SMALL INDUSTRIES DEVELOPMENT ORGANIZATION, TANZANIA

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DEFINITION OF SME IN TANZANIA

The SMEs nomenclature is used to mean SMEs. It is sometimes referred to :as micro, small and medium enterprises (MSMEs). - Micro enterprises are those engaging up to 4 people in most cases family members, employing capital-_mounting up to 5.0 million-and having a turnover of Tshs, 12.0 million per annum. The majority of micro enterprises fall under the informal sector. Small enterprises are mostly formalized undertakings engaging less than 50 employees and with capital investment of between Tshs. 5.1 million and Tshs. 200 million and an annual turnover of Tshs. 150.0 million Medium enterprises employ between 5.1 and 100 people using capital investment of between T.shs. 201 million and Tshs.800.0 million with turnover of Tshs.300.0 million per annum.
Definition of SIDO

Small Industries Development Organisation
What is the business plan?

A business plan is a plan that enables a business to look ahead, allocate resources, focus on key points and prepare for problems and opportunities presented by changing business environment.
What things to consider when starting a business?

Your business plan must consist of five main area.
1. Strategic focus.
2. Market plan.
3. Operation plan.
4. Staffing plan.
5. Financial plan

DEFINITION OF SME IN TANZANIA

The SMEs nomenclature is used to mean SMEs. It is sometimes referred to :as micro, small and medium enterprises (MSMEs). - Micro enterprises are those engaging up to 4 people in most cases family members, employing capital-_mounting up to 5.0 million-and having a turnover of Tshs, 12.0 million per annum. The majority of micro enterprises fall under the informal sector. Small enterprises are mostly formalized undertakings engaging less than 50 employees and with capital investment of between Tshs. 5.1 million and Tshs. 200 million and an annual turnover of Tshs. 150.0 million Medium enterprises employ between 5.1 and 100 people using capital investment of between T.shs. 201 million and Tshs.800.0 million with turnover of Tshs.300.0 million per annum.
Definition of SIDO

Small Industries Development Organisation
What is the business plan?

A business plan is a plan that enables a business to look ahead, allocate resources, focus on key points and prepare for problems and opportunities presented by changing business environment.
What things to consider when starting a business?

Your business plan must consist of five main area.
1. Strategic focus.
2. Market plan.
3. Operation plan.
4. Staffing plan.
5. Financial plan