The major complications with the pursuit of business ownership are
the significant risks involved. As a result, there are a
significant number of small business failures. Notably, a
remarkably large percentage of people who begin the start-up
process terminate it less than one year later. Of those that
survive, many are unable to achieve sustained growth and profits.
Small-to-medium business enterprises (SME) have a 50% chance of
surviving five year or more. There are many variables of risk that
influence the survival of a business enterprise. There are five
critical forces of entrepreneurial risk: (a) personal
characteristics, (b) intangible operations, (c) enterprise
operations, (d) market climate, and (e) business environment.
Building on key theoretical concepts grounded in economics
literature such as endogenous and exogenous risks, this research
focuses on examining the five forces of entrepreneurial risk
associated with small business failure.
General
Imprint: |
VDM Verlag
|
Country of origin: |
Germany |
Release date: |
March 2011 |
First published: |
March 2011 |
Authors: |
D. Anthony Miles
|
Dimensions: |
229 x 152 x 14mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
240 |
ISBN-13: |
978-3-639-33790-7 |
Categories: |
Books >
Business & Economics >
Business & management >
General
|
LSN: |
3-639-33790-5 |
Barcode: |
9783639337907 |
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