Problems of immigrant small business owners in Saudi Arabia
Introduction:
The immigrant small business owners play a key role in the economic growth and development of any country. In the kingdom of Saudi Arabia, many people migrate from their home countries to there. These immigrants face different obstacles in the Saudi Arabia. Sarah Jessup, (2009) describe the negligence of the Saudi governments in caring for foreign nationals, several labor sending countries like Indonesia and the Philippines, has implement new actions to try and struggle the abuses that their citizens face. In the country mostly private recruitment companies have shared a makeover through government that make sure more establishment and protection for nationals living …show more content…
Immigrants have limited experience in business. Most of them may have an idea and work experience in the business in which they wish to start, but they have never established or achieve a business goal. Most of our clients have major challenges in cash flow and poor credit history, their business cash flow hardly suitable the bank’s cover condition and mostly for immigrant’s clients, they have managed a cash-only basis and require starting a credit history. The immigrant’s small business owners need to improve their business skills and experience in relevant business. There should suitable policies of banks for immigrant’s clients, so they can contribute in local economic …show more content…
Sometimes, the small business owners face the bureaucracy problem in Saudi Arabia. Small business owners just interesting on buying and selling of goods and standard services. As a result, they get limited growth with fewer margins. The small business owner’s field endures from a lack of marketing, technical and management information. Their contribution is very low in the economic growth. This research depends on both primary data and secondary data. The SMEs are rapidly disappearing from the marketplace and also their capability to compete and develop is limited. In this research the author discover suitable strategies for SMEs in Saudi Arabia to permit them to stay in
Introduction:
The immigrant small business owners play a key role in the economic growth and development of any country. In the kingdom of Saudi Arabia, many people migrate from their home countries to there. These immigrants face different obstacles in the Saudi Arabia. Sarah Jessup, (2009) describe the negligence of the Saudi governments in caring for foreign nationals, several labor sending countries like Indonesia and the Philippines, has implement new actions to try and struggle the abuses that their citizens face. In the country mostly private recruitment companies have shared a makeover through government that make sure more establishment and protection for nationals living …show more content…
Immigrants have limited experience in business. Most of them may have an idea and work experience in the business in which they wish to start, but they have never established or achieve a business goal. Most of our clients have major challenges in cash flow and poor credit history, their business cash flow hardly suitable the bank’s cover condition and mostly for immigrant’s clients, they have managed a cash-only basis and require starting a credit history. The immigrant’s small business owners need to improve their business skills and experience in relevant business. There should suitable policies of banks for immigrant’s clients, so they can contribute in local economic …show more content…
Sometimes, the small business owners face the bureaucracy problem in Saudi Arabia. Small business owners just interesting on buying and selling of goods and standard services. As a result, they get limited growth with fewer margins. The small business owner’s field endures from a lack of marketing, technical and management information. Their contribution is very low in the economic growth. This research depends on both primary data and secondary data. The SMEs are rapidly disappearing from the marketplace and also their capability to compete and develop is limited. In this research the author discover suitable strategies for SMEs in Saudi Arabia to permit them to stay in