The relevance of the small business sector is often overlooked. This sector plays a vital role in the socio economic progress of any country. The sector allows for the use and development of entrepreneurial skills which leads to gainful employment. In many developing countries like Saint Lucia with high unemployment and limited resources, the development of this sector is critical in addressing socio economic issues.
The Government of Saint Lucia established a Small Enterprise Development Unit (SEDU) in September 1994. The public...
