Assessment of The Challenges Facing SMEs in Sardauna Local Government Area of Taraba State

Abstract

The study assessed challenges facing SMEs in Sardauna Local government area of Taraba State, Nigeria. Descriptive statistics (Pie chart) was used to analyzed 400 samples size. The study revealed that lack of capital (17%), marketing problems (22%), lack of resources (18%), lack of skilled man power (11%), unavailability of modern and affordable technology (8%) and lack of basic infrastructure (24%) were the challenges facing SMEs in the study area. The study recommended that there should be policies to encourage people in venturing in to SMEs.