Perceptions of small business owners on managerial skills: problems in business development in South Africa

2005 ◽  
Vol 2 (3/4) ◽  
pp. 336 ◽  
Author(s):  
Louise Van Scheers ◽  
Simon Radipere
Keyword(s):  
South Africa ◽  
Small Business ◽  
Business Owners ◽  
Business Development ◽  
Small Business Owners ◽  
Managerial Skills

scholarly journals ENHANCING MICRO AND SMALL BUSINESS OWNER MANAGERIAL SKILLS THROUGH BASIC ACCOUNTING PRINCIPLES TRAINING IN LARANGAN INDAH SUBDISTRICT, TANGERANG CITY

ICCD ◽  
2019 ◽  
Vol 2 (1) ◽  
pp. 591-594
Author(s):  
T Herry Rachmatsyah ◽  
Paiman Rahardjo ◽  
Franky Franky ◽  
Rahayu Rahayu
Keyword(s):  
Small Business ◽  
Business Owners ◽  
Small Business Owners ◽  
Managerial Skills ◽  
Audiovisual Aids ◽  
Accounting Principles ◽  
Efficiency And Effectiveness ◽  
Post Test ◽  
The Right ◽  
Evaluation Of Learning

Many micro and small business owners do not carry out accounting properly because they do not have a good understanding of basic accounting principles. Poor accounting causes the owners do not know the health of their businesses and cannot make the right decisions to improve the efficiency and effectiveness of their businesses. To help micro and small business owners improve their knowledge of accounting, Postgraduate Program, Universitas Prof. University Dr. Moestopo organized community engagement activities in the form of training in basic accounting principles. The training participants consisted of 28 micro and small business owners who were domiciled or residing in the Larangan Indah Subdistrict. The training was conducted using lecture or classroom methods. To evaluate training, the Kirkpatrick’s Model is used with evaluations carried out in the reaction and learning areas. Based on the results of evaluating the reaction using the satisfaction questionnaire, it is known that the participants showed positive reactions while based on the results of the evaluation of learning using a comparison between pre-test and post-test scores it is known that the participants experienced an increase in knowledge. The aspects that will be improved in the next training are audiovisual aids, facilities, and schedule.  

scholarly journals The perception of sponsorship usefulness among South African small business owners

2014 ◽  
Vol 11 (4) ◽  
pp. 475-488
Author(s):  
Catherine Mpolokeng Sephapo ◽  
Johannes Arnoldus Wiid ◽  
Michael Colin Cant
Keyword(s):  
South Africa ◽  
Small Business ◽  
South African ◽  
Small Businesses ◽  
Brand Image ◽  
Business Owners ◽  
Small Business Owners ◽  
Web Based ◽  
Marketing Tool ◽  
Marketing Budgets

Sponsorship is a powerful marketing tool that organisations in South Africa are embracing. From the evaluation of the sponsorship growth over the years, the industry in South Africa has developed from a R63 million industry in 1985 to the value of just under R7 billion in 2011 (City Press, 2012). Small businesses in South Africa are faced with the challenge of effectively reaching target segments. These small businesses are restricted in terms of limited marketing budgets and therefore need alternative ways of improving their brands in the eyes of the consumer. Theoretically, sponsorship is considered to improve the brand image of an organisation and ultimately improve sales. However, the question that this study aims to answer is whether small business owners perceive sponsorship to be a useful tool that even they can utilise. The study made use of a quantitative approach whereby a web-based questionnaire was distributed to small business owners. The findings indicated that the general attitude towards sponsorship as a marketing tool is positive. The correlation between sponsor sincerity and sponsorship usefulness was found positive; however, average in strength. Although sponsorship is seen as a useful tool, 15.4% of the respondents indicated that they would not consider using this marketing tool. This response may provide an opportunity for further research to be conducted which may shed some light on the strategies small business owners perceive to be most effective for their unique circumstances

scholarly journals An investigation into the personal values of small business owners in South Africa

2015 ◽  
Vol 12 (2) ◽  
pp. 610-614
Author(s):  
Olawale Fatoki
Keyword(s):  
South Africa ◽  
Small Business ◽  
Personal Values ◽  
Business Owners ◽  
Descriptive Statistics ◽  
Small Business Owners ◽  
Use Of Self ◽  
Design Data ◽  
Descriptive Research ◽  
Self Administered Questionnaire

The study investigated the personal values of small business owners in South Africa. In addition, the study examined if male and female small business owners exhibit significant differences in their personal values. The study employed the descriptive research design. Data was collected through the use of self-administered questionnaire in a survey. The study used the Schwartz Portrait Value Questionnaire. Descriptive statistics and the T-test were used for data analysis. The results indicated that self-direction, achievement, stimulation, power and security are the five most important personal values for small business owners. The results indicate that male small business owners give greater weight to self-direction, stimulation, achievement, hedonism and power. Female small business owners give greater weight to universalism, conformity, tradition, benevolence, and security

scholarly journals A tax compliance risk profile of guesthouse owners in Soweto, South Africa

2019 ◽  
Vol 11 (1) ◽  
Author(s):  
Marina Bornman ◽  
Pusheletso Ramutumbu
Keyword(s):  
South Africa ◽  
High Risk ◽  
Small Business ◽  
Tax Compliance ◽  
Business Owners ◽  
Risk Profile ◽  
Research Approach ◽  
Small Business Owners ◽  
Guest House ◽  
Compliance Behaviour

Background: A conceptual framework to assess the particular tax situation of small business owners identifies three key aspects that distinguish small business owners’ perceptions of their tax obligation. These aspects are: they are likely to perceive more opportunities not to comply than employed taxpayers; they are likely to lack meaningful taxation knowledge and they are likely to frame the paying of taxes as a loss.Aim: The aim of this article was to sketch a tax compliance risk profile of guest house owners in Soweto to suggest strategies to negate those factors that may negatively influence their compliance behaviour.Setting: Tax compliance is a priority for tax administrations, especially in developing countries such as South Africa where small businesses are a high compliance risk group. Small guest houses’ income is usually variable and/or cash-based and not easily verifiable against third-party data, which creates a high risk of non-compliance.Methods: A mixed methods research approach was followed. Empirical evidence in the form of semi-structured questionnaires administered face-to-face with 23 guest house owners in Soweto was statistically and thematically analysed to compile a profile of the tax compliance risk according to the framework for tax compliance behaviour of small business owners.Results: Factors such as age, gender and tax morale show favourable results for tax compliant behaviour. However, perceptions of fairness, perceived opportunity for non-compliance, knowledge deficits, decision frames, industry, business size and social norms embrace a high risk of non-compliance for this population.Conclusion: Information pointing out the factors that could negatively influence tax compliance behaviour in this population was obtained. Strategies for empowering small business owners to comply voluntarily with their tax obligations are suggested and include, for example, taxpayer education and improved communication efforts from the revenue authority.

scholarly journals Starting Ones Own Business What Motivates Entrepreneurs?

2015 ◽  
Vol 14 (2) ◽  
pp. 237-246
Author(s):  
Y. Hefer ◽  
M. C. Cant ◽  
J. A. Wiid
Keyword(s):  
South Africa ◽  
Small Business ◽  
Online Survey ◽  
Business Owners ◽  
Motivational Factors ◽  
Small Business Owners ◽  
Survey Questionnaire ◽  
Advantages And Disadvantages ◽  
Kwazulu Natal ◽  
The Government

The purpose of this study was to determine the factors that motivate and challenge people when starting up their own small business. This paper includes the challenges that entrepreneurs encounter, advantages and disadvantages of owning ones own business, as well as highlighting the factors that are important to succeed in owning ones own business. The study was quantitative in nature and made use of an online survey questionnaire to collect data from entrepreneurs and potential entrepreneurs in KwaZulu Natal, South Africa. The results indicated that the most motivational factors include the desire to pursue a business idea and that they want to be their own boss. The results further highlighted that the main challenges for small business owners are financial in nature as well as support from the government.

Embedding Small Business and Entrepreneurship Training within the Rural Context

2012 ◽  
Vol 13 (3) ◽  
pp. 165-178 ◽  
Author(s):  
Lynne Siemens
Keyword(s):  
Small Business ◽  
Business Owners ◽  
Business Development ◽  
Small Business Owners ◽  
Entrepreneurship Training ◽  
Business Sustainability ◽  
Income Sources ◽  
Rural Business ◽  
Rural Context ◽  
Training Programmes

Rural small business owners face challenges that are not generally present in urban locations. As a result, they need training programmes that are specific to this context. This paper presents a framework for such a programme. First, the programme is based on the perspective that rural business owners are strongly motivated, but not necessarily by financial goals alone. Second, the owners must approach the issue of business development with the realization that multiple income sources may be required for business sustainability. Third, the primary resources are the owners themselves, along with their family, their business and their community – all available locally. Finally, the curriculum is delivered using examples of successful rural entrepreneurs.

scholarly journals Owners' Characteristics and the Financial Bootstrapping Strategies Used by Rural Small Businesses in South Africa

2018 ◽  
Vol 10 (4(J)) ◽  
pp. 277-286
Author(s):  
Maurice Nchabeleng ◽  
Olawale Fatoki ◽  
Olabanji Oni
Keyword(s):  
South Africa ◽  
Small Business ◽  
Small Businesses ◽  
Business Owners ◽  
T Test ◽  
Limpopo Province ◽  
Small Business Owners ◽  
Snowball Sampling ◽  
Level Of Education ◽  
Financial Bootstrapping

The purpose of this study was to examine if there are significant differences in the financial bootstrapping strategies of rural small businesses on the basis of owners' demographic characteristics (level of education and gender). The research followed a quantitative research method with descriptive research design. A sample of 104 rural small businesses participated in the survey. Data was collected through the use of self-administered questionnaires in a survey. The participants in the study were rural small business owners in Fetakgomo Municipality located in the Limpopo Province of South Africa. The study utilised the convenience and snowball sampling techniques to select the study participants. Data analysis included descriptive statistics, factor analysis and the T-test. The Cronbach alpha was used to measure reliability. The results of the T-test showed significant differences between gender and level of education and the financial bootstrapping methods used by rural small businesses. Recommendations are made to improve the awareness of bootstrapping by small business owners. 

scholarly journals The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa

2018 ◽  
Vol 10 (7) ◽  
pp. 2527 ◽  
Author(s):  
Olawale Fatoki
Keyword(s):  
South Africa ◽  
Sustainable Development ◽  
Small Business ◽  
Poverty Reduction ◽  
Small And Medium Enterprises ◽  
Business Owners ◽  
Survey Method ◽  
Small Business Owners ◽  
Medium Enterprises ◽  
The Impact

Small and medium enterprises (SMEs) have a significant role to play in a country’s sustainable development. The measures of a country’s sustainable development include economic and social factors. The sustainability of small and medium enterprises is vital to job creation, poverty reduction, and sustainable economic growth. The high failure rate of SMEs negatively impacts on South Africa’s sustainable development. The purpose of the study was to investigate the relationship between entrepreneurial resilience and the success of SMEs in South Africa. Success was measured using both organisational and individual criteria. The Connor–Davidson Resilience Scale 10 (CD-RISC 10) was used to measure entrepreneurial resilience. Data was collected from 170 small business owners through the survey method. The self-administered questionnaire method was used to collect data from the participants. Convenience and snowball methods were used for sampling. Descriptive statistics, confirmatory factor analysis, correlation, and regression analysis were used for data analysis. Cronbach’s alpha was used as a measure of reliability. The results indicated that there is a significant positive relationship between entrepreneurial resilience and individual and organisational success. Ways to enhance the resilience of small business owners in order to ensure the sustainability of SMEs are suggested.

Sign in / Sign up

Export Citation Format

Share Document