A Study on the Influence Factors on Successful Small Business Start-Ups - Micro Credit Received from Seoul Credit Guarantee Foundation

Mitigating the Challenges of Small and Medium Enterprises in Nigeria

“…The study also found that the educational level of owners is also a factor of concern, but studies suggested there is no significant impact of the educational level of managers or owners on the success of small businesses. The finding conforms to the work of Lee, Jeon, and Na (2016) suggesting most of the adult owners of small businesses do not possess' advanced level of education, but most young owners of small businesses obtained an education at an advanced level including graduates and postgraduate levels. No matter the insignificant impact education has, the study found that education helps owners and managers to engage in critical thinking that will result in innovation and future business growth.…”

“…The talent of owners and managers in entrepreneurship help small businesses to succeed (Paik, 2013). Competence of founders/owners/managers is a factor of determining the success of small businesses (Lee, O., Jeon, J., & Na, D., 2016). The flexibility and adaptability of owners/managers to respond to the changing needs of customers to determine the success of small businesses (Blank, 2013).…”

Correlation between Financial Difficulties and Financing Strategies among Market Stallholders in Batangas City

“…This could be because whether the market stallholders are young or old, they could still be successful in business. According to Lee et al (2016) age is one of the contributing factors that influence the success of the business in Seoul, Korea.…”