small business owner
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Author(s):  
Chux Gervase Iwu

The relatedness of the factors that slow down the sustainability and growth of SMEs in emerging markets is discussed in this chapter. The chapter further argues that even though the factors that have encumbered SMEs have gained traction in enterprise development and business management research, how their multidimensional interrelationship can harm the sustainability and growth of SMEs in emerging markets is yet to receive considerable attention. The entrepreneurial ecosystem framework of Mazzarol is used to present a novel approach in this review by attempting a richer explanation of the extent of the mutual connectedness of these factors and how they shape the entrepreneurial ecosystem. This chapter concludes that the factors that inhibit the realization of an impressive sustainable growth of SMEs are interrelated. For instance, the high cost of electricity significantly reduces the profit that can be made by a small business owner, and, in this case, the small business owner may have difficulty paying back a loan obtained in favor of the business.


2020 ◽  
Vol 53 (1) ◽  
pp. 8-15
Author(s):  
Stefanie Ertel

Small businesses have been significantly impacted by the effects of COVID-19. Not only have many needed to close their physical doors, but now there are extra health standards and social distancing requirements. Research from other studies, a one-question survey, and research from readily available resources have all been taken into account in the following research to focus on the motivating needs of businesses post–COVID-19. It is important for the small business owner to be aware of the effects this will have on the physical environment and also on the needs of their employees and customers. It is important to remember that various level needs can be worked on at the same time. Most importantly, it is critical to remember that one’s business is not just about numbers and to-do lists, but rather the relationships, the people that make up one’s business, and the impact on others and the community.


2020 ◽  
Vol 9 (3) ◽  
pp. 329-341
Author(s):  
Trey Malone ◽  
Antonios M. Koumpias

PurposeThis research note compares voter opinions regarding small business entrepreneurial activity to opinions of small business owners and links any divergence in perceptions to realized suboptimal entrepreneurial growth policy.Design/methodology/approachPrimary data collection via best–worst scaling and estimation of linear regression models.FindingsResults suggest that small business owners are less concerned about issues such as foreign competition, estate/death taxes, oil prices and labor union demands but are more concerned with domestic competition, income taxes, regulatory burdens and availability of credit from lenders.Social implicationsThe authors find major discrepancies in opinions about trade policy and business financing, which may lead to policy design that hinders entrepreneurship given evidence that politicians do respond to voters' opinions (Autor et al., 2016).Originality/valueIt represents the first empirical assessment of differences between voter and small business owner perspectives on entrepreneurial policy. An immediate policy implication includes the need to provide additional avenues of communication of entrepreneurs' concerns.


2019 ◽  
Vol 7 (11) ◽  
pp. 1010-1019
Author(s):  
Victor Azevedo Said ◽  
David Barbosa de Alencar ◽  
Alexandra Priscilla Tregue Costa ◽  
Carlos Alberto Oliveira de Freitas

Logistics challenges are present in any organization, including small businesses. If today it is indispensable in large industries, for smaller companies the reality is different, since, in general, they do not have enough structures or employees to face adversity and meet their goals. Thus, it is becoming increasingly relevant to invest in tools that can bring improvements and results. Logistics encompasses activities that deal with the flow of material, human and information resources, but micro and small entrepreneurs generally do not handle all these stages of the process, which ends up making production work, often with lower efficiency than its total capacity, generating costs and making the company less productive. Lack of planning causes damage most of the time. This involves everything from inventory control to small processes that need human monitoring to happen. Due to the tools logistics offers to implement in any industry, regardless of size, opportunities for management improvement are growing, making the small business owner eligible to plan and think bigger about their business.


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