If you are reading this article chances are that you work in an Small and Medium Enterprise (SME) which account for over 90percent of Kenyan businesses. They typically employ not more than 99 people. Since SMEs provide employment for tens of millions of Kenyans, it then stands to reason that they ought to be given more attention to ensure they are streamlined and organised.
There is no clear cut definition of SME in Kenya considering that there is no standalone law on SMEs. A lot of reliance is placed on secondary sources when it comes to defining SMEs. There is no universally accepted definition of what an SME is. It largely depends on the region. However, SMEs are defined according to number of employees, revenues and assets of the company.
