Small Research On Sulaimany’s Small Businesses
In Sulaimani, the main obstacle for small businesses are economic instability, and among the economic factors, lack of cash is the main obstacles for small businesses that ban them from expanding and adopting new technologies.
In addition to Government rules and regulations are obstacles since many rules and regulations either they are not enforced by the enforcement agencies or they are not in the advantage of the small businesses, and those rules cannot block unfair competition.
Small Research On Sulaimany’s Small Businesses
In Sulaimani, the main obstacle for small businesses are economic instability, and among the economic factors, lack of cash is the main obstacles for small businesses that ban them from expanding and adopting new technologies. Lack of customer especially after the economic crisis of 2014, is another main obstacle for small businesses. In addition to Government rules and regulations are obstacles since many rules and regulations either they are not enforced by the enforcement agencies or they are not in the advantage of the small businesses, and those rules cannot block unfair competition. Good rules and regulations support the improvement of small business and create fair competition for both types of businesses. The data showed that small businesses last less compare to big business, and very few females can run a small business in Sulaimani. The majority of the small businesses have less than 700-dollar income monthly and less than 15 employees. And also, Majority of the small businesses only stay for less than five years.
1-Proper banking system to give loan.
2-Special programs to develop small Businesses
3-Active enforcement agencies
4-Issuing new laws that block monopoly and unfair competition.
Even though 61% of participants do not see big businesses as a threat, but big business is a threat to many small businesses as they are more compatible to stay and attract small businesses' customer due to their cheaper price and better service.