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The skill of networking may be improved by making use of information technology tools such the internet, social media or other information technology systems to increase access to the global market. Entrepreneurs should join professional networks such as the Chamber of Commerce and Industry and should also consider joining social network clubs such as the Rotary Club or the Lions Club. The business environment is characterised by competition, and entrepreneurs should therefore consider being more active in attending workshops and forums related to their field of interest.
In order to improve time management skills, entrepreneurs must find the best alternatives that will improve the current process in order to increase customer satisfaction by focusing on activities that generate a higher profit within a shorter period of time. In order to improve goal setting and commitment, it is important for employers to explain their aspirations and goals clearly to the employees and to find new ways of improving communication so as to increase efficiency. Entrepreneurs should also find innovative ways to get employees together in order to close the gap.
SUGGESTIONS FOR FUTURE RESEARCH
The research only focused on personal entrepreneurial skills, management skills and competencies such as accounting, marketing and finance were not research and are also very important for an entrepreneur.
THE IMPORTANCE LEVEL OF SPECIFIC SKILLS AS PERCEIVED BY SMALL AND MEDIUM BUSINESS OWNERS 222