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Strategies to Sustain a Real Estate Small Business in Postnatural-Disaster AreaMiranda, Vianka 01 January 2019 (has links)
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 of the findings of this study for social change include identification of effective strategies for increasing the sustainability of small businesses in the real estate industry through implementation of proven business continuity strategies that might help keep communities intact, reestablish commerce, and contribute to regional economic sustainability in the aftermath of a natural disaster.
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Success Strategies Saudi Entrepreneurs Used to Navigate Through Regulations in JeddahSpencer, Farah Mehar 01 January 2016 (has links)
Saudi Arabian entrepreneurs face major difficulties with the country's complex regulatory system. Based on Schumpeter's theory of entrepreneurship, the purpose of this phenomenological study was to reveal the lived experiences of Saudi entrepreneurs in navigating regulatory procedures in Jeddah. Data were collected through prolonged, face-to-face phenomenological interviews with 22 Saudi businesspeople who started successful businesses. The van Kaam method and member checking helped validate the transcribed data, which were subsequently coded into 4 themes. Four themes emerged from the data analysis: (a) obstacles in regulatory processes, (b) lack of information, (c) cumbersome procedures and need for alternatives to stringent protocols, and (d) persistence strategies needed to maneuver through inflexible regulations. For entrepreneurship progress among these individuals, business rules needed to be comprehensible, shorter, and less bureaucratic. These findings also suggest that, once entrepreneurship rules are transparent, Saudi Arabia may become a choice country for international businesses. These findings have implications for positive social change by informing the efforts of governmental authorities in their work towards effective regulatory processes as roadways to the economic well-being of businesses and communities, and could be a catalyst to boost foreign investments in the country.
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Entrepreneurship Growth During a Recessionary PeriodIgwedibie, Ralph Ndubuisi 01 January 2018 (has links)
Small business entrepreneurs in the United States often struggled or went out of business during the recession of 2007-2009. The purpose of this phenomenological study was to explore the strategies entrepreneurs needed to grow their businesses during a recessionary period. The conceptual framework for the study was effectuation theory. The population consisted of small business entrepreneurs whose businesses survived the recession of 2007-2009 in Atlanta, Georgia. Data were gathered through semistructured interviews with 20 participants. Data organization and thematic analysis involved coding interview data and using software to categorize themes and subthemes. Major themes that emerged from the study included specification of characteristics of entrepreneurs, approaches to customer acquisition and retention, and decision making strategies. The findings might contribute to social change by adding to entrepreneurship literature and potentially leading to the development of resilient and adaptive entrepreneurs. Small business entrepreneurs who can sustain profitability during economic downturns benefit the community by providing jobs.
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Sustainability Strategies for Small and Medium-Sized Enterprises in ZimbabweMajukwa, Donnemore 01 January 2019 (has links)
Zimbabwe's entrepreneur owners of small and medium enterprises (SMEs) comprise approximately 94% of business owners but contribute only 50% of the country's gross domestic product. Entrepreneur owners play an important role in strengthening Zimbabwe's economy because they create approximately 60% to 80% of employment opportunities. The purpose of this multiple case study was to explore the strategies owners of SME in Zimbabwe use to sustain their businesses. The population consisted of 5 owners of SMEs who have successfully implemented the strategies to sustain their businesses for over 5 years. The general systems theory was the conceptual framework of the study. Data were collected using semistructured interviews and review of company financial documents. Member checking and methodological triangulation were used to enhance the credibility and trustworthiness of the findings of the study. The data analysis process was conducted using Yin's 5-phases of qualitative data analysis. Four themes emerged from data analysis, including passion and dedication, quality of products and services, customer satisfaction, and employing staff with the right skills. The results of the study could lead to positive social change for SMEs and the communities by helping owners of SME to create growth strategies, increase revenues for the country, and create long-term employment opportunities for the communities. The findings from the study could catalyze positive social change by improving workforce capabilities, creating awareness of the success of entrepreneurs in Zimbabwe, and increasing the interest of financial institutions in lending to SMEs.
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Behaviors Contributing to Native American Business SuccessBolin, Stacey 01 January 2015 (has links)
Native Americans start fewer businesses than do other U.S. populations, and the receipts and employment of those businesses are 70% lower than the U.S. average. However, little knowledge exists concerning Native American (NA) business success. The purpose of this quantitative study was to examine the likelihood that attitudes toward entrepreneurship, subjective norms, and perceived behavioral control predict business success amongst NA business owners. Understanding the factors that contribute to NA business success is imperative to developing best practices for business owners and business support agencies. The theory of planned behavior served as the theoretical framework for this study. Of the 550 invited NA business owners registered within a single tribe in the South Central United States, 79 participated in this study. A binary logistic regression analysis produced conflicting results: significant goodness-of-fit yet insignificant individual predictors. Information obtained from this study could assist NA and other underdeveloped business populations with understanding factors influencing entrepreneurial endeavors; however, readers must interpret findings with caution because of conflicting logistic regression results. NA business formation and success could enhance economic prosperity and decrease unemployment in NA communities.
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Small Retail Business Owner Strategies Needed to Succeed Beyond 5 YearsSolis, Colonel Jaime 01 January 2016 (has links)
Small businesses accounted for 99% of the firms in private industry, provided 38% of the goods and services sold in the United States, and hired 55% of the labor force each year between 2012 and 2015. From 1993 to 2013, small firms accounted for 63% of new work generated while more than 50% of U.S. small businesses failed inside of 5 years and at least 20% failed during the first year. The purpose of this multiunit case study was to explore the strategies small retail businesses used to achieve sustainability beyond 5 years in a purposefully selected county in Virginia. The conceptual framework combination of entrepreneurship theory and spillover knowledge theory served to focus this case study on the exploration of economic strategies owners used to succeed in business. Purposeful sampling was used to identify 4 small retail business owners who had achieved sustainability beyond 5 years. Methodological triangulation combined company financial records, synthesized transcribed interview data and reflective notes. The Van Manen method was used to perform data analysis using responses from face-to-face open-ended questions. Participants concurred with the transcribed summaries via member checking. Manual coding resulted in six themes related to small retail business sustainability including motivation, management practices, application of active leadership principles, sustaining positive energy, owner dedication and passion, and identifying and understanding employee values. Social change may be affected by the contributions to small firm strategies about profitability, sustainability, and success, and could influence enterprise and employee prosperity, improve family economic health, and strengthen local community markets.
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Strategies Nonprofit Leaders Use to Achieve Financial Stability Through Sustainable FundingColemon, Jerel Lynnette 01 January 2019 (has links)
Leaders of nonprofit organizations fail to achieve financial stability to meet their mission and vision without sustainable funding. The achievement of fiscal sustainability is the most pressing challenge facing the nonprofit sector. Through the lens of the balanced scorecard model, the purpose of this multiple case study was to explore strategies that nonprofit organization executive leaders used to secure sustainable funding for financial stability. Data were collected from semistructured interviews with 5 executive directors of nonprofit organizations in Ohio and a review of their organizational documents relevant to sustainable funding. Data were analyzed using Yin's 5-step process for analysis. The 3 emergent themes resulting from data analysis were a sustainable programming strategy, a relationship collaboration strategy, and a donor commitment strategy. The findings of the study indicated that leaders of nonprofit organizations secure sustainable funding for financial stability through effective programming to fulfill their mission, developing collaborative relationships with internal and external stakeholders, and improving donor commitment to receive funding through reoccurring donations and endowment sources. Leaders of nonprofit organizations could use the findings of this study to provide comprehensive services that result in improved living and economic conditions in the communities they serve through implementing strategies for sustainable funding to meet the mission of their organizations.
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Strategies to Sustain Small and Medium-size Manufacturing Enterprises in JamaicaBlake, Hugh Anthony 01 January 2018 (has links)
Jamaica's small and medium-sized enterprises (SMEs) have a high failure rate. In 2016, the Global Entrepreneurship Monitor (GEM) recorded Jamaica's SME start-up rate at 4.06% and the discontinuance rate at 9%. The purpose of this qualitative descriptive multiple case study was to explore the strategies some Jamaican SME owners used to achieve business sustainability in the manufacturing sector for longer than 5 years of operation. The conceptual framework used was the entrepreneurship theory, which provided insights into business sustainability. A purposive sample of 5 owners of SMEs who had achieved business sustainability in the manufacturing sector for longer than 5 years of operation were the participants in this study. Semistructured interviews of participants and review of company documents produced in-depth insights into the strategies they used to achieve business sustainability. Coding keywords, sentences, and ideas from the interviews and company documents and categorizing them was the approach taken for data analysis, using methodological triangulation. The themes from the study were entrepreneurial characteristics, competitive advantages, resource management, customer relationship management, quality management, and marketing. Implications for social change include the potential to provide strategies that support SMEs' business sustainability and lead to greater job creation and ultimately the Jamaican government's ability to fund social projects.
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Quality of Life Among Entrepreneurs With Chronic Fatigue SyndromeKesler, Brittany 01 January 2018 (has links)
The impacts of chronic fatigue syndrome (CFS) are far reaching, resulting in many burdens in the individual lives of CFS patients. One notable challenge lies in the inability to participate in the workforce due to associated physical, mental, and emotional symptoms. Previous research indicates that alternative employment options may help to overcome work related barriers presented with various types of chronic illness. Entrepreneurship is one path to working that offers many benefits, including autonomy, flexibility of work schedule, choice of work environment, and control. Questions though remain as to whether entrepreneurship enhances QOL or exacerbates symptoms among individuals with CFS. This interpretive descriptive study investigated the lived experiences of individuals diagnosed with CFS who have pursued a path of entrepreneurship. A semistructured interview was used to gather the 12 participants' descriptions of their history of living with CFS while working as entrepreneurs. The interviews were coded and analyzed to extract overarching themes. Results included the ways in which participants were transformed as a result of having CFS, their experiences of living with CFS and being self-employed, and the interpersonal factors that arose in connection with these experiences. This study served to shed light on the challenges involved in being self-employed while living with CFS, how being self-employed affected participants' quality of life both positively and negatively, and how participants interpret these changes. The findings of this study have the potential to set the stage for future qualitative and quantitative research that would provide more support in terms of tangible action when it comes to employment options for individuals living with CFS.
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Technological Factors for the Sustainability of the Small Business EntrepreneurPessu, Noghor 01 January 2015 (has links)
Technical innovation creates challenges for the small business entrepreneur who uses global activities in the marketplace. Information technology and the technological innovations of the World Wide Web are driving competitiveness in the marketplace with a loss of market share for the individual business owner. The purpose of this phenomenological study was to explore the lived experiences and perceptions of a purposive sample of 20 small business owners in the metropolitan Atlanta area regarding the effect of technology, technological insertion, and application for long-term sustainability. Rogers's diffusion of innovations theory served as the conceptual framework of this study. Data were gathered through face-to-face, semistructured interviews. After analyzing the interview transcripts using inductive analysis, 6 major themes emerged. The themes include the forces that drive the introduction of technology, types of technology used to reach potential and existing customers, most commonly used and implemented types of technology, the beliefs and values on the use of technology, the obstacles that inhibit the use of technology, and the competitive advantage of the use of technology for the small business entrepreneur. The implications for positive social change include the potential for growth and sustainability for the small business entrepreneur leading to stronger economies and job creation in local communities and nationally. Small business owners may use the findings to implement technology insertion strategies contributing to long-term sustainability initiatives. These findings may also inform scholars of business management and entrepreneurship regarding the effect of technology, technological insertion, and application for long-term sustainability.
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