Abstract
<p class="ber"><span lang="EN-US">This paper examined the determinants of Small and Medium Enterprises (SMEs) growth in the Tamale Metropolis, Ghana using logistic regression. Growth was measured based on three key performance indicators of gross profits, employment and asset levels.Logistic regressions were estimated to identify the determinants of growth for each of the performance indicators. A survey was conducted on 199 women owned enterprises in the Tamale Metropolis of Ghana that had accessed micro credit from 2010 - 2014. The relationship between the performance indicators and a set of explanatory variables grouped into entrepreneur characteristics, business profile, loan and banking profile and enterprise size were considered. </span><span lang="EN-GB">The results</span><span lang="EN-US"> showed that entrepreneur characteristics and business profile significantly predicts the growth in gross profits of the SMEs. Specifically the person(s) put in charge of the day-to-day running of the business enterprise had a significant relationship with the growth in gross profit of the enterprise at the 1% significance level whilst household size of entrepreneur was significant at the 5% level. However, employment and asset growth were not significantly predicted by the explanatory variables at both the 1 and 5 % levels.</span></p>
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
