Chapter 1 : SMEs are Big Businesses Chapter 1 Chapter 1 Definition of SMEs : Definition of SMEs Independently owned and managed business that does not dominate its market Two Types of SMEs : Two Types of SMEs Lifestyle Businesses: Small businesses intended to provide the owner with a comfortable livelihood. Lifestyle businesses are not designed to grow into large enterprises.
2. High-growth Ventures: Small businesses intended to achieve rapid growth and high profits on investment. Ulker : Ulker Ülker was established in 1944 with 3 employees, now has 58 active companies, 6 different divisions and 21 thousands personnels, 18 thousands in country, 3 thousands in out of the country.Turkey’s fourth largest consumer brand and the leader in five product categories. Story of GOOGLE : Story of GOOGLE SAN FRANCISCO, California (AP) -- In five mind-blowing years, Google has blossomed from a nerdy college experiment to a mainstream sensation so ubiquitous that its goofy name is now synonymous with looking things up. Google's co-founders, Larry Page, left, and Sergey Brin rest on bean bags at Google's headquarters. Slide 6: Why Small and Medium Sized Enterprises (SMEs)? Slide 7: What is the importance of SMEs? Importance in the Economy : Importance in the Economy Turkey 99.5% of all manufacturing enterprises
61.1% of employment in manufacturing Job Creation Innovation Importance to Big Businesses The Importance of Small Business in the U.S. : The Importance of Small Business in the U.S. Figure 3–2 Slide 10: Since the beginning of the history, human being is trying to be indepedendent and produce by himself.
SMEs are the places where people can show their skills, abilities, creativity....... Slide 11: SMEs play a key role in the evolution of
Part time job
Thus for the improvement of the welafare of the humanity. Slide 12: SMEs are more customer oriented.
SMEs are the backbone of the market economy.
Expenditure for management is less, so product price will be lower. Slide 13: Distribution of production and industrialisation over the country is mostly done by SMEs.
In the long-run SMEs provides the basis of the input of the big producers.
Small earnings of the families contri-butes to direct pro-duction.
Relation of the employees with the employers are close, increasing the motivation. Slide 14: During the war time or after a natural disaster, SMEs can continue their production. Slide 15: Examples from some countries sh-owing the impor-tance of SMEs. Slide 16: 98% of all the businness are SMEs.
46.5% of the total employee work in SMEs.
48% of the manufacturing industry. TURKEY Slide 18: Turkish Republic of Northern Cyprus 98% of all the businness are SMEs.
80% of the total employee work in SMEs. Slide 19: Italy 99% of all the businness are SMEs.
78% of the total employee work in SMEs. Slide 20: 98% of all the businesses are SMEs.
50% of GNP is produced by SMEs. Germany Slide 21: Every year;
300,000 new SMEs established
Therefore; 50,000 SMEs are successful. Germany Slide 22: Japan Classification of SMEs are done according to the sectors. Slide 23: There are 6,470,000 SMEs.
99.1% of all the businesses.
76.5% of labors.
51.7% of the manufacturing industry.
62.1% of Wholesale sales.
78% of Retail sales. Slide 25: LET’S WATCH A SHORT VIDEO!