEs in UK as to analyse their financial obstacles.
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