Small to Medium Enterprise
SMEs (small and medium size enterprises) play a crucial role in people’s daily lives and the economy.
Managing the risks they face is essential for the PNG’s economic resilience. As SMEs’ closest business advisors, accountants are well-placed to...
Research suggests nearly half of all small- and medium-sized entities (SMEs) fail in their first 5 years.
The inability to monitor performance and an underlying lack of financial skills are often cited as causes for this failure.