This report examines the management of Small and Medium Enterprises (SMEs), specifically focusing on Oak Cash and Carry Limited, a grocery wholesaler in Banbury, UK. The report delves into the nature of entrepreneurship, the SME start-up process, including self-assessment, business planning, legal structure selection, and financing. It explores the sources of competitive advantage, such as innovation and employee motivation, and analyzes the current level of demand and the competitive environment. The report also covers the growth and development of the business to date, the challenges faced, including uncertainty, competition, and technology, and the current growth and development strategy. Furthermore, it touches upon government support measures. The analysis provides insights into the critical factors influencing SME success, offering a comprehensive overview of the business's operations, challenges, and strategies within the UK market.