Financial education in small ethnic minority businesses in the UK.

The article discusses a research paper, which focuses on financial education in small ethnic minority businesses in Great Britain, based on portal survey of owner/managers in 64 ethnic minority small-medium sized enterprises (SMEs) and a control sample of 23 non-ethnic SMEs of United Kingdom. It evaluates the financial education needs of ethnic minority SMEs in the West Midlands region of the United Kingdom. It makes an empirically rigorous contribution to a relatively under researched aspect of SME research. Results of research are discussed which show that owner/managers of micro-businesses have lower educational achievements as well as higher financial education needs than their counterparts in small and medium-sized firms.