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Examining the Factors Obstructing Startups and Small Businesses Success: An Empirical Study Concerned with the Egyptian Business Environment

المصدر: مجلة البحوث الإدارية
الناشر: أكاديمية السادات للعلوم الإدارية - مركز الاستشارات والبحوث والتطوير
المؤلف الرئيسي: El-Sharawy, Bassant Badr El-Din (Author)
مؤلفين آخرين: Abouzeid, Walid Aboubakr (Co-Author)
المجلد/العدد: مج36, ع2
محكمة: نعم
الدولة: مصر
التاريخ الميلادي: 2018
الشهر: أبريل
الصفحات: 1 - 24
ISSN: 1110-225x
رقم MD: 1229533
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Small Business | Failure | Economic Consequences | Business Model | Funding
رابط المحتوى:
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المستخلص: There is no more ambiguous or better studied issue in the field of small businesses than what contributes to their failure. Given the critical role that the small businesses play in the economy, the economic consequences of their failure can be disastrous. However, there is no definitive answer to the reasons beyond the small business's failure. This study attempts to examine and analyze the catalysts of small businesses failure in general, and in the Egyptian market in specific. Success in business is never guaranteed. It is not based on luck. It depends primarily on the owner's foresight and on the organization performance. Even though, it still cannot be assured. In order to avoid business failure, it is necessary to understand the factors leading to this failure and how to successfully overcome them. The most common factors causing small businesses' failure may include: lack of funding, mismanagement of resources, lack of qualified personnel, faulty business model and wrong feasibility study.

ISSN: 1110-225x

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