Aug

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Small and medium enterprises (SMEs) make for crucial economic drivers for promoting sustainable economic growth amidst a financial crisis.

SMEs can be a major source of income, they serve as good breeding grounds for entrepreneurs and contribute largely to providing employment opportunities for the unemployed.

The critical role SMEs play in an unstable, frugal economy has never been more pronounced today, with all agencies from governments to financial institutions identifying it as critical growth areas.

To realize the vital role on economic development, the success of SMEs depends on how efficiently limited resources are managed. SMEs should be provided ICT solutions that give them the added boost they need to optimize their processes and serve their clients better.

Specific business requirements of SMEs should include cost-efficient, reliable basic communication, mobility, GPS tracking, inventory system and a good broadband Internet connection. These rank highly on any entrepreneur’s list of requirements to effectively run and keep track of business.

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