What are the major factors hindering small business’s success ?
Author
Source
[Journal of Financial and Commercial Research]
Issue
Vol. 19, Issue 1 (31 Mar. 2018), pp.77-87, 11 p.
Publisher
Port Said University Faculty of Commerce
Publication Date
2018-03-31
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Economics & Business Administration
Abstract EN
There is no more puzzling or better studied issue in the field of small business than what causes them to fail.
Given the critical role of small businesses in the economy, the economic consequences of failure can be significant.
Yet there is no definitive answer to the question.
Success in business is never automatic.
It isn't strictly based on luck.
It depends primarily on the owner's foresight and organization.
Even then, of course, there are no guarantees.
Starting a small business is always risky, and the chance of success is inadequate.
According to the U.S.
Small Business Administration, over 50% of small businesses fail in the first year and 95% fail within the first five years.
American Psychological Association (APA)
Abu Zayd, Walid Abu Bakr. 2018. What are the major factors hindering small business’s success ?. [Journal of Financial and Commercial Research]،Vol. 19, no. 1, pp.77-87.
https://search.emarefa.net/detail/BIM-931376
Modern Language Association (MLA)
Abu Zayd, Walid Abu Bakr. What are the major factors hindering small business’s success ?. [Journal of Financial and Commercial Research] Vol. 19, no. 1 (2018), pp.77-87.
https://search.emarefa.net/detail/BIM-931376
American Medical Association (AMA)
Abu Zayd, Walid Abu Bakr. What are the major factors hindering small business’s success ?. [Journal of Financial and Commercial Research]. 2018. Vol. 19, no. 1, pp.77-87.
https://search.emarefa.net/detail/BIM-931376
Data Type
Journal Articles
Language
English
Record ID
BIM-931376