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Full-Text Articles in Business

Technology Strategies To Sustain Small Business Enterprises Beyond 5 Years, Eunice Colon Jan 2022

Technology Strategies To Sustain Small Business Enterprises Beyond 5 Years, Eunice Colon

Walden Dissertations and Doctoral Studies

AbstractSmall businesses employ over half of the U.S. labor force, yet only 50% of small businesses survive beyond five years. Small business owners who do not sustain their businesses force employees to seek new employment and adversely impact the local economy. Grounded in Porter’s five forces model, the purpose of this qualitative multiple case study was to explore technology strategies used by small businesses to achieve and maintain sustainability beyond the first five years of operations. The participants were four small business owners from Maryland who implemented successful technology strategies to achieve and maintain sustainability for more than five years. …


Strategies For Information Technology Small Business Owners To Sustain Beyond The First 5 Years, Edward Alan Rodarte Jan 2022

Strategies For Information Technology Small Business Owners To Sustain Beyond The First 5 Years, Edward Alan Rodarte

Walden Dissertations and Doctoral Studies

Small businesses are the foundation of an economy and spawn innovation, but small business owners fail at an alarming rate because they lack strategies to sustain business operations. Since 50% of small businesses fail within the first 5 years, small business sustainability research is critical to support small business owners. Grounded in entrepreneurial theory, the purpose of this multiple case study was to identify strategies information technology (IT) small business owners use to sustain operation beyond the first 5 years. The participants included four IT small business owners in the Southwestern United States who sustained operations beyond the first 5 …


Strategies For Achieving Sustainability Of Small Business Restaurants, Tanisha Thomas-Beard Jan 2022

Strategies For Achieving Sustainability Of Small Business Restaurants, Tanisha Thomas-Beard

Walden Dissertations and Doctoral Studies

Many small business restaurant owners perform unprofitably and fail within 5 years of opening. Small business restaurant owners are concerned about sustainability as approximately 50% of small businesses that start up do not last beyond the fifth year. Grounded in the general systems theory, the purpose of this qualitative multiple case study was to explore strategies small business restaurant owners use to grow and maintain profitability to sustain business beyond 5 years. The participants were five small business restaurant owners in the Southeastern region of the United States who sustained their business beyond 5 years. The data were analyzed using …


Innovation Strategies For Rural Micro And Small Businesses, Suzanne K. Larsen Jan 2022

Innovation Strategies For Rural Micro And Small Businesses, Suzanne K. Larsen

Walden Dissertations and Doctoral Studies

Facing many unique challenges compared to their urban counterparts, rural business owners rely on innovation strategies to successfully operate their businesses. Reflecting only 14% of the population but occupying more than 72% of the geographic United States, the failure of rural business owners jeopardizes the network of goods and services that feed and support the entire nation. Grounded in Castle’s rural capital framework and Van de Ven’s innovation framework, the purpose of this qualitative multiple case study was to explore the strategies rural small business owners use to ensure business innovation. The participants were eight successful rural small business owners …


Strategies For Reducing Voluntary Employee Turnover In Small Business, Sherale Bell Jan 2022

Strategies For Reducing Voluntary Employee Turnover In Small Business, Sherale Bell

Walden Dissertations and Doctoral Studies

Small business owners who lack strategies to reduce high rates of voluntary employee turnover experience decreased organizational performance. Grounded in the two-factor theory, the purpose of this qualitative multiple case study was to explore strategies that small business owners use to reduce high voluntary employee turnover to increase organizational performance. Participants were four small business owners from Midwestern Illinois who successfully used strategies to reduce high voluntary employee turnover. Data were collected from semistructured interviews and internal documents and analyzed using thematic analysis. Four themes emerged: (a) employee turnover, (b) job satisfaction, (c) employee engagement, and (d) monetary incentives. A …


Strategies For Using Crowdsourcing As A Product Development Tool To Increase Innovation, Beryl Jessamyn Castillo Jan 2022

Strategies For Using Crowdsourcing As A Product Development Tool To Increase Innovation, Beryl Jessamyn Castillo

Walden Dissertations and Doctoral Studies

AbstractFailure to increase innovation and revenue can harm business operations. Small business owners must explore strategies to increase innovation and revenue to remain competitive. Grounded in the diffusion of innovation theory, the purpose of this qualitative multiple case study was to explore strategies small business leaders use to successfully integrate crowdsourcing into business operations to increase innovation and revenue. The participants were five small business leaders in northern Utah who engaged in collaboration initiatives to increase innovation and revenue. Data were collected from semistructured face-to-face interviews, member checking, field notes, a review of company documents, and artifacts. Data were analyzed …


Strategies To Reduce Entrepreneurial Burnout, Eva Singleton Jan 2022

Strategies To Reduce Entrepreneurial Burnout, Eva Singleton

Walden Dissertations and Doctoral Studies

Burnout is a threat to small business sustainability. Many small business entrepreneurs start their business endeavors lacking strategies to reduce burnout that could lead to business failure. Grounded in self-leadership theory, the purpose of this qualitative multiple-case study was to explore strategies small business entrepreneurs use to reduce burnout in their initial three years in business. The participants were four South Carolina licensed barbers in business for a minimum of three years who had successfully implemented strategies to reduce burnout. Data were collected from semistructured interviews and public documents from participants’ business websites and social media. Thematic data analysis resulted …


Employee Training Strategies For New Technology Implementation In Small Business, Eddy Varela Jan 2022

Employee Training Strategies For New Technology Implementation In Small Business, Eddy Varela

Walden Dissertations and Doctoral Studies

Failure to implement new technology creates a barrier to success for small businesses. Small business owners must create competitive advantages by implementing new technology as there is a need to maintain an advantage when competing in the local market economy. Grounded in the human capital theory, the purpose of this qualitative multiple case study was to explore the employee training strategies small business owners use to implement new technology. The participants were five small business owners in Central Florida who used employee training strategies to implement new technologies Data were collected using (a) semistructured interviews, (b) member checking interviews, (c) …


Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill Jan 2022

Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill

Walden Dissertations and Doctoral Studies

Some minority business enterprises (MBEs) have limited capital for setting up their businesses, which often leads to business failure. Grounded in entrepreneurship theory, the purpose of this qualitative multiple-case study was to explore strategies MBEs used to access capital to improve their competitive positioning and profitability. The participants were six MBE owners from Alabama who demonstrated success at maintaining and securing working capital to maintain a profitable business for a minimum of 5 years. Data were collected from semistructured interviews and reviews of organization documents and websites. Using Yin’s five-step data analysis process, four themes emerged: owner financing, government loans …


Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill Jan 2022

Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill

Walden Dissertations and Doctoral Studies

Some minority business enterprises (MBEs) have limited capital for setting up their businesses, which often leads to business failure. Grounded in entrepreneurship theory, the purpose of this qualitative multiple-case study was to explore strategies MBEs used to access capital to improve their competitive positioning and profitability. The participants were six MBE owners from Alabama who demonstrated success at maintaining and securing working capital to maintain a profitable business for a minimum of 5 years. Data were collected from semistructured interviews and reviews of organization documents and websites. Using Yin’s five-step data analysis process, four themes emerged: owner financing, government loans …


Strategies Small-Business Leaders Use To Prevent Employee Fraud, Israel Chand Jan 2022

Strategies Small-Business Leaders Use To Prevent Employee Fraud, Israel Chand

Walden Dissertations and Doctoral Studies

Employee fraud is a crime committed against an employer and results in the loss of a small business's assets, revenues, and reputation. Leaders of small businesses who fail to prevent employee fraud may experience decreased profitability and reputational loss in their community. Grounded in Bandura’s social cogitative theory, the purpose of this qualitative multiple-case study was to explore strategies that leaders of small businesses use to prevent employee fraud. Data were collected from five small-business leaders in the southeastern United States who applied strategies to prevent employee fraud through interviews and reviews of business documents and archival records. Applying Akinyode …


Empowerment Strategies For Sustaining Small Business Moving Companies, Leroy Jr Peter Fontenette Jan 2022

Empowerment Strategies For Sustaining Small Business Moving Companies, Leroy Jr Peter Fontenette

Walden Dissertations and Doctoral Studies

The lack of empowerment strategies can cause high employee attrition for small moving company owners and lead to business closures within 5 years. Small moving company owners using effective empowerment strategies can reduce attrition and increase business longevity. Grounded in the transformational theory, the purpose of this qualitative multiple case study was to explore empowerment strategies three small moving company owners in California used for sustaining their business beyond 5 years. Data were collected from semistructured interviews and company documents, such as logistics instruments, a combined agreement contract for moving services, and a freight bill. Using thematic analysis, the three …


Total Quality Management Strategies To Sustain Business Beyond 5 Years, Nida Guzon Palmore Jan 2022

Total Quality Management Strategies To Sustain Business Beyond 5 Years, Nida Guzon Palmore

Walden Dissertations and Doctoral Studies

Some small business leaders lack total quality management strategies to sustain their business beyond 5 years. Small business leaders are concerned that their businesses will not survive beyond 5 years without total quality management strategies. Grounded in the Deming 14 points model, the purpose of this qualitative multiple case study was to explore strategies small business leaders use to sustain their business beyond 5 years of operation. The participants were five small business leaders from Central Valley, California, who sustained their businesses for more than 5 years. Data were collected through semi-structured interviews and a review of company documents. Thematic …


Financial Recordkeeping Strategies For Small Businesses, Dominique Latrice Moore Jan 2022

Financial Recordkeeping Strategies For Small Businesses, Dominique Latrice Moore

Walden Dissertations and Doctoral Studies

Small retail business owners with inadequate record-keeping strategies struggle with the success of their businesses. Business owners who do not have the requisite financial knowledge may not have the skills required to manage the financial affairs of their business. Grounded in the theory of planned behavior, the purpose of this qualitative multiple case study was to investigate strategies small retail business owners use to adopt financial record-keeping strategies to sustain a small retail business beyond 5 years. Data were collected from a review of organizational artifacts and semistructured interviews with three retail small business owners who successfully adopted financial record-keeping …


Exploring Strategies For Small Business Owners Operating In A Small Town, Jacqueline Rabb Jan 2022

Exploring Strategies For Small Business Owners Operating In A Small Town, Jacqueline Rabb

Walden Dissertations and Doctoral Studies

Brick and mortar small businesses are the hubs of many small towns. However, some small business owners lack strategies to operate in a small town impacted by unstable economic conditions. Brick and mortar small business owners may experience a higher risk of failure if strategies to overcome the challenges of operating in a small town are not effectively implemented. Grounded in the contingency theory, the purpose of this qualitative multiple case study was to explore strategies some brick and mortar small business leaders could implement for survival in a post-recession, small-town economy. The participants comprised three small business owners in …