The Growth Of Small And Medium Enterprises In Malaysia A Study On Private Limited Companies In Perak Malaysia
Small and medium enterprises (SMEs) are playing significant contribution in the economic development, social uplifting and political stability of every country. SMEs is diverse in nature. SMEs can be established for any kind of business activities in urban or rural area.SMEs' is the backbone of every economy; they are small in size but large in numbers. In Malaysia, SMEs' contribute 32% of GDP and employ 59% of the workforce. This paper studies on the growth of private limited companies in Perak, Malaysia in terms of sales, total assets, profit, cashflow and number of employees. Keyword: SME, Private Limited Companies, Growth, Sales, Total Assets and Profit