Small and medium-sized businesses are considered an important mechanism for driving the country's economy (Alhakimi, and Mahmoud, 2020) as they play an important role in creating jobs in the system (Okundaye et al., 2019, Olaore, et al., 2020), and most importantly, they are also a link to the industry's supply chain (Olaore et al., 2021). According to the Office of Small and Medium Enterprises Promotion (2021), the value of gross domestic product has continuously increased, with the value of 5.0 million baht in 2018, 5.2 million baht in 2019, and up to 5.5 million baht in 2020, respectively.