FACTORS CONSTRAINING SMES GROWTH: CASE OF SAUDI WOMEN ENTREPRENEURS

Abstract

Small and medium-sized enterprises are considered to be the most important element in achieving economic and social development in all countries of the world, as they occupy the highest percentage of all types of economic projects. The aim of this study is to investigate the importance of small and medium enterprises, and factors constraining SMEs growth for Saudi women entrepreneurs that hinders its growth and development and the role of financial institutions, government support, market needs and the difficulties it faces the growth and the women in the SME sector. This study adopted the qualitative method where semi-structure interviews were conducted with 4 Saudi women entrepreneurs regarding their business experiences, their challenges and the factors constraining their growth. The finding of this study has outlines the factors constraining the SMEs growth in the aspects of women entrepreneurs’ personality, understand the market /customers’ needs, marketing strategy and also support from government.