This report provides a comprehensive analysis of Rowlinson Knitwear, a Small and Medium Enterprise (SME). It begins with an introduction defining SMEs and their significance, followed by a detailed examination of Rowlinson Knitwear's business nature, entrepreneurial aspects, and start-up process. The report identifies the company's competitive advantages, analyzes its competitive environment, and assesses its development and growth to date. It also explores the challenges faced by the business, including financial constraints and market competition, and examines the SME's development and growth strategy, including the application of the Ansoff Matrix. Furthermore, the report investigates government support measures available to assist SMEs in overcoming challenges. The report concludes with recommendations for Rowlinson Knitwear's future growth, emphasizing the importance of a growth mindset, employee commitment, a strong governance framework, and customer-centric strategies. The report stresses the need for continuous improvement and adaptation to thrive in a competitive market.