The Performance of Small Businesses in St. Petersburg: Data From a Questionnaire

2003 ◽  
Vol 30 (3) ◽  
pp. 301-322
Author(s):  
Alessandro Kihlgren
Keyword(s):  
Small Business ◽  
Small Firm ◽  
Small Businesses ◽  
Field Work ◽  
Domestic Market ◽  
Reliable Data ◽  
New Firms ◽  
Accurate Picture ◽  
The City

AbstractThe dearth of reliable data makes field work essential to gain a more accurate picture on small business in today's Russia.1 Interviewing representatives of organizations instead of individual entrepreneurs provides a more balanced picture, as entrepreneurs may be reluctant to divulge information about their firm. Although the firms these organizations work with are not fully representative of the small business population in St. Petersburg the results do not differ substantially from surveys previously conducted in the city. Therefore, these data can provide some useful insights on small business in St. Petersburg. Data collected suggest that new firms are mostly profitable and expanding production. The fact that half of the firms have as their main competitor another small firm testifies to the greater adaptability and flexibility of new firms compared with larger ones. The sales of these firms tend, however, to be concentrated in the domestic market with a negligible export component similarly to what was observed in surveys conducted in other parts of Russia. Keywords: small business, Russia, entrepreneurship, St. Petersburg

scholarly journals Establish Relation in Collaborative Governance in Micro and Small Business Development in Palopo City, South Sulawesi Province, Indonesia

2021 ◽  
Author(s):  
M Chairul Basrun Umanailo
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Stakeholder Involvement ◽  
Secondary Data ◽  
Collaborative Governance ◽  
Business Development ◽  
Small Business Development ◽  
South Sulawesi ◽  
Information And Communication ◽  
The City

Micro and small businesses are businesses that built with a variety of vulnerabilities both in terms of capital capacity and managerial capacity of marketing and production. Micro and small business development will only be able to be carried out if there is a comprehensive synergy with multi-stakeholders that woven and accommodated and integrated through the advancement of information and communication technology. Analysis of the development of micro and small businesses uses a qualitative approach by utilizing the application of Nvivo 12 plus in conducting the contents analysis of the number of literature collaborated with secondary data related to the conditions of micro and small businesses in the City of Palopo. The results of the study refer to recommendations to strengthen the collaboration patterns of various stakeholders and broaden the scope of stakeholder involvement. Expansion of stakeholder involvement is maintained and accommodated through the integration of digitalized data so that more comprehensive, updated, and continuous information and communication can use as material for decision making in the development of micro and small businesses.

scholarly journals Small Business Capitalization Patterns

2011 ◽  
Vol 5 (2) ◽  
pp. 15 ◽  
Author(s):  
Howard E. Van Auken ◽  
B. Michael Doran
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Debt Financing ◽  
New Firms ◽  
Survey Responses

This study investigates the initial capitalization and financing patterns of recently established (new) and established (old) small businesses in Iowa. Analysis of survey responses indicates that significant differences exist between these two groups of firms. Specifically, new firms are found to have relied more heavily on debt financing than old firms. This suggests that new firms with high debt loads are likely not to survive and become old firms.

Challenges in Creating and Sustaining an Entrepreneurial Business in Milwaukee

2019 ◽  
pp. 144-166
Author(s):  
Garfield A. Plunkett ◽  
Libi Shen
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Lived Experiences ◽  
Job Creation ◽  
Failure Rates ◽  
Economic Activities ◽  
Specific Support ◽  
Barriers And Challenges ◽  
The City ◽  
The U.S

Small business entrepreneurs have made important contributions to economic activities in the U.S. In recent years, there were decline and high entrepreneurial failure rates for entrepreneurs throughout the country. Specifically, the continuous challenges faced by entrepreneurs in the city of Milwaukee, Wisconsin have negatively affected job creation and the entrepreneurial process. What are the challenges faced by Milwaukee's entrepreneurs in creating and sustaining their businesses? How have the entrepreneurial challenges affected Milwaukee entrepreneurs' experiences in creating and sustaining their businesses? What specific support might be effective in overcoming the challenges? The purpose of this study was to explore the lived experiences of 20 entrepreneurs, specifically the challenges they encountered while sustaining an entrepreneurial enterprise in the city of Milwaukee. This chapter identifies the barriers and challenges that entrepreneurs and entrepreneurial small businesses must overcome. Recommendations for government leaders, entrepreneurs, and future researchers are provided.

Pendidikan, Pelatihan, Pengalaman, dan Penggunaan Informasi Akuntansi dalam Pembuatan Laporan Keuangan pada UKM di Kota Bengkulu

2016 ◽  
Vol 6 (2) ◽  
pp. 173-184
Author(s):  
Isma Coryanata
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Random Sampling ◽  
Sampling Method ◽  
Accounting Information ◽  
Financial Statements ◽  
Test Results ◽  
Training Experience ◽  
The City ◽  
Operating Result

In conducting the entire business activity, small businesses can not be separated from the operating result(profit) enterprises in the previous period. To determine the end of each period's operating results can be seen from thefinancial statements prepared by the small businessman. By knowing the operating results (profits) is, theseentrepreneurs can perform management and better funding. But the reality on the ground is still a lot of small businessesthat do not make financial statements. The purpose of this study is to empirically examine the influence of individualcapacity and use of accounting information to the preparation of financial statements of small business in the city ofBengkulu. The sampling method in this research using random sampling of 100 small business in the city of Bengkulu.Hypothesis testing using multiple regression analysis. The test results indicate that there are influence the capacity ofindividuals and the use of accounting information to financial statements for small business in the city of Bengkulu.Keywords: education, training, experience, the use of accounting information, financial statements, small business

UNDERSTANDING SMALL BUSINESS STRATEGY: A GROUNDED THEORY STUDY ON SMALL FIRMS IN THE E.U. STATE OF MALTA

2012 ◽  
Vol 20 (03) ◽  
pp. 287-332 ◽  
Author(s):  
ALEXANDER RIZZO ◽  
HEATHER FULFORD
Keyword(s):  
Grounded Theory ◽  
Small Business ◽  
Small Firm ◽  
Small Businesses ◽  
Business Strategy ◽  
Small Firms ◽  
Grounded Theory Research ◽  
Competitive Behaviour ◽  
And Performance ◽  
Theory Research

The common argument for the small business is that there simply is no strategy; that small businesses react heuristically to events, guided by the whims and passions of the owner-manager. Strategy, however, can be looked at from a behavioural perspective, as opposed to the more normative strategic planning schools that small firms rarely abide by. This concept of strategy as 'behaviour' encompasses the actions of the owner-manager, the context of the small firm, and the consequences of the actions taken. It looks at strategy as part deliberate and part emergent, allowing for the inclusion of both external influences and internal decision making. Grounded theory research on small firms in Malta has in fact shown strategy to be a dynamic phenomenon, one that can be viewed as a set of defined pathways between identifiable life cycle states. The paper shall outline the research findings that have identified five distinct patterns of small firm strategic behaviour, each with its own unique trajectory and performance implications. Understanding which strategic pathway a small firm belongs to allows for a comprehensive insight into the firm's competitive behaviour, and a prediction of the consequences of that behaviour.

scholarly journals Key Factors of Small Business Success: Literature Review

2015 ◽  
Vol 6 (4) ◽  
pp. 30-36
Author(s):  
Małgorzata Okręglicka
Keyword(s):  
Small Business ◽  
Literature Review ◽  
Continuous Improvement ◽  
Small Firm ◽  
Small Businesses ◽  
Business Success ◽  
Key Factors ◽  
Firm Success ◽  
The World ◽  
National Economies

The success of small businesses sector is crucial for national economies of all countries around the world. This is why the constant analysis of determinants responsible for small firm success is necessary. It allows for a quickreaction to changingbusiness conditionsandthe continuous improvement ofmanagement methods. Literature reviewindicated that theanalysis of key success factorsof smallbusinesses is a commonlyundertakensubject, although it is difficult tofind acomprehensivestudy, completely classifying the determinants ofsuccessaccording to certain criteria.

scholarly journals Financial Literacy of the Banking Sector in Micro and Small Business in Semarang

2020 ◽  
Author(s):  
Karsinah . ◽  
Nurjannah Rahayu Kistanti ◽  
Phany Ineke Putri
Keyword(s):  
Small Business ◽  
Financial Literacy ◽  
Small Businesses ◽  
Banking Sector ◽  
Secondary Data ◽  
Personal Finance ◽  
Primary Data ◽  
General Knowledge ◽  
Literacy Level ◽  
The City

The purposes of this research are to analyze the characteristics and financial literacy of MSMEs in Semarang. The data used are primary data and secondary data. The method used in this study is descriptive quantitative. The sample in this study were small micro-businesses and small businesses in the city of Semarang. The level of financial literacy in Semarang by giving questions as many as 28 questions taken and modified from Chen and Volpe. The results showed that 79% of MSMEs literacy in Semarang was in the medium category, 18% low and 3% high. If viewed further on the financial literacy of MSMEs, it is divided into 4 aspects, they are personal finance knowledge, savings and debts, Investments and insurance aspects. The average MSMEs for general knowledge of personal finance in the medium category was 76.60%, the savings and debts dimension medium category 81.91%, the investment aspect was the medium category 45.74% and the low category 59.57% of MSMEs financial literacy for insurance. This shows that the financial literacy level of SMEs in Semarang still needs to be improved in order to be able to compete and improve business. Keywords: literacy, financial, banking, micro and small business

The Demise of the Chengdu Teahouse Guild and the Fall of Small Business

2018 ◽  
pp. 33-59
Author(s):  
Di Wang
Keyword(s):  
Small Business ◽  
Public Sphere ◽  
Small Businesses ◽  
Public Spaces ◽  
The State ◽  
Collective Ownership ◽  
State Administration ◽  
New Type ◽  
The City ◽  
Privately Owned

This chapter explores the fate of local trade organizations in the early 1950s. By examining the transformation and demise of the existing, older Teahouse Guild in Chengdu, we see how the state could manipulate such organizations to achieve control of small businesses. Once the socialist agenda was put into motion and the state used the organizations to gain total control over all aspects of business, it greatly diminished their functioning as open public spaces, nearly destroying the latter aspect. The fate of the Teahouse Guild after 1949 was a reflection of the attempted elimination of an urbane and culture-filled “society” overall and the attendant public sphere. In the city, all organizations at all levels, from streets to danwei, became parts of the state administration and under the control of a new type of officialdom. During the early and middle 1950s, the CCP launched a collectivization movement through which most privately owned teahouses in Chengdu were forcibly brought under collective ownership.

scholarly journals CafBijoux: A Small Business Marketing Challenge

2006 ◽  
Vol 2 (3) ◽  
pp. 39-48
Author(s):  
Chong Joanna S.K. Lee
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Cooperative Effort ◽  
Small Business Development ◽  
Consulting Services ◽  
Course Of Action ◽  
University Professor ◽  
Small Business Development Center ◽  
The University ◽  
The City

It was five minutes to ten oclock on Wednesday morning, April 7, 2004, and Jennifer Coleman was anxiously driving back and forth on B Street in Hayward, looking for a restaurant called CafBijoux. Jennifer had a ten oclock appointment with Julie Sanders and Mary Carter, the managers and co-owners of CafBijoux but there was no visible sign of the restaurant. After circling around several more times, Jennifer finally spotted a small sign in a window that said CafBijoux.Jennifer Coleman was a university professor of marketing and a marketing consultant in the city of Hayward, California. The Small Business Development Center (SBDC) of the university invited Jennifer to help CafBijouxs management as part of its cooperative effort with the city to provide assistance to small businesses in need of and interested in consulting services in the universitys service area. The purpose of the Jennifers meeting that morning was to go over the caf current business situation and to establish a mutual understanding about Jennifers deliverables.At 10:05 am, Jennifer walked into CafBijoux and introduced herself to Julie and Mary. Jennifer apologized for being late and indicated that she had some difficulty in finding the restaurant. Julie said, Yes, I know that we really need a store sign but we did not have enough money to get one. It would cost at least $2000. We had some customers complaining about that but we just couldnt afford it. Our business has been terrible and we were hoping that you would be able to tell us how we can improve. Jennifer replied, Thats what I am here for. But first, I need to learn as much about the caf business from you as I can. Jennifer explained that the primary goals of the meeting were for her to learn about the caf current situation and to explore the next course of action. Both Julie and Mary agreed upon the plan.

scholarly journals Study on the Small Business Success in Construction Field in the City of Palu: Motivation and Commitment

2016 ◽  
Vol 7 (2) ◽  
pp. 9-18
Author(s):  
Lina Mahardiana
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Small Business ◽  
Multiple Linear Regression ◽  
Significant Influence ◽  
Small Businesses ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Business Success ◽  
The City

This study aims to assess the effect of small entrepreneurs motivation and commitment in the construction field and their success. This study uses multiple linear regression analysis and take a sample of 114 small businessmen and 2 operational employees from each of these businessmen who are directly involved in completing the project. The results showed that the motivation of entrepreneurs togo into business in the construction field has a significant influenceon the success of a business carried on, but the commitment of entrepreneurs in completing the project, has a significant influence. This suggests that the success of small businesses that exist in the field of construction in the Palu City, because of the business hereditary.

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