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Strategies To Sustain Small Accounting Businesses For Longer Than 5 Years, John Chidi Nwabueze
Strategies To Sustain Small Accounting Businesses For Longer Than 5 Years, John Chidi Nwabueze
Walden Dissertations and Doctoral Studies
Small businesses represent over 99% of all United States businesses and are engines of economic growth and job creation. In 2018, the Small Business Administration estimated that a total of 30.2 million small businesses employed over 58.9 million workers. Small businesses are known to face significant challenges, and most fail within 5 years of startup. The purpose of this multiple case study was to explore strategies that owners of small accounting businesses used to sustain their organizations for longer than 5 years. The population in this study consisted of 5 owners of small accounting businesses in Michigan. The conceptual framework …
Strategies Small Business Owners Use To Remain Sustainable, Desire Luamba
Strategies Small Business Owners Use To Remain Sustainable, Desire Luamba
Walden Dissertations and Doctoral Studies
In the United States, 41% of small retail businesses fail to succeed for longer than 5 years. The purpose of this multiple case study was to explore strategies small retail business owners used to remain sustainable for more than 5 years. The conceptual framework that grounded this study was Schumpeter's innovation theory. The sample size of this research included 4 successful retail business owners located in the southeastern region of the United States who have successfully started and managed their business activities for more than 5 years. Data were collected using semistructured face-to-face interviews with successful owners of small retail …