What are the major factors hindering small business’s success?
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...
| Main Author: | |
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| Format: | Article |
| Language: | Arabic |
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Faculty of Commerce, Port Said University
2018-01-01
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| Series: | Maǧallaẗ Al-Buḥūṯ Al-Mālīyyaẗ wa Al-Tiğāriyyaẗ |
| Online Access: | https://jsst.journals.ekb.eg/article_60550_72a5fb9d0d517e59264e5af8d83c799a.pdf |
| _version_ | 1797651112017264640 |
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| author | Walid Aboubakr Abouzeid |
| author_facet | Walid Aboubakr Abouzeid |
| author_sort | Walid Aboubakr Abouzeid |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-03-11T16:11:18Z |
| format | Article |
| id | doaj.art-838209bbeecb4d34bd8d97105d670b29 |
| institution | Directory Open Access Journal |
| issn | 2090-5327 2682-3543 |
| language | Arabic |
| last_indexed | 2024-03-11T16:11:18Z |
| publishDate | 2018-01-01 |
| publisher | Faculty of Commerce, Port Said University |
| record_format | Article |
| series | Maǧallaẗ Al-Buḥūṯ Al-Mālīyyaẗ wa Al-Tiğāriyyaẗ |
| spelling | doaj.art-838209bbeecb4d34bd8d97105d670b292023-10-24T14:42:54ZaraFaculty of Commerce, Port Said UniversityMaǧallaẗ Al-Buḥūṯ Al-Mālīyyaẗ wa Al-Tiğāriyyaẗ2090-53272682-35432018-01-0119العدد الأول778710.21608/jsst.2018.6055060550What are the major factors hindering small business’s success?Walid Aboubakr Abouzeid0WalidAboubakrAbouzeid PhD in ManagementThere 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.https://jsst.journals.ekb.eg/article_60550_72a5fb9d0d517e59264e5af8d83c799a.pdf |
| spellingShingle | Walid Aboubakr Abouzeid What are the major factors hindering small business’s success? Maǧallaẗ Al-Buḥūṯ Al-Mālīyyaẗ wa Al-Tiğāriyyaẗ |
| title | What are the major factors hindering small business’s success? |
| title_full | What are the major factors hindering small business’s success? |
| title_fullStr | What are the major factors hindering small business’s success? |
| title_full_unstemmed | What are the major factors hindering small business’s success? |
| title_short | What are the major factors hindering small business’s success? |
| title_sort | what are the major factors hindering small business s success |
| url | https://jsst.journals.ekb.eg/article_60550_72a5fb9d0d517e59264e5af8d83c799a.pdf |
| work_keys_str_mv | AT walidaboubakrabouzeid whatarethemajorfactorshinderingsmallbusinessssuccess |