FEMALE ENTREPRENEURS IN AUSTRALIA: AN INVESTIGATION OF FINANCIAL AND FAMILY ISSUES

1995 ◽  
Vol 03 (04) ◽  
pp. 445-461 ◽  
Author(s):  
JOHN BREEN ◽  
CHERYL CALVERT ◽  
JUDY OLIVER
Keyword(s):  
Family Business ◽  
Female Entrepreneurs ◽  
Services Sector ◽  
Home Based ◽  
Start Up ◽  
Family Issues ◽  
The Family ◽  
Survey Results ◽  
Female Entrepreneur ◽  
Personal Savings

This paper discusses the findings of a survey of female entrepreneurs in Australia and provides a profile of the female entrepreneur and their business activity. The characteristics of the entrepreneur are described, including their motivation for going into business, their attitudes toward training and joining networks. The issues of access to finance and family/business conflict are further investigated in the light of current literature. The results indicate that female entrepreneurs in Australia are well educated and tend to commence their businesses with low start-up capital obtained from personal savings or from family and friends. Their businesses are concentrated in the services sector, with a significant number starting out as home-based businesses. Despite evidence that female entrepreneurs have difficulty in obtaining loan funds, the survey results indicated that a high proportion of female entrepreneurs applying for loans were successful. Further analysis of the survey data indicated that the reason for the loan success had little to do with the strength of the business. This was evidenced by the respondents advising that the main type of information requested at the loan interview was personal financial details, that a high proportion of loans were secured by the family home, and that financial institutions required little in the way of ongoing reporting.

Continuing the Family-Owned Home-Based Business: Evidence from a Panel Study

1993 ◽  
Vol 6 (4) ◽  
pp. 417-426 ◽  
Author(s):  
Mary Winter ◽  
Margaret Fitzgerald
Keyword(s):  
Family Business ◽  
Panel Study ◽  
Business Owner ◽  
Factors Associated ◽  
Home Based ◽  
The Family ◽  
Positive Feelings ◽  
Changing Attitudes

A panel study of households in which someone is engaged in a home-based family business is analyzed to assess factors associated with the probability that the business will be operating three years later and reasons for quitting the business. Factors associated with the continuation of the business include age and education of the business owner, the number of years in business, positive feelings about the work, and expectations about changing attitudes toward the business. Neither income nor attitudes about income from the home-based work were significant predictors of the owner having the same business three years later.

The Early Entrepreneurial Stage in Finnish Family and Nonfamily Firms

2000 ◽  
Vol 13 (1) ◽  
pp. 41-53 ◽  
Author(s):  
Hannu Littunen ◽  
Kimmo Hyrsky
Keyword(s):  
Family Business ◽  
Manufacturing Industry ◽  
Family Firms ◽  
Well Being ◽  
Business Owners ◽  
Strategic Choices ◽  
Business Services ◽  
Start Up ◽  
The Family ◽  
Unrealistic Expectations

This study examined factors influencing the survival and success of 200 Finnish family and nonfamily firms in the metal-based manufacturing industry and business services over the first three years of their operation. The features that this study reviewed include owner-manager personality attributes, entrepreneurial competence, and motives for the start-up. Strategic choices of the firms were also examined. The study found that family firms were better equipped to survive beyond the early entrepreneurial stage than were nonfamily businesses. The entrepreneurial abilities and resources of the family business owners enabled them to operate relatively successfully in the nearby market, often with one unique product. The family firms were more conscious of survival and family well-being than profitability or market position. A higher mortality rate was discovered among the nonfamily firms. Failed firms were often established with unrealistic expectations, and their performance deteriorated rapidly after their early success.

scholarly journals Entrepreneurial Motivation and Challenges: A Study on Women Entrepreneurs in Sylhet City

2015 ◽  
Vol 4 (2) ◽  
pp. 111-122
Author(s):  
Fathema Farjana Hani
Keyword(s):  
Family Business ◽  
Gender Discrimination ◽  
Poverty Alleviation ◽  
Women Entrepreneurs ◽  
Economic Freedom ◽  
Secondary Data ◽  
Women Entrepreneurship ◽  
Start Up ◽  
The Family ◽  
And Training

Women entrepreneurship is not only the way of poverty alleviation but also the key to a nation’s overall advancement. This study attempts to explore several aspects of them. It emphasized on the profile of women entrepreneurs, identifying the motivation behind their entrepreneurial career, and pinpointing the challenges they are facing. The study conducted on 50 women entrepreneurs of Sylhet city. Both primary and secondary data was used. The profile of the women entrepreneurs shows information about their age, educational qualification, marital status, type of family they belongs to. Type and ownership of their business, amount and sources of start-up capital, no. of employees and their future career plan is also included in the profile. The study identified that 31% of the respondents are self-motivated to be entrepreneurs. The reasons to start business consist of- be self-dependent, extra income for the family, to run the family business, for economic freedom, etc.  The study also finds out challenges in starting and continuing business of women entrepreneurs that can obstruct the smooth functioning of it. Some of the challenges are- conservative social attitude, gender discrimination, lack of skills and training facilities, infrastructural problems, etc. The study also reveals that the women entrepreneurs in Sylhet city are getting the support of family members, and they can manage start-up capital. This study has some implication for researchers in the area of entrepreneurship and women entrepreneurship.

Halen Môn: The Story of an ‘Uncomfortable’ Innovation

2011 ◽  
Vol 12 (4) ◽  
pp. 307-312 ◽  
Author(s):  
James Carr ◽  
Nerys Fuller-Love
Keyword(s):  
Small Business ◽  
Family Business ◽  
Innovation Process ◽  
Strategic Leadership ◽  
Strategic Partnerships ◽  
North Wales ◽  
Start Up ◽  
The Family ◽  
The Uk

Halen Môn is a family business in Anglesey, North Wales that began life in a saucepan of seawater on the Aga in the family kitchen. Today Halen Môn supplies Marks and Spencer, Waitrose and Harvey Nichols in the UK and their salt can also be found in 22 countries and some of the world's top restaurants. This case study views the development of this small business from the start-up phase to the present day. The resulting analysis illustrates the importance of three key elements of the innovation process: the need to develop an innovative organization; strategic leadership; and the formation of rich networks and strategic partnerships.

scholarly journals The psychosocial impact of caregiving on the family caregivers of chronically ill AIDS and/or HIV patients in home-based care: A qualitative study in Zimbabwe

2017 ◽  
Vol 18 (1) ◽  
Author(s):  
Claire Van Deventer ◽  
Anne Wright
Keyword(s):  
Qualitative Study ◽  
Family Caregiver ◽  
Chronically Ill ◽  
Psychosocial Impact ◽  
Aids Patients ◽  
Psychosocial Experiences ◽  
Home Based ◽  
Family Issues ◽  
The Family ◽  
Food Transport

Background: The family caregiver has a pivotal role to play in the management of the chronically ill HIV and/or AIDS patients. The wellbeing of caregivers is therefore crucial because impairment of their physical or mental health could impact negatively on the management of their HIV-positive family member. The purpose of this qualitative study was to explore the psychosocial impact of caregiving on the family caregiver of the chronically ill HIV and/or AIDS patients in home-based care.Method: Unstructured interviews were conducted with 11 caregivers recruited at an adult HIV clinic at United Bulawayo Hospitals, Bulawayo, Zimbabwe. Relevant demographic information was collected from each participant. The interviews were then transcribed and analysed.Results: Caregivers’ biggest challenge was meeting care costs such as food, transport and medical costs. Certain conditions relating to the care-recipient’s health and family issues, such as abandonment of the ill patient as well as that of orphans, added to the burden of care. Carers also had to deal with their own health and physical problems. All the above resulted in a spectrum of emotions such as helplessness, sadness, anxiety and anger. Despite this, caregivers also reported on the positive aspects regarding their caregiving role.Conclusion: There were both negative and positive psychosocial experiences by caregivers of HIV and/or AIDS patients. The study highlighted practical areas where support could be provided.

Female Entrepreneurship in Portugal

2019 ◽  
pp. 69-91
Author(s):  
Maria Clara Ribeiro ◽  
Liliana Santos ◽  
Diana Martins
Keyword(s):  
Structured Interview ◽  
Female Entrepreneurs ◽  
Social Differences ◽  
Feminine Gender ◽  
Self Employment ◽  
The Family ◽  
Data Collection Instrument ◽  
Multiple Case ◽  
Female Entrepreneur ◽  
Multiple Case Studies

Entrepreneurship is an increasingly studied international phenomenon, often being understood as a way of creating jobs and boosting economic growth, development, and innovation. This chapter aims to take on the problem related to gender and entrepreneurship in the Portuguese society. The goal is to explain the concept of entrepreneur, behavioral, and social differences between the masculine and the feminine gender as entrepreneurs and identify Portuguese female entrepreneurs. A qualitative, multiple case studies methodology is applied to the sample of eight Portuguese female entrepreneurs, the data collection instrument being the semi-structured interview. Regarding the obtained results, it can be stated that the majority of the interviewees has entrepreneurs in the family, the father being the most mentioned figure as booster of entrepreneur activity. The wish for personal realization and independence are the main factors that motivated self-employment. No entrepreneur felt any discrimination or gender inequality as a female entrepreneur.

scholarly journals A Study on Succession Planning, Prospective Successor Selection, Transfer of Idiosyncratic Firm Knowledge in Family Owned Businesses of Hyderabad

2021 ◽  
Vol 9 (1) ◽  
pp. 8-16
Author(s):  
Manchala Seema ◽  
Syed Sayf Ali
Keyword(s):  
Tacit Knowledge ◽  
Family Business ◽  
Succession Planning ◽  
Business Owners ◽  
Family Businesses ◽  
Indian Economy ◽  
The Family ◽  
Firm Knowledge ◽  
Survey Results ◽  
Insight Into

This study seeks to gain a better understanding of how the succession planning is undertaken in family owned businesses, most preferred qualities in the prospective successor and the transfer of tacit idiosyncratic firm knowledge from one generation to the next generation. The fact that family businesses contribution to the Indian economy is highly significant as well as the fact that most of the family businesses do not survive beyond three generations makes the study important. This study was conducted by distributing a quantitative survey containing numerous close ended questions to the family business owners, potential successors and successors. The survey asked respondents to explain how succession planning takes place in their firm, the most preferred qualities in the prospective successor and the mode of transfer of tacit idiosyncratic firm knowledge from one generation to another. The survey results provided insight into many important factors of succession planning such as the prospective successor being chosen with consensus of the all the family members, the process of succession being well communicated in the business and possessing leadership values is the most preferred quality sought in a successor. Learning by observing is the most preferred mode of transfer of tacit knowledge from one generation to another.

Human Resources in the Family Business

2016 ◽  
Author(s):  
David Ransburg ◽  
Wendy Sage-Hayward ◽  
Amy M. Schuman
Keyword(s):  
Human Resources ◽  
Family Business ◽  
The Family
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