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Full-Text Articles in Finance and Financial Management
Funding Strategies For Small Business Sustainability, Ayokunle O. Iyanda
Funding Strategies For Small Business Sustainability, Ayokunle O. Iyanda
Walden Dissertations and Doctoral Studies
About 50% of small businesses fail within the first five years of operation, lacking access to capital being a contributing factor. The high failure rate is of great concern to the business owners; their livelihood and employees are jeopardized. Through the pecking order theory lens, the purpose of this qualitative multiple case study was to explore strategies small business owners use to access capital to sustain the business past the first five years. Eight small business owners who successfully operated for more than five years in Georgia and Illinois participated in the semistructured interviews. Through thematic data analysis, four themes …
Strategies To Sustain A Real Estate Small Business In Postnatural-Disaster Area, Vianka Miranda
Strategies To Sustain A Real Estate Small Business In Postnatural-Disaster Area, Vianka Miranda
Walden Dissertations and Doctoral Studies
Many small real estate business leaders lack effective strategies to resume and sustain operations in a postnatural-disaster environment. This multiple case study investigated strategies that 3 small real estate business leaders in southeastern Louisiana used to resume and sustain operations in the aftermath of a natural disaster. The chaos theory and stakeholder theory were the conceptual frameworks for this study. Data were collected from semistructured interviews, and reviews of business continuity plan documents and member checking. The themes that emerged from data analysis were leaders' strategies relating to business planning and innovation, stakeholder engagement, operations management, and disaster responsiveness. Implications …
Success Strategies For Small Financial Planning Firms, Joanne H. Snider, Kevin J. Davies
Success Strategies For Small Financial Planning Firms, Joanne H. Snider, Kevin J. Davies
International Journal of Applied Management and Technology
Small Business Administration statistics indicate that 20% of small businesses fail within the first 2 years and 50% fail within 5 years. The purpose of this case study was to explore the success factors and strategies of 12 small business owners of independent financial planning firms who achieved profitability beyond 5 years. The conceptual framework was entrepreneurship theory and Porter’s five forces model of competitive strategy. The data gathering method included semistructured interviews and analysis of business artifacts such as websites and newsletters. Initial coding of the responses preceded an analysis of recurring patterns and themes. The major themes identified …
Success Factors Of Small Business Owners Of Independent Financial Planning Firms, Joanne Snider
Success Factors Of Small Business Owners Of Independent Financial Planning Firms, Joanne Snider
Walden Dissertations and Doctoral Studies
Small Business Administration statistics indicate that 20% of small businesses fail within the first 2 years and 50% fail within 5 years. The purpose of this case study was to explore the success factors and strategies of 12 small business owners of independent financial planning firms who achieved profitability beyond 5 years. A gap exists in the literature concerning such business owners, and their experiences provide valuable information to others desiring to start or maintain a financial planning business. The conceptual framework was entrepreneurship theory and Porter's 5 forces model of competitive strategy. The data were gathered via semistructured interviews …