This thesis deals with the design of a business plan for the establishment of small regional language schools. On the basis of theoretical knowledge, analysis of the current market situation and further analysis, proposes a solution which will enable us successful market entry. Financial plan drawn up as part of this work demonstrates the viability of the project.

The high failure rates of new business ventures (NBV) negatively affect employment and potential contributions to the economic health of communities. The high NBV failure rate is essential, as NBV sustainability influences job creation and increases employment rates in communities surrounding the NBV. The purpose of this qualitative single case study, using the effectuation conceptual framework, was to explore strategies organization leaders in the state of Missouri used for sustaining NBV operations beyond 5 years. The sample consisted of 6 NBV consultants from a single Missouri NBV consulting firm who have sustained NBVs beyond 5 years. The 6 NBV consultants answered standardized open-ended questions via semistructured interviews. Documentation served as a second data collection source. Data analysis included Yin's 5-step process, a thematic analysis by coding interview text, reducing themes based on redundancies, and combining common themes. The data revealed mindset as a meta-strategy and included three subordinate themes of knowledge-based strategies, network strategies, and systems strategies. The findings from this study can benefit NBV consultants and managers to assess mindset strategies as a foundation for developing subordinate sustainability strategies. The implications for positive social change include the potential for generating tax revenues to strengthen communities and increase support of quality education, contributions to infrastructure and public service expansions, and collaborations for community partnerships.

Submitted in fulfillment of the requirements for the degree Doctor of Philosophy in the Faculty of Humanities School of Social Sciences Department of Anthropology, University of the Witwatersrand, August 2017 / This study engages with recent works on entrepreneurship and microfinance in the developing world as it seeks to understand youths’ interactions with microfinance initiatives in a specific African context. Using the case of urban Dar es Salaam in Tanzania, I apply the theory of value to question the notion that ‘entrepreneurship’ can be separated from other aspects of cultural and social lives in the community. By providing business grants and entrepreneurship training, microfinance institutions assume that youth from poor backgrounds will also be able to start their own business, sustain it and succeed financially. However, this relationship is not well established and need to be further explored empirically and ethnographically. Through ethnographic observation of three material sites, namely family, market, and the project that provided a business grant to 52 secondary school graduates, I look at how youth, as potential entrepreneurs in the context of limited access to formal education and employment in urban areas, make choices on the use of money in relation to entrepreneurship investments, daily livelihoods, and future plans. The general framework that informs youth entrepreneurship programs posits that the lack of capital, skills, business knowledge and poor policy framework explains, to a larger extent, why business ventures are not successful among youth living in poverty. However, this research indicates that family dynamics, youth aspirations, belief systems, and nature of interventions programs are factors that influence youth engagements with entrepreneurship and the outcome of their business ventures. / XL2018

The objective of this study was to develop a decision making tool to determine economic feasibility of artisan cheese operations. A survey of current Oregon artisan cheese companies was used to gain knowledge of the fixed and variable costs associated with cheese production and business start-up. The data from this survey was used to design a business model within Microsoft Excel 2010 that effectively describes the business environment in which an artisan cheese company could exist. Economic feasibility was determined through net present value (NPV) and Internal Rate of Return (IRR) of the investment. The model estimates size of the production and aging facilities based on production volume and cheese types produced. The application of the tool is demonstrated in this study through testing of several scenarios within each area of investigation: impact of milk pricing, cheese styles, product retail price, and geographical location of the creamery. The model also predicts the minimum product retail pricing necessary to ensure a positive NPV of the potential venture at several sizes of production and across several different styles of cheeses. / Graduation date: 2012

Submitted in fulfilment of the requirements for the degree of Masters of Technology: Fashion at the Durban University of Technology, 2013. / Due to the high levels of unemployment in Durban South Africa, the New Venture Creation (NVC) groups I coached/mentored were seeking to become self-employed, to find social and economic independence. I have observed that many of the people in my NVC groups seemed to lack, self-confidence and self-esteem in the start-up process of their business. These lacunae pose a problem, as they are all necessary if one wants to create a viable, sustainable and profitable business. The reason that I coach these emerging entrepreneurs is to assist in building their self-confidence and self-esteem so that they have the courage to “go for it”. The problem I have sought to address in this research is: How do I influence emerging entrepreneurs to become sufficiently self-confident to be able to design, establish and sustain their own employment and employment for others? I work on the assumption that most people have the capacity to be self-employed. I have used autoethnography with action research to describe the interventions that I initiated, report on their implementation, as well as the evolution of new perceptions and understandings that developed as a result. By using my own and the participants visual data with still images and video with visual narrative I demonstrate the evidence of my living theory and self-study to influence creative economic independence in others and reflect critically on what has been done and achieved, and critically assess the way forward. I verbally explained the ethical issue of obtaining consent to use names and photographs in my study to the participants. My explanation was followed by obtaining written consent from the five key participants and others in the pictorial data.

Employment, economic growth and self-reliance are the appetites of every country. Small enterprise development is seen as an effective solution towards this goal depending on the availability of resources. Private equity finance is one of the key resources to enterprise development in a country. International case studies have shown that private equity finance can lead to enterprise development in a country. The aim of the study is to determine the contribution of private equity finance to enterprise development in South Africa. In order to get views from other role players in the private equity finance market, questionnaires were distributed to 200 private equity finance players and the response rate was 39%. The sample size comprised 61.5% males and 38.5% females. The majority of the participants were in the age group 25–34 and constituted 53% of the respondents, whilst those aged 35–49 years constituted 35.9%. A smaller number of respondents were in the age group 18–24 and 50 and above, which both comprised 11.5% as an aggregate. The results revealed that there is a positive correlation between enterprise development and private equity capital with 83% of the respondents agreeing and strongly agreeing that the business skills and expertise brought by private equity investors increase business performance. Of the respondents, 74.4% strongly agree and agree with the notion that most Small and Medium Enterprises do need the intervention of private equity investors. It is recommended that the government, through relevant legislation, needs to promote and encourage private equity investment. Some form of private equity investment such as angel investment needs to be formalized, as is available in other countries such as the United States of America and some countries in Europe. / MBA. University of KwaZulu-Natal, Durban 2010.

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Management specialising in Entrepreneurship and New Venture Creation Johannesburg, 2017 / Existing literature indicates a positive relationship between human capital and entrepreneurial capital. This has been a dominant supported view for ages. Among other scholars, Unger, et al. (2011); Davidson and Honig (2003); still uphold the view that human capital influence entrepreneurial success to a certain magnitude. However, contemporary studies argue that although the relationship has been demonstrated for decades, some assumptions to the perception should be questioned as the world evolves over time. Unger (2011); Martin, et al. (2013), and more other scholars identify the modification of the traditional assumptions. In terms of these scholars, uncertainty remains over the magnitude of this relationship and the circumstances under which human capital is more or less strongly associated with entrepreneurial success. Consideration of fragmentation in today's study with regard to conceptualization of human capital, the choice of success indicators, the context of study provide some critical challenges to the traditional perception of consistent relationships. All these aspects provide some open gaps to be filled by research. Oostebreek, et al. (2010) sees a questionable relationship between human capital factors and entrepreneurial success, which in terms of Unger, et al. (2011) give rise for the consideration of a moderator approach to study the effects of human capital on business success in order to efficiently determine whether the stated relationships exist or not. Resourced-Based Theory (RBT) was used as theoretical framework to this study. Three main constructs and five sub-constructs have been used to formulate the conceptual model from which three hypotheses were developed and tested. Empirical studies was conducted among selected informal traders in Limpopo Province – focusing in three districts. 257 unregistered small business owners were potential respondents. A quantitative methodology was employed to collect and analyse data through survey research design. The Structural Equation Modelling (SEM) along with AMOS 23, SPSS were used as descriptive statistical tools to test the validity of the hypotheses. Both theoretical and applied implications will assist the knowledge-base of researches. Policymakers will also find the implications useful in industrial policymaking. This study provides recommendations which may assist further research and other related enquiries of academic nature. / MT2017

Thesis (M.M.)--University of the Witwatersrand, Faculty of Commerce, Law and Management, Wits Business School, 2016. / Alternative funding models for small and medium sized enterprises (SMEs) are more often than not reviewed from the perspective of the entrepreneur, in line with the need for funding in each growth phase. This research addresses the problem of funding availability for SMEs by interrogating what funding models are viable from the supply side through the growth phases of a small business in South Africa. The variables employed are loan amount advanced to the small business sector, risk appetite structures and measures, such as size, product, lending rate and sector. Using individual firm data in a cross section regression framework, the results of the study indicate a positive relationship between the size of the firm and the loan amount advanced. Evidence is presented that suggests that macroeconomic factors, such as the interest rate, do not have significant influence on lending. Further, and in confirmation of previous literature, this study indicates that there is a general lack of knowledge on how to fund small businesses in South Africa, and this research contributes to the existing literature by providing insights on the alternative models used by lenders to supply funding to SMEs. / GR2018

Submitted in the partial fulfilment for the Degree of Master of Arts in Development Studies Faculty of Humanities University of the Witwatersrand, March 2017 / The precarious existence of Uber drivers operating within Johannesburg’s metropolitan area is the primary area of study in which this dissertation has undertaken. Driver precarity, defined in the study as the loss of labour market security in various forms, is argued to stem from Uber’s sharing economy-inspired business model. The analysis of Uber’s business model, substantively focuses on the service’s dynamic pricing model of fare price setting, the implementation of a ‘rating’ system in which to evaluate driver performance and the use of ‘independent contractor’ labour. It is argued that each of these three Uber business practices place drivers in a position of precarity in the realm of their income, employment, work and job security. The study mobilises a qualitative research methodology, enlisting the methods of unstructured interviews on eight active Uber drivers, four autoethnographical observations on real-time work behaviour and document analysis to generate data for analysis. The prevailing argument made regarding Uber’s precarity-creation, is aided through a consultation of Guy Standing’s theorisation on precarity (2011), with Harvey’s flexible Accumulation theory (1990), Foucault’s Panopticism thesis (1975) and Hochschild’s emotional labour theory (1983) broadening the scope of the analysis. / XL2018

Thesis (M.M.(Finance & Investment)--University of the Witwatersrand, Faculty of Commerce, Law and Management, Wits Business School, 2017 / This study investigated whether the financial sector (private and public) is accessible to the SME’s and entry level entrepreneurs dominated by Black and poor people. The study employed a comparative analysis method; it compared the structure of the South African financial sector to those of India and Brazil, as newly industrialised countries. The finding indicates that the South African financial sector lacked the presence of state-owned financial institutions as in the comparable NCI countries to support SMEs and entry level Black entrepreneurs. The study then recommended the creation of state-owned microfinance institutions, whose performance will determine the need of state-owned banks / GR2018