The Small and Medium Scale Enterprises (SMEs), operators, have been advised to develop internal capacity to expand their business horizon ahead of the reform in the power sector.

The Chief Executive Officer of Quest Advisory Services Ltd., Mr Bayo Rotimi, made this known to newsmen in Lagos, recently.

“SMEs owners can have business ideas through the internet and research materials,’’ he said.

He said that the reform in the power sector would open windows of business opportunities and those with creative ideas would benefit optimally from the transformation.

Rotimi said that the power sector would contribute over 20 per cent of what the telecommunication was currently contributing to the nation’s economy.

“We should expect a rapid transformation in the economy and those with good business ideas and plan will grow faster,” he said.

Rotimi said that cottage businesses were the drivers of any viable economy in the world, adding that power was critical to its sustenance.

“No doubt that the SMEs operators are the major drivers of any economy in the world, ultimately with the reform of power sector, SMEs operators should improve on their creativity.

“This can be achieved through in-depth researches, the use of internet applications and seeking information from experts.

“There are avalanche of business ideas over the internet that are yet to be tapped by entrepreneurs, good research will enable them to discover these opportunities,” he said.

He identified innovations, market intelligence, capital and technological skill as key to SMEs success.

Rotimi also urged the operators to develop good business plan and to have good understanding of their business environment.