Journal articles: 'Small business'

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Cole, Graham. "Big business for small businesses." Development and Learning in Organizations: An International Journal 28, no. 4 (June 2, 2014): 24–26. http://dx.doi.org/10.1108/dlo-04-2014-0029.

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Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – Learning is fundamental to success in any walk of life. Business is no different. Any organization lacking the motivation or capacity to acquire new knowledge will invariably get left behind. The merits of formal learning mechanisms have long been recognized. However, more informal approaches to learning are increasingly playing a major part in the workplace. The flexibility it offers is perhaps a major reason why it now allegedly accounts for up to 90 per cent of learning that takes place. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to digest format.

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Morozko, N. I. "Small Business Promotion Factors." Economics, taxes & law 11, no. 3 (November 6, 2018): 64–70. http://dx.doi.org/10.26794/1999-849x-2018-11-3-64-70.

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The paper examines approaches to boosting small businesses by solving financial and economic problems of business functioning. The subject of the research is the factors that stimulate business development in tough economic circumstances. The purpose of the research was to identify the factors affecting the development of small businesses and ways of boosting their activities. To this end, a SWOT-analysis matrix for a small organization has been developed. The factors hampering the development of small businesses are revealed including reduced investment, lack of cooperation between large and small companies, significant tax burden on small companies, difficulties in obtaining loans and other sources of financing, insufficient financial support from the state, inefficient microfinance system, scarce introduction of standard leasing schemes into small businesses. As a result of the research, small business promotion policies have been suggested to spur the activities of small business entities. It is concluded that at present the tools available for boosing the small business activities are not used in the full range.

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Wijayanti, Anita, Massila Kamalrudin, Safiah Sidek, and Kartika Hendra Titisari. "A business transformation model to enhance the sustainability of small-sized family businesses." Problems and Perspectives in Management 19, no. 1 (February 26, 2021): 185–97. http://dx.doi.org/10.21511/ppm.19(1).2021.16.

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Business transformation is essential to making the small-sized family business more sustainable. Technological and environmental changes have radically transformed the way of doing business. Business transformation into digital business is the key to success in these conditions. On the other hand, some of the previous studies of business transformation in several countries and industries show different empirical evidence. This study analyzes the transformation process in a small-sized family business. This is a case study of 15 small-sized family businesses with four different types of industry, with an interview and observation period of 12 months in 2019–2020. This study has formulated a business transformation model for a small-sized family business and presented the results of the transformation process carried out. The research results indicate that a business transformation model consists of several attributes and sub-attributes. Business transformation results indicate different processes and times between companies. In general, the transformation process can be grouped into the exploration, learning, and synchronizing stages. The industry with the fastest transformation process is the hospitality industry, while the manufacturing process for the industry takes a bit longer. The results of this study indicate that business transformation has improved the sustainability of a small-sized family business that is characterized by its ability to adapt to changing technology and environmental conditions.

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Brady, Anna. "Small Business." Journal of Business Strategy 16, no. 2 (February 1995): 44–52. http://dx.doi.org/10.1108/eb039690.

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Pavlenko, Volodymyr, and Oksana Lashko. "System for Effective Small Business Support." Advances in Cyber-Physical Systems 6, no. 1 (January 23, 2021): 39–45. http://dx.doi.org/10.23939/acps2021.01.039.

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This paper considers the problem of developing specialized software designed to support small businesses. It substantiates the relevance of creating such systems; architecture has been offered; and the results of development have been given. For practical use, a specific subject area has been considered, which allows to clearly understand the purpose and outcome of the work. These materials can be used to obtain ready-made solutions during the development of a software package on this topic. This document can be considered as an introductory material for the various stages of the project to develop a system of effective support of small business.

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Kaur, Ramandeep. "Social Media Marketing and Small Business." International Journal of Trend in Scientific Research and Development Volume-3, Issue-2 (February 28, 2019): 1051–53. http://dx.doi.org/10.31142/ijtsrd21501.

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VASIUTA, Viktoriia, Anastasiia PUTRIA, and Vladislav PIVOVAROV. "STATE OF SMALL BUSINESS DEVELOPMENT IN UKRAINE." Herald of Khmelnytskyi National University. Economic sciences 312, no. 6(1) (December 29, 2022): 160–64. http://dx.doi.org/10.31891/2307-5740-2022-312-6(1)-22.

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The article examines the current state of development of small business in Ukraine, identifies the main problems that hinder it. The development of small business is a necessary condition for unlocking the economic and innovative potential of the country. Small enterprises are able to resist monopolistic structures, keep a balance between the interests of market participants, create all market segments and make them a variety of products and services. The authors emphasize the need to support the functioning and development of small businesses. The presence of a large number of small enterprises in the country’s economy gives the economic system flexibility, maneuverability, adaptability to a rapidly changing environment and market conditions. The economic space of Ukraine has a powerful potential and has ample opportunities for the development of small businesses and entrepreneurship in general. In Ukraine, freedom of entrepreneurship means a real opportunity for citizens to engage in legal activities. This is enshrined in the Constitution of Ukraine, which guarantees everyone the right to engage in entrepreneurial activities that are not prohibited by law. Modern Ukrainian scientists have studied the general characteristics of the functioning of small businesses in Ukraine in modern conditions. The dynamics of the number, composition and structure of small businesses in Ukraine for 2012–2021 is analyzed. Analysis by type of economic activity showed that such areas of activity as trade and services are in priority. The authors note that in their activities small businesses experience problems associated with the financial component. In 2020, in addition to the existing ones, problems were added that caused quarantine restrictions due to the COVID-19 pandemic. The Government of Ukraine provided support to the business sector. Credit holidays were introduced, tax preferences were provided, and targeted and informational support was provided for small and medium-sized businesses. Small business in Ukraine is forced to overcome a number of macroeconomic obstacles, the main reasons for which are the unstable economic situation in the country. Creating favorable conditions for the development of small business is one of the main ways for the state to get out of the economic crisis in war conditions.

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Cameron, George R. "Small business is big business." Journal of Marketing Management 2, no. 1 (January 1986): 31–37. http://dx.doi.org/10.1080/0267257x.1986.9963998.

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Kaplan, Joseph. "Small Business Is Big Business." Practice Periodical on Structural Design and Construction 1, no. 3 (August 1996): 78. http://dx.doi.org/10.1061/(asce)1084-0680(1996)1:3(78).

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Wilmshurst, Trevor, and Despina Whitefield. "Total Quality Management in Small Business Small Business Saviour?" Small Enterprise Research 4, no. 3 (January 1996): 65–81. http://dx.doi.org/10.5172/ser.4.3.65.

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Carmichael, Janice B. "Meeting small business needs through small business development centers." New Directions for Community Colleges 1991, no. 75 (1991): 25–30. http://dx.doi.org/10.1002/cc.36819917506.

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Osman, Nor Hasni, and Abdul Aziz Jemain. "Selection of Small Business Practices Priorities." Journal of Business Management and Accounting 3 (February 23, 2020): 51–60. http://dx.doi.org/10.32890/jbma2013.3.0.8884.

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Small business plays an important role in Malaysian business systems. This is because it contributes to the national economic growth by creating job opportunities. As job creators, small businesses must secure access to financial resources but the critical issue surrounding the survival of small businesses is their financial management. Thus, this study approaches small business specifically to examine their financial practices in doing business. This study succeeded in interviewing 185 entrepreneurs in Kedah, which are involved in five different business sectors. These businesses include food and furniture sectors in the manufacturing area; and catering, groceries, and tailoring from the trade and service area. All these businesses represent the most important small businesses that are operating in Kedah. The selection for business practice priorities was done through a fuzzy approach. This approach had been utilised in investigating the linguistic data of business practices. The results showed that updating bookkeeping records is a dominant practice among the entrepreneurs across all sectors, except for the food processing business.

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Worku, Zeleke. "The impact of poor quality municipal services on small enterprises." Investment Management and Financial Innovations 13, no. 3 (September 23, 2016): 274–79. http://dx.doi.org/10.21511/imfi.13(3-1).2016.14.

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A survey was conducted (2012 to 2014) in the City of Tshwane in order to assess and evaluate determinants of adequate municipal services that are routinely provided to operators of start-up business enterprises. Data used in the report come from 1.058 small businesses. The aim of research is to assess and evaluate the relationship between the quality of services and sustained viability in small business enterprises. The study was conducted against the background of a high failure rate among newly established small businesses in the City of Tshwane. The study showed that there was a significant association between positive perception of business operators on the quality of municipal services provided to them and viability of businesses. The percentage of viable business enterprises that were satisfied with the quality of services provided to them was 87%. The percentage of non-viable business enterprises that were satisfied with the quality of services provided to them was only 13%. Profitability in business enterprises was significantly affected by lack of capacity for fulfilling the business and entrepreneurial needs of newly established businesses [hazard ratio = 3.58; P = 0.000; 95% C. I. = (1.45, 5.46)], inappropriate policy [hazard ratio = 3.19; P = 0.000; 95% C. I. = (1.39, 5.28)], and lack of tailor made training programs directed at newly established small businesses [hazard ratio = 2.89; P = 0.000; 95% C. I. = (1.24, 4.77)]. In-depth interviews conducted with business operators led to similar findings. Keywords: city of Tshwane, small businesses, municipal services, perception, hazard ratio. JEL Classification: L26, H7, L8

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Frolov, Sergiy, Victoria Strilec, and Ievgen Balatskyi. "Foresight technologies in financial provision of small business in Ukraine." Problems and Perspectives in Management 15, no. 1 (May 10, 2017): 200–209. http://dx.doi.org/10.21511/ppm.15(1-1).2017.07.

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The problems of formation of small business in Ukraine are caused by insufficient financial provision, ineffective mechanism of taxation and unsustainable state regulatory policies. The aim of the paper is analyze financial provision of small businesses and substantiation of its improvement scenarios with the use of foresight instruments. The paper evaluates the criteria of financial provision of small businesses. It offers the organizational mechanism of financial provision of small business. It also assesses the system of relations “state-small businesses” in the formation of financial provision of companies and identifies the main obstacles for the realization of small business potential. The use of foresight technologies in building scenarios for the formation of financial provision of small businesses is proposed. Stages and methods of systemic foresight are considered. The conclusion is made that financial provision of small business in Ukraine should be focused not only on changes in the legislation, but also on the improvement of state support of small businesses and expansion of the relationship “state-small businesses”.

15

Khan, Abbul Hasan. "Psychological Impact of GST on Small Business." International Journal of Trend in Scientific Research and Development Volume-2, Issue-2 (February 28, 2018): 650–53. http://dx.doi.org/10.31142/ijtsrd9446.

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Portovaras, Tetiana, Zhanna Harbar, Ihor Sokurenko, and Iuliia Samoilyk. "Management of small business entities." Independent Journal of Management & Production 11, no. 8 (May 1, 2020): 680. http://dx.doi.org/10.14807/ijmp.v11i8.1226.

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The purpose of the study is to identify the factors influencing the management of the activity of small businesses and to provide recommendations for its development through the resolution of crisis issues that prevent businesses from achieving strategic prospects and stable profits. The main factors for reducing the effectiveness of small businesses have been identified on the basis of the results of the questionnaire survey of one level of managers (small business directors), which should be taken into account in the formation of strategic management decisions and long-term development strategies. It is found that many of the factors are subject to managerial influence, which minimizes the negative impact on the performance of small business entities. The hypothesis that the main tool for stimulating small business development remains the state has confirmed with the help of research, but there is an urgent objective need to identify other factors that influence the activities of small businesses that impede their development and lead to closure. The study suggests that only a balance between the internal environment of small businesses and the regulatory framework of the state will allow them to work effectively in market conditions and provide the national economy with money. The authors present a position on the organization of a small business entity management system that reflects the links between processes and events in a market environment. The presented approach takes into account a number of elements of influence on a small business when forecasting its development in a strategic perspective. The results of the study showed that it is necessary to clearly identify the tasks at each stage of development of a small business entity, to form alternative models of its development by looking for ways to optimize activities and opportunities to avoid possible risks.

17

Flynn, Dave, and Xu Luodan. "Small Business Survival." Journal of East-West Business 7, no. 4 (June 25, 2002): 79–94. http://dx.doi.org/10.1300/j097v07n04_05.

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Jakutis, Algirdas, and Marijus Bandza. "SMALL BUSINESS OPTIMIZATION." Technological and Economic Development of Economy 11, no. 3 (September 30, 2005): 170–75. http://dx.doi.org/10.3846/13928619.2005.9637695.

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This paper presents a small business that can not be separated from the whole economic system of a state which begins to solve the problems of business. During the last five years a small business in Lithuania is growing rapidly. The most important goal for all profit‐reaching organisations is the maximization of the profit. It is possible to set the optimal plan of the company according to the tasks of optimisation which is extremely important for this firm. So everything leads to the increasing of the effectiveness of market.

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Paul Dana, Leo. "Nirula’s small business." British Food Journal 101, no. 5/6 (June 1999): 500–505. http://dx.doi.org/10.1108/00070709910278523.

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Ortiz-Buonafina, Marta. "Small Business Exporting." Journal of Global Marketing 3, no. 4 (August 27, 1990): 33–58. http://dx.doi.org/10.1300/j042v03n04_03.

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White, Michelle J. "Small Business Bankruptcy." Annual Review of Financial Economics 8, no. 1 (October 23, 2016): 317–36. http://dx.doi.org/10.1146/annurev-financial-121415-032856.

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Houghton, Martin G. "Small business success." European Management Journal 7, no. 2 (June 1989): 221–22. http://dx.doi.org/10.1016/0263-2373(89)90066-2.

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Connell, Jenet. "Small Business Finance." Small Enterprise Research 2, no. 1-2 (January 1993): 28–35. http://dx.doi.org/10.5172/ser.2.1-2.28.

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Fuller, Ted. "Small Business Policy." Environment and Planning C: Government and Policy 24, no. 1 (February 2006): 1–4. http://dx.doi.org/10.1068/c2401ed.

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Ritchie, Bob. "Small Business Policy." Environment and Planning C: Government and Policy 24, no. 6 (December 2006): 795–98. http://dx.doi.org/10.1068/c2406ed.

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Slutsky, Steven H. "SMALL BUSINESS REPORTS." Journal of Business Strategy 16, no. 3 (March 1995): 57–61. http://dx.doi.org/10.1108/eb039703.

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Brock, William A., and David S. Evans. "Small business economics." Small Business Economics 1, no. 1 (1989): 7–20. http://dx.doi.org/10.1007/bf00389913.

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Solomon, George, and Mark Carney. "United States Small Business Administration's Role in Small Business Training." International Small Business Journal: Researching Entrepreneurship 4, no. 1 (October 1985): 25–33. http://dx.doi.org/10.1177/026624268500400102.

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Albach, Horst. "CONTRIBUTIONS OF SMALL-BUSINESS RESEARCH TO SMALL-BUSINESS POLICY DECISIONS." Journal of Small Business & Entrepreneurship 6, no. 3 (January 1989): 22–28. http://dx.doi.org/10.1080/08276331.1989.10600333.

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Mwepu Mbuya, Jean-Marie, Maria Bounds, and G. Goldman. "Selected skills required for sustainable small and medium businesses." Investment Management and Financial Innovations 13, no. 2 (July 14, 2016): 379–88. http://dx.doi.org/10.21511/imfi.13(2-2).2016.13.

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The objective of the study was to determine to what extent the selected skills contribute to the growth and the sustainability of small and medium businesses. In an attempt to understand the underlying factors contributing to the high failure rate of small and medium businesses, this study focused on the extent to which small and medium business owners from two age groups perceived five identified skills generally associated with entrepreneurial and business behavior as conducive to either success or failure. A lack of entrepreneurial and business skills impacts on the growth and survival of small and medium businesses in the Johannesburg Metropole. A quantitative study approach using structured survey questionnaires was used amongst 150 small and medium businesses in the Johannesburg Metropole. Factor analysis was used to analyze the responses gathered from the survey. Findings indicated that all selected entrepreneurial skills (leadership, creativity and innovation, networking, goal-setting and time management) appeared to be critical for small and medium businesses sustainability and growth. Although previous researches have indicated that entrepreneurial skills played crucial role in small and medium businesses sustainability, this study highlighted some of the key skills and attributes that SMEs owners should possess in order to operate their business ventures successfully

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Rudyk, N. V. "Small and Medium Business amidst Economic Turbulence: Ukraine’s Experience." Business Inform 10, no. 513 (2020): 163–72. http://dx.doi.org/10.32983/2222-4459-2020-10-163-172.

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In Ukraine, the importance of small business for the economy and the need to stimulate it are being realized at the level of both the scientific community and public administration. The situation with the pandemic has complicated the conditions of functioning of small and medium-sized busines entities (hereinafter SMEs), but at the same time has justified the need to support it not only in the situation of collapse, but also as a matter of socio-economic stabilization and the prospect of reducing the unemployment rate. The status and conditions of SME functioning, its importance in various spheres of economic activity and in the labor market are researched. The emphasis is on modern trends in the functioning of SMEs, financial relations between the State and SME entities. A comparison of classification characteristics of SMEs was conducted in accordance with the Tax and Commercial Codes of Ukraine. The conditions of operation of small and medium-sized businesses on a simplified taxation system are compared. The latest legislative changes related to the stabilization policy of the State are taken into account. To identify the main trends of small business development, an analysis of the dynamics of the quantity, composition and structure of business in terms of its size, as well as the dynamics of the number of small enterprises and individual entrepreneurs by the largest groups in accordance with the classification of domestic economic activity in the country was carried out. The significance of SMEs in the employment structure is defined in the plane of enterprises and in terms of their size; the need to stimulate entrepreneurship in conditions of global instability is proved. A chronological analysis of the introduction of fiscal instruments for supporting the State in an emergency situation was carried out. In view of international experience, alternative quarantine preferences are considered as possible measures of the State support.

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Kaiser, Eva Yasmine. "Small Business Success During 2020/2021." Scandinavian Journal for Leadership and Theology 10 (August 23, 2023): 277–98. http://dx.doi.org/10.53311/sjlt.v10.72.

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Change management, learning, agility, innovation, adaptability, and growth strategy are crucial elements for a business to stay open, serve its customers’ needs, and create cash flow to stay profitable during a time of crisis. One key aspect that affects how a business uses these elements to further its lifespan is the role of leadership. Some research has examined the areas of leadership and crisis. However, there appears to be a gap in research regarding the role of leadership in small businesses (Madanchian & Taherdoost, 2019; van Winkle et al., 2014). This paper aims to determine if there was a correlation between the servant leadership style and small business survival during the COVID-19 crisis of 2020/2021. This study used a quantitative research method to survey employees who work in small businesses in Germany. The study is highly relevant because small businesses are the backbone of many economies (World Bank, 2022), and other turbulences may be expected in the future. The results provide insights into the connection between servant leadership and sustainable business success during times of difficulty. In addition, the results may enable leaders in the future to navigate their businesses toward increased business sustainability, providing larger benefits for society. Lastly, the study discusses future opportunities for research in this area.

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Pedchenko, Nataliya, Victoria Strilec, Galina M. Kolisnyk, Mariia V. Dykha, and Serhiy Frolov. "Business angels as an alternative to financial support at the early stages of small businesses’ life cycle." Investment Management and Financial Innovations 15, no. 1 (February 22, 2018): 166–79. http://dx.doi.org/10.21511/imfi.15(1).2018.15.

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In the process of small business establishment and development, it is very important to understand both the financial needs of entrepreneurs and the main obstacles and difficulties arising in the way of financing. Alternative sources of financial support, along with traditional ones, create opportunities to increase funds, but the solution to the issue of their attraction should be based on modern effective methods and decision- making technologies. The article uses the decision tree method to determine the optimal alternative to financial support of small business at the early stages of the life cycle. The results highlight the importance of alternative source of resources for small business entities, namely business angels’ means. The empirical and statistical analysis confirms that access to alternative sources of financing for small businesses in EU countries is improving, while in Ukraine, informal financing is a rather new and underdeveloped area. Based on the analysis of the advantages of using the business angels’ funds, it was concluded that they need to implement their potential in small business of Ukraine. The results show that the decision tree method is an effective tool for deciding on the prioritization of a financial alternative to the small business, and is characterized by ease of use, forecast precision and problems solution novelty.

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Popova, S. V. "SMALL BUSINESS: ILLUSIONS AND REALITY." Scientific Review: Theory and Practice 10, no. 10 (October 30, 2020): 2301–12. http://dx.doi.org/10.35679/2226-0226-2020-10-10-2301-2312.

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In post-industrial society, there is an increase in the role of small business as an integral element of the reproduction process. The activities of small and medium-sized businesses in our country are carried out on the basis of the established global trends. Difficulties in the dynamics of this sphere are formed under the influence of increased concentration of production and consolidation of enterprises, which gives rise to a number of problems and contradictions. Considering small business as the most important component of the market economy, its role in solving the problems of creating a competitive environment and ensuring employment should be noted. The scientific literature on the problem under consideration shows the versatility in the authors’ views of the small business role in economic development. This problem is disclosed in sufficient detail in the works of foreign authors (M Weber, J. Gelbraith, P. Drucker, W. Sombart, R. Cantillon, R Coase, J. Keynes, K. Marx, A. Marshall, L. Mises, A. Smith, J. Schumpeter and others). In Russia, L. Abalkin, A. Anchishkin, K. Bazhenov, S. Witte, V. Inozemtsev, M. Lapusta, L. Slutsky, P. Stolypin, M. Tugan-Baranovsky, A. Chayanov and etc. considered this problem. The article reveals the role of small business in the Russian economy, as well as the problems and contradictions of its functioning. On the basis of a systematic analysis of the current trends, the problems, efficiency and significance of small business are identified. Research has shown that the role of small businesses is greatly exaggerated. Small business development acts as a factor in reducing unemployment. In the process of economic activity, a number of problems arise that the enterprises themselves cannot solve. A set of measures is required to support this activity and overcome the crisis. It is important that small and medium-sized enterprises can form their own accumulation fund, which can be used to adapt in the face of stagnation, which will increase the size of the labor force and labor productivity. The crisis of small and medium-sized businesses leads to a multiplier effect in the economy, which reduces the volume of GDP. As a result of the “concentration of capital” among large producers, smallscale production becomes unproductive and unprofitable. The opportunities for obtaining loans from small businesses are very limited. Modern high-tech productive equipment is not available to most. In many enterprises, there is no separation in order to save financial resources on wages. The social security of employees is low. The prosperity of any country in a post-industrial society depends on big business; small business is only an auxiliary sphere of activity. Relying on small business, it is impossible to improve the quality of life, to ensure economic growth and national security. The results of the study can be used in determining the strategic guidelines of economic policy and choosing development priorities.

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Cant, Michael Colin, Johannes Arnoldus Wiid, and Yu-ting Hung. "Small business owners’ perceptions of business ethics and employee theft in the small business sector of South Africa." Corporate Ownership and Control 10, no. 4 (2013): 237–47. http://dx.doi.org/10.22495/cocv10i4c2art1.

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Cant and Ligthelm (2003:1) estimate that 70-80% of SMEs fail. One of the challenges that have been identified as contributing to the high failure rate of SMEs in South Africa is employee theft, which constitutes as a ‘crime’. The research study investigates small business owners’ perception of business ethics and employee theft in the small business sector of South Africa. The objective of this paper is to determine the ethical behaviour of business owners, explore the ethical dilemmas that small businesses are facing, establish the concern and impact of theft in the workplace, and the influence of loyalty on the matter. A questionnaire was constructed and random sampling was used to gather the responses of 38 small business owners. The research identified a strong positive linear relationship between the concern for ethical dilemmas/misconduct and employee theft in the workplace. The challenge now is to further the decrease of employee theft in small businesses in South Africa to ensure their success, as they play a vital role in the South African economy

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N. Ngcobo, Raphael. "Credit provision by banks: a case study analysis of small businesses in South Africa." Banks and Bank Systems 12, no. 4 (November 30, 2017): 65–74. http://dx.doi.org/10.21511/bbs.12(4).2017.06.

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Small business sector is considered as an important economic driver by many countries. In South Africa, small business sector has been acknowledged as the driving force to boost the economic growth and an important source of job creation. This article aims at identifying factors that are a challenge in obtaining bank finance by small businesses in South Africa.Primary data for this study involved a survey questionnaire directed to owners of small businesses operating in Ekurhuleni Metropolitan area, Gauteng, South Africa. Factors that were deemed to influence bank loan decision were examined. The research findings revealed that factors such as age of business, business plans availability, educational background of business owner, experience of business owner and availability of a collateral have an influence on the bank loan decisions. This research also found that the accessibility of loan funding from banks was a constraint on business operations and growth. The findings of this study indicate that the mentioned factors are a challenge for small businesses in accessing bank loans to fund their operations.The findings of this study will be of great value to small business owners and policy makers in finding solutions to address the identified barriers.

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Ambo Upe, Jusni, and Andi Aswan. "Internal factors improving viability of small food and beverage businesses: The case of Indonesia." Problems and Perspectives in Management 20, no. 1 (January 27, 2022): 117–27. http://dx.doi.org/10.21511/ppm.20(1).2022.11.

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Small food and beverage business is considered highly contributing to the economy as it has a close linkage with local micro and small businesses, both upstream and downstream. However, this business group faces challenges; many of them are unable to survive, grow, and compete with large ones. This study is intended to analyze internal factors affecting the performance of small food and beverage businesses in Indonesia. With the use of 100 samples of small businesses, the study applied OLS multiple regression to examine the four internal factors, which are entrepreneurial characteristics, marketing strategies, business capital, and innovation activity. The study results show that marketing strategies, business capital, and innovation activities have a positive and significant effect on the performance of small food and beverage businesses. These findings indicate that small businesses depend mostly on those three factors with different levels of intensity for different business locations. Businesses located in universities and hospital areas are likely to have low intensity compared to those located in office areas or crowded places. Differently, entrepreneurial characteristics do not affect performance. Likely, small entrepreneurs did not have a strong business interest, still expecting to work in government organizations and companies. They established a business due to family encouragement and economic needs. AcknowledgmentThe study on the small businesses in food and beverage sector is part of a research grant project from Hasanuddin University conducted by LP2M (Institute for Research and Community Services Institute of Hasanuddin University). In carrying out this study, the involvement of a number of agencies cannot be ignored: Cooperatives and Small and Medium Size Regional Office of South Sulawesi Province and Cooperatives and Small and Medium Size Regional Office of Makassar City.

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Yallapragada, RamMohan R., and Mohammad Bhuiyan. "Small Business Entrepreneurships In The United States." Journal of Applied Business Research (JABR) 27, no. 6 (October 27, 2011): 117. http://dx.doi.org/10.19030/jabr.v27i6.6470.

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A small business entrepreneur is defined as an individual who establishes and manages a business for the principal purpose of profit and growth. Small businesses constitute an increasingly large proportion of businesses generally in the United States economy. They account for 39 per cent of the United States gross national product and create two out of every three new jobs in our economy. Seven important prerequisites are identified as being necessary for successfully operating a small business. These include adequate financing, qualified personnel, efficient operation and production, marketing and sales, customer service, information management and administration. One of the most significant contributors to failure of a small business relates to acquisition of adequate capital. Small Business Administration (SBA) was established by Federal Government in 1953 to provide low interest loans to small business borrowers that would not otherwise have access to credit. However, there is some criticism that these SBA programs unfairly benefit, not the small businesses, but the financial institutions that participate in the SBA loan programs. Another significant source of debt financing to small businesses is known as micro-financing, started as new wave in providing capital to small businesses by the Nobel Peace Prize winner, Muhammad Yunus, in Bangladesh.

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Agrawal, Arihant. "Difficulties Small Business Face Due to Marekt Conditions." International Journal of Trend in Scientific Research and Development Volume-2, Issue-5 (August 31, 2018): 994–99. http://dx.doi.org/10.31142/ijtsrd17022.

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Jusni, Jusni, Andi Aswan, Muhammad Hakimi Mohd Shafiai, Gunawan Baharuddin, and Riandha Ridho Hafizh Thaha. "Key competitiveness of Indonesian small wooden furniture business." Innovative Marketing 19, no. 1 (January 31, 2023): 59–71. http://dx.doi.org/10.21511/im.19(1).2023.06.

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Small wooden furniture businesses in East Indonesia feel pressure from the furniture businesses of the West Indonesia, in particular from Jepara, due to a fierce international rivalry. The study is intended to analyze the effect of market orientation and entrepreneurial orientation on competitiveness with innovation as an intervening variable. The study distributed 189 questionnaires to the small wooden furniture producers in the South and West Sulawesi Provinces. The collected data were analyzed by structural equation modeling using maximum likelihood approach. The study found that market orientation, entrepreneurial orientation, and innovation contributed to leveraging the competitiveness of small furniture producers. With this model, market orientation is found to have a positive and significant effect on innovation and competitiveness, both with a small-medium effect. Interestingly, the relationship between entrepreneurial orientation and innovativeness shows a positive, significant, and the most dominant of all structural causal relationships in the model, with a small-high effect. In contrast, the relationship between entrepreneurial orientation and competitiveness has a positive and significant effect with a smaller path coefficient. The study also found that innovation shows a positive and significant effect on competitiveness with a relatively small impact. AcknowledgmentThe case of small wooden furniture businesses of Indonesia is part of collaborative research between the research teams from Hasanudd in University and Universiti Kebangsaan Malaysia. In carrying out this study, the involvement of a number of agencies cannot be ignored: the Cooperative and Small and Medium Size Regional Office of South and West Sulawesi Province and Cooperatives and the Small and Medium Size Regional Office of Makassar City.

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Abdilakimov, Gofur. "ANALYSIS OF SOME ASPECTS OF SMALL BUSINESS MANAGEMENT." International Journal Of Management And Economics Fundamental 03, no. 03 (March 1, 2023): 5–13. http://dx.doi.org/10.37547/ijmef/volume03issue03-02.

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Small business and private entrepreneurship play an important role in the socio-economic development of all countries in the conditions of globalization taking place in the world today. In the current era of rapid changes, attention is being paid to business and entrepreneurship as one of the decisive, strategically important, priority areas of economic reforms. Because this industry is an industry that can quickly adapt to the demands and changes in the world and regional markets, and can quickly withstand the threats and negative consequences of the global financial and economic crisis. Today, 90% of businesses in developing countries are small and medium-sized enterprises, and they provide the opportunity to create more than 50% of jobs. Formally established small business enterprises account for 40% of the GDP of these countries. The World Bank estimates that by 2030, 600 million jobs will be needed to keep up with the growing population. This requires rapid development and institutional modernization of small business and private entrepreneurship. Therefore, this problem sets the task of expanding the scope of scientific research in this regard, introducing innovative technologies to the field on a large scale.

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Abdilakimov, Gofur. "LOCAL ASPECTS OF SMALL BUSINESS DEVELOPMENT IN UZBEKISTAN." Oriental Journal of Economics, Finance and Management 03, no. 02 (March 1, 2023): 1–9. http://dx.doi.org/10.37547/supsci-ojefm-03-02-01.

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Special attention is being paid to intensive development of small business and entrepreneurship, introduction of modern technologies in the field and development of directions for using innovative methods of its improvement. Wide involvement of the population in business activities, growth of the investment and export potential of the industry, and the fact that more attention is being paid to the employment of the population on this basis is gaining importance. Especially in the global economy, improving the organizational and economic mechanisms of small business and private business entities, creating a favorable business environment, strengthening their participation in foreign economic activities, and making full use of their opportunities to increase the income of the population is one of today's urgent issues. These factors imply the implementation of complex measures for financial support of small business and entrepreneurship, information exchange, technical assistance and legal support.

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Alojonovich, Rashidov Rahmatullo. "THE NEED FOR GOVERNMENT REGULATION OF SMALL BUSINESS." International Journal Of Management And Economics Fundamental 03, no. 01 (January 1, 2023): 13–20. http://dx.doi.org/10.37547/ijmef/volume03issue01-02.

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Currently, there are different opinions about the reasons for state regulation of the small business sector. According to the traditional theory, the government should intervene in the economy when the market fails to allocate resources efficiently, resulting in market "failure". In the framework of welfare theory, it is emphasized that the reason for market "failures" is not only monopoly, but also the existence of externalities (externalities). This article discusses the factors and functions affecting the regulation of small business by the state, and provides analytical information on its share in the main types of economy.

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Schaupp, Ludwig Christian, and France Bélanger. "Social Commerce Benefits for Small Businesses." Journal of Organizational and End User Computing 28, no. 3 (July 2016): 49–66. http://dx.doi.org/10.4018/joeuc.2016070104.

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Small businesses represent an important element of many western economies. However, they often struggle with resources needed to succeed, and small business owners often have to perform many, if not all, roles in their organizations. One of the key functions that small businesses need to excel at for business success today is social commerce since much of their business is migrating towards the use of social media for business. In this study, determinants of social commerce benefits for small businesses are explored. Using survey data from 60 small companies, this research identifies stakeholder pressure and partner pressure as the most significant factors in determining social commerce benefits for small business. Implications of these findings and provide suggestions for future research are discussed.

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Davydova, A. A., and A. A. Koneva. "SMALL BUSINESS: ESSENCE AND FUNCTIONS." Business Strategies 8, no. 12 (December 28, 2020): 330–36. http://dx.doi.org/10.17747/2311-7184-2020-12-330-336.

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The article discusses the key differences between the concepts of "business" and "entrepreneurship". Theoretical approaches to understanding the "small business" category are analyzed and systematized. The criteria for classifying a business entity as an MP in the Russian Federation and foreign countries are studied. The forms of MP subjects are defined in accordance with the legislation of the Russian Federation. The main types of MP subjects in the aspect of industries and spheres of economic activity are highlighted. The functions of small business are analyzed and systematized. As a result of the research, it is proved that the functions implemented by small businesses create favorable conditions for stimulating economic growth. The specifics of small industrial enterprises and their impact on the economy are established.

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ORR, SIMON. "BSAVA BUSINESS." Journal of Small Animal Practice 36, no. 1 (January 1995): 30–38. http://dx.doi.org/10.1111/j.1748-5827.1995.tb02763.x.

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Senapati, Mr Parthasarathi. "Marketing of small business, A case of small business in India." IOSR Journal of Business and Management 16, no. 5 (2014): 08–11. http://dx.doi.org/10.9790/487x-16550811.

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Ma'aji, Muhammad M. "Modelling business failure among small businesses in Nigeria." Pressacademia 6, no. 2 (June 30, 2019): 72–81. http://dx.doi.org/10.17261/pressacademia.2019.1046.

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Yrle, Augusta C., and Sandra J. Hartman. "E-business: an outsourcing solution for small businesses." International Journal of Management and Enterprise Development 1, no. 3 (2004): 268. http://dx.doi.org/10.1504/ijmed.2004.004525.

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Kennedy, Jay P. "Asset misappropriation in small businesses." Journal of Financial Crime 25, no. 2 (May 8, 2018): 369–83. http://dx.doi.org/10.1108/jfc-01-2017-0004.

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Purpose This paper aims to increase the understanding of the types of insider financial frauds that occur within small businesses by focusing on a sample of businesses that have not employed a certified fraud examiner (CFE) in response to employee theft. Design/methodology/approach The survey data analyzed come from 102 small businesses (100 employees or fewer) in a midsized Midwestern city in the USA, and reflect 125 reported employee thefts. Findings The study results indicate that small businesses that do not hire a CFE report certain thefts with greater and lower frequencies as compared to small businesses that do hire a CFE. For particular types of frauds, CFEs may be no more useful than the efforts of business owners or managers, and other employees. Practical implications There may be important organizational differences between businesses that hire CFEs and those that do not, differences related to the ways in which business finances are maintained, the ways in which specific controls are used and the ability of employees to access business resources. These factors may create business-based opportunity structures that make particular types of insider financial frauds more or less likely to occur within a particular business. Originality/value Existing research on insider financial frauds may not appropriately account for small businesses that cannot afford, or are unwilling, to hire a CFE. The findings discussed in this paper contribute to a more complete picture of the types of frauds that small businesses experience, as well as how these businesses deal with insider theft.

Journal articles on the topic 'Small business'

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