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" "There are a lot of regulations they have to comply with. They are trying to make ends meet and make their businesses grow and so it sometimes becomes even difficult for them to remember all these regulatory regimes they have to comply with.
Rosemond Aboagyewa Boohene is a Ghanaian academic, accountant, university administrator and entrepreneurship scholar who has been appointed as the Pro Vice Chancellor of the University of Cape Coast.
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There is growing confidence among researchers in the ability of small businesses to play a vital role in economic development. This role is manifested through their contribution to innovation, job creation, and income generation. In transitional economies such as Ghana, small businesses comprise about 90 per cent of all registered enterprises and are recognised as a crucial and integral component of economic development policies aimed at sustained poverty reduction.
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