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Full-Text Articles in Business
Financial Strategies Of Small Businesses To Gain Access To Capital, Atta Boateng Owusu
Financial Strategies Of Small Businesses To Gain Access To Capital, Atta Boateng Owusu
Walden Dissertations and Doctoral Studies
In the United States, total small business outstanding loans declined by 2.5 % in 2013, compared to a 10.4% increase in 2012. Scholars and business practitioners have indicated that small business entrepreneurs experience constraints in accessing capital to grow their businesses. Many small firm owners lack the financial strategies for gaining access to capital to sustain their businesses. Building on system functionality theory, the purpose of this exploratory multiple case study was to explore the financial strategies among 3 purposefully-selected small business owners in Washington DC metro area who successfully overcame the financial constraints. Six themes emerged from the thematic …
The Relationship Between A Cfo's Financial Expertise And Firm Profitability, Scott Jeremy Rubin
The Relationship Between A Cfo's Financial Expertise And Firm Profitability, Scott Jeremy Rubin
Walden Dissertations and Doctoral Studies
More than 50% of small businesses fail by the 5th year of operation because of lack of economic sustainability. Organizations without a chief financial officer (CFO) with financial expertise may have suboptimal fiscal performance. The purpose of this correlational study was to examine whether there was a relationship between CFO licensure status, CFO age, and firm earnings per share. A sample of 403 small businesses in the United States, taken from the Russell 2000 Index, was used in the study. The theoretical framework for the study was Penrose's resource-based view of the firm. CFO names and firm earnings per share …
Retail Big-Box Development And Small Business Strategy At The Local Level, Katherine F. Kem
Retail Big-Box Development And Small Business Strategy At The Local Level, Katherine F. Kem
Walden Dissertations and Doctoral Studies
The big-box superstore has created a dramatic effect on the retail landscape since its appearance in 1962. As big-box stores proliferate, small business owners continue to struggle with how to compete. The purpose of this multiple case study was to identify and explore strategies small business owners use to maintain or grow profit margins post big-box store market entry. The sample consisted of 5 small business owners in Kansas City, Missouri who survived the entry of the big-box store for at least 1 year. The conceptual framework was the general systems theory and systems thinking. Data were collected using semistructured …
Small Business Profitability Strategies During Retail Gentrification, Jalysa Smith
Small Business Profitability Strategies During Retail Gentrification, Jalysa Smith
Walden Dissertations and Doctoral Studies
Small business owners can suffer fluctuations in profitability during the entrance of big box stores within their neighborhood that grab market share with more recognizable brands and change the retail environment. A multiple case study was completed to explore the strategies small business owners use to stay profitable during retail gentrification, looking specifically at the neighborhoods of Adams Morgan and Congress Heights in Washington, DC. Porter's five forces and the resource-based view served as the conceptual framework for the study. Seven small business owners with over 80 years of experience in their locations provided input through semistructured interviews and identified …
Strategies Using The Affordable Care Act With Small Businesses In Northeastern Ohio, Donald White
Strategies Using The Affordable Care Act With Small Businesses In Northeastern Ohio, Donald White
Walden Dissertations and Doctoral Studies
Small business owners with 50 to 100 employees in the physical and mental health care industry face a primary challenge of implementing health insurance under the Patient Protection and Affordable Care Act (ACA) while sustaining their business. The purpose of this multiple case study was to explore the strategies small business owners use to provide health insurance coverage under the ACA and sustained business operations. Semistructured interviews took place in Northeastern Ohio with 3 business owners in the physical and mental health care industry to acquire health care without increasing service cost. The conceptual framework for this study was strategic …
Small Business Marketing Strategies For The First 5 Years, Shiina Pai
Small Business Marketing Strategies For The First 5 Years, Shiina Pai
Walden Dissertations and Doctoral Studies
Small businesses have an integral role in the U.S. economy and represent 99.7% of all employers in the United States; however, approximately 50% of small business start-ups fail within the first 5 years. Developing and implementing a well-formulated marketing strategy is critical to the success of business because a marketing strategy provides long-term benefits for a company's financial performance and increases the survival rate. The objective of this case study was to explore the marketing strategies that small retail business owners use to sustain their businesses for the first 5 years. The population was 5 successful retail-based small business owners …
Small Business Participation In Federal Set-Aside Contracting, Steven R. King
Small Business Participation In Federal Set-Aside Contracting, Steven R. King
Walden Dissertations and Doctoral Studies
In the United States, 99.9% of small businesses, which account for two-thirds of new jobs annually, do not participate in the federal set-aside program. Half of all small businesses will not survive their first 5 years. The purpose of this multiple case study was to explore strategies that U.S. small business leaders operating within the greater Colorado Springs metro area used to participate successfully in the federal contracting set-aside program. Von Bertalanffy's systems theory grounded the study. Data collection included semistructured interviews with an intensity purposeful sampling of 3 small business leaders participating successfully in the federal contracting set-aside program …
Strategies For Effective Financial Management In Vincentian Small Businesses, Kishore Nalin Shallow
Strategies For Effective Financial Management In Vincentian Small Businesses, Kishore Nalin Shallow
Walden Dissertations and Doctoral Studies
The lack of strategies for effective financial management has been an impediment to the survival and growth of many small businesses in Saint Vincent (St. Vincent), an island in the Caribbean. Inadequate adoption of strategies by small business owners is a prime contributing factor to small business failure. The purpose of this research was to identify strategies that small business owners use for effective financial management. Institutional theory served as the conceptual framework for this multiple case study. Participants consisted of 4 St. Vincent small business owners who had demonstrated effective financial management strategies in the operation of their businesses. …
Addressing Challenges Faced By Small Business Immigrant Entrepreneurs In Houston, Texas, Yahya Alghafir
Addressing Challenges Faced By Small Business Immigrant Entrepreneurs In Houston, Texas, Yahya Alghafir
Walden Dissertations and Doctoral Studies
Immigrant entrepreneurs play a significant role in the economic development of the United States. However, some small business immigrant entrepreneurs are less successful than small business nonimmigrant entrepreneurs. The purpose of this multicase study was to explore the strategies some small business immigrant entrepreneurs use to sustain and grow their businesses profitably. Using a purposeful sampling technique, the population for this study consisted of 5 small business immigrant entrepreneurs having sustained and grown businesses for a minimum of 5 years in Houston, Texas. The conceptual framework that grounded this study was a combination of Barney's resource-based theory and the Light's …
Capitalization Strategies For Small Business Sustainability, Richard Basch
Capitalization Strategies For Small Business Sustainability, Richard Basch
Walden Dissertations and Doctoral Studies
Over the past 15 years, privately held small businesses generated nearly two-thirds of the net job growth in the United States, yet much of what scholars know regarding the capitalization challenges faced by small businesses is limited to data from large corporations. In 2013 alone, business bankruptcies numbered 33,212, and each year approximately 10% to 12% of U.S. small businesses close. Ineffective capitalization strategies coupled with a limited understanding of funding options frequently results in unsustainable business practices. In this multiple case study, the capital budgeting theory was utilized to explore the capitalization strategies small business owners in the greater …
Strategies Of Small Business Owners To Acquire Federal Government Contracts, Delores Ann Tyms
Strategies Of Small Business Owners To Acquire Federal Government Contracts, Delores Ann Tyms
Walden Dissertations and Doctoral Studies
Small business owners are not acquiring U.S. federal government contracts at the government established target rate. The government's small business procurement goals remain unmet, which represents an underutilized source of revenues for many small business owners. The purpose of this multiple case study was to explore strategies of 3 small business owners operating in the Washington, D.C., metropolitan area to acquire federal government contracts to increase profitability. The thematic findings were in the context of the resource-based view as the conceptual framework. The participants answered questions in semistructured interviews and provided organizational documents for review. Triangulation of multiple data sources …
Perceptions Of Organizational Change Among Minority Owners Of Small Businesses, Chad E. Walizer
Perceptions Of Organizational Change Among Minority Owners Of Small Businesses, Chad E. Walizer
Walden Dissertations and Doctoral Studies
Small businesses continue to be a dominant portion of the global economy, and their owners need to understand how they can effectively make organizational changes, including implementing sound decision-making processes and innovation, as well as competing with much larger businesses. Minority small business owners have a particular need for organizational change because of their limited financial opportunities in relation to their nonminority counterparts. The purpose of this phenomenological study was to examine how minority small business leaders in the food service industry in south central Pennsylvania experience and perceive organizational change. Organizational change theory, contingency theory, and situational theory provided …
Succession Planning In Family-Owned Businesses, Daisy Chesley
Succession Planning In Family-Owned Businesses, Daisy Chesley
Walden Dissertations and Doctoral Studies
Many family-owned businesses lack strategies regarding succession planning. Succession planning is a company's way of embracing the future. The majority of U.S.-based family-owned businesses do not survive to the second generation, and only 3% of family-owned businesses make it past a third generation. This descriptive case study explored strategies that 4 leaders of a family-owned financial business in the Washington, DC area use to prepare future generations to assume leadership roles in their company. The theory of family systems and the theory of organizational and business development were the conceptual frameworks for this study. In-depth interviews with purposively selected members …
Relationships Between Critical Business Performance Variables And Solo Criminal Law Practitioners Success, Renee Norris-Jones
Relationships Between Critical Business Performance Variables And Solo Criminal Law Practitioners Success, Renee Norris-Jones
Walden Dissertations and Doctoral Studies
Growing numbers of America's 1,281,432 active licensed attorneys open their own law firms due to strained employment opportunities. With 50% of small businesses failing within 5 years, and solo law offices accounting for 75% of attorneys in private practice, there is a need for preparing solo criminal law practitioners for business success. Some solo criminal law practitioners do not understand the critical business performance variables that impact small business success. The total population for this quantitative correlational study included solo criminal law practitioners from the Philadelphia Bar Association Legal Directory and Pennsylvania Association of Criminal Defense Lawyers members. Barney's resource-based …
Exploring Strategies Microenterprise Owners Use To Succeed In Business Beyond 2 Years, Dr. Tamika Ebony Haynes
Exploring Strategies Microenterprise Owners Use To Succeed In Business Beyond 2 Years, Dr. Tamika Ebony Haynes
Walden Dissertations and Doctoral Studies
In the United States, microenterprises, critical segment of the small business population, accounts for 110 million small businesses that source new jobs. Despite the increase in the number of created businesses in the U.S., more than 70% of microenterprise business owners are unsuccessful after 2 years. The multiple case study included 6 participants living in Houston, Texas, and intended to explore business strategies microenterprise event management owners used to succeed in business beyond 2 years. The conceptual framework that grounded the study was the 5-stage small business growth model and the 5-stage of the evolution of entrepreneurship theory. The data …
Strategies To Reduce Voluntary Employee Turnover In Small Retail Businesses In Jamaica, Georgia Justus
Strategies To Reduce Voluntary Employee Turnover In Small Retail Businesses In Jamaica, Georgia Justus
Walden Dissertations and Doctoral Studies
Voluntary employee turnover destabilizes small retail businesses and is a costly business problem for small retail business owners. Some small retail businesses experience voluntary employee turnover of up to 50% annually. Guided by Herzberg's 2-factor theory, the purpose of this multiple case study was to explore successful strategies used to reduce voluntary employee turnover. The target population consisted of 3 small retail business owners in Kingston, Jamaica. Data were collected from semistructured interviews and member checking, and human resource (HR) manuals containing HR policies and procedures. Data were analyzed into emerging themes using Yin's 5-step method. Based on the analysis …
Business Strategies For Small Business Survival, Betty Wong Lum
Business Strategies For Small Business Survival, Betty Wong Lum
Walden Dissertations and Doctoral Studies
Small business owners play a leading role in the United States economy by creating jobs and driving innovation. However, half of all new small business owners close their doors before their 5th anniversary. Following the entrepreneurship theory, the purpose of this multiple case study was to explore what strategies 5 small business owners in the food and beverage industry in the San Francisco Bay area used to survive beyond 5 years of operation. Data sources included semistructured interviews and company documents. Data analysis included descriptive and process coding of the data and use of NVivo to identify themes. Based on …