What is economic contribution of small business in the Philippines?

Economic contributions of small businesses in Kenya can be viewed in all parts of the country on how the businesses have change the lives of communities in Kenya.

1.Small businesses in Kenya employees between 1 to 100 people thus its a source of employment.

2. The second contribution is since being a source of employment; small businesses contributes to the wealth of nation by taxes levied on these employees.

3.Over dependence on government handouts is reduced as individuals are able to meet basic needs.

4.Use of local raw materials which could have gone to waste is ultilized by the small businesses for example the recycling of waste papers.

5.small businesses unlike large firms drives innovation where young enterprenuers are coming up with new innovations example the recent innovation of tamper prove of the speed governors.