scholarly journals Small Business Success or Failure Prediction: A Comparative Study in Ghana and Israel

2019 ◽  
Vol 21 (3) ◽  
Keyword(s):  
Small Business ◽  
Comparative Study ◽  
Failure Prediction ◽  
Business Success ◽  
Small Business Success

Entrepreneurship success factors: an empirical investigation in Sri Lanka

2016 ◽  
Vol 12 (2) ◽  
Author(s):  
Robert N Lussier ◽  
Chamara Bandara ◽  
Shaike Marom
Keyword(s):  
Sri Lanka ◽  
Small Business ◽  
Product Life Cycle ◽  
Design Methodology ◽  
Emerging Market ◽  
Failure Prediction ◽  
Developed Countries ◽  
Business Success ◽  
Small Business Success ◽  
Practical Implications

Purpose To investigate small business success versus failure prediction variables in the emerging market of Sri Lanka. Design/methodology/approach Survey research was used to collect data in Sri Lanka with a sample size of 450 small businesses (200 failed and 250 successful) based on 10 of the 15 Lussier success versus failure prediction model variables. Findings The results reveal significant differences between all 10 successful and failed variables tested. Practical implications The findings indicate that small business owners and managers can benefit from starting their business with adequate capital, by maintaining good records with financial control, having prior business and management experience, developing a business plan, having higher levels of education, being able to staff the business, starting the business during the early stages of the product life cycle, having partners, and having marketing expertise. Originality/value This is the first major small business success versus failure study conducted in Sri Lanka. Results support the Lussier model’s validity in Sri Lanka, reinforcing its global validity and moving toward a theory; while demonstrating similarity to those in other economies. There is no accepted theory of success vs failure, thus this study is a foundation for further research and comparisons between developed countries and emerging markets.

Small business success

1989 ◽  
Vol 7 (2) ◽  
pp. 221-222
Author(s):  
Martin G. Houghton
Keyword(s):  
Small Business ◽  
Business Success ◽  
Small Business Success

Gender and Small Business Success: An Inquiry into Women's Relative Disadvantage

Social Forces ◽  
1991 ◽  
Vol 70 (1) ◽  
pp. 65-85 ◽  
Author(s):  
K. A. Loscocco ◽  
J. Robinson ◽  
R. H. Hall ◽  
J. K. Allen
Keyword(s):  
Small Business ◽  
Business Success ◽  
Relative Disadvantage ◽  
Small Business Success
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