| dc.description.abstract | The major objective of this study was to examine the role entrepreneurial skills on the
performance of Small Medium Enterprises in Uganda. The specific objectives are; to find out the
role of entrepreneurial skills on the business growth of Small and Medium Enterprises in Wakiso
Town, to examine the role of entrepreneurship skills on the profitability of small and Medium
Enterprises in Wakiso Town, and to examine the role of entrepreneurship skills on the Return on
Investment of SMEs performance in Wakiso town.
A descriptive research design was used to conduct the study with a sample size of 228
respondents. Various data collection instruments were used in this study and these include;
questionnaires and interview guide.
The findings revealed that there is correlation between entrepreneurial skills on the business
growth of SMEs with a positive and significant relationship (r = 0.681, p <0.01), there is a
correlation between entrepreneurial skills and profitability of SMEs with a positive and
significant relationship (r= 0.783, p<0.01), and there is a strong positive correlation co-efficient
(r) of (r = 0.694) 69.4 % while 30.6% is by other factors.
From the study it can be concluded that entrepreneurial skillsstrongly affectperformance of
SMEs in Uganda. Based on the findings of the study the researcher found in the field where
entrepreneurial skills had a strong and significant relationship with business growth, profitability
and return on investment of SMEs.
The researcher recommends that sincelack of these skills greatly affects the growth of their
businesses in terms of return on investment, net profit and business growth. Therefore, it is
recommended that the business cooperation for entrepreneurs should organize training for its
members in entrepreneurship skills. SMEs should develop and organize constant seminars and
workshops to train and educate employees on mechanisms for mitigation of critical risks which
have affected the performance of firms. The SMEs should learn how to develop budgets and
incorporate them in their businesses to monitor and allocate resources used in different periods of
time so as to effectively improve the performance of SMEs. | en_US |
