The vast majority of these enterprises remain very small and most struggle to survive let alone expand. 2  A lack of essential business skills on the part of entrepreneurs is one of the impediments to the growth of micro and small scale businesses.
A critical requirement for the success of a micro or small enterprise is that it should be able to generate positive cash flows at all times, but this is often poorly understood by entrepreneurs. The paucity of business skills extends to the proper use of finance.