The study aimed to identify the finance aspects that are associated with starting and running small business enterprise in Kurdistan, in comparison with Swedish small business enterprises.
In caring out the study, a qualitative research method was used. The most important method data was sourced by primary data using interviews, utilizing a questionnaire. The researchers also used purposive sampling technique to select some of the top ranking personnel in Sherko Engineering Group, Jamal Company, Tanyayi Café, Cafe Clarintte, Café Master and Marianne Bageri. The analytical strategy used was in relying on theoretical propositions.
On the basis of the analysis of data collected during the interview, the study revealed that small business owners in developing countries such Kurdistan face many problems when compared with developed countries like Sweden. The finance problems facing Kurdish small business owners are ranked as follows: lack of finance in starting and developing business, non use of accounting and finance Standards, having few sources of finance and private banks, inability in determining money need and start up costs, lake of a factor for distinguishing between personal and business money, poor infrastructures, inappropriate legislation, lack of managerial skills in managing money; further problems are corruption and inflation. Small business owners in Sweden are face with the problems of high increase of work absentee due to cases of sicknesses by personnel and the effect of the weather on business. Also they face very few the problems that Kurdish small business has related finance aspects when establishing and managing the business, they have support of government completely.
Women Entrepreneurship in Malaysia: an Investigation of the Factors that Motivated Micro and Small Business Owners in Kuching-Sarawak to Start-up their own Businesses
