Challenges Faced By Small, Medium And Micro Enterprises In The Nkonkobe Municipality

Chimucheka, Tendai; Mandipaka, Fortunate

doi:10.19030/iber.v14i2.9114

Cited by 48 publications

(59 citation statements)

References 25 publications

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“…' [Akhona,Female,31] 'Ever since I become an entrepreneur the support I have received from the government is insufficient.' [Bongani,Male,43] These findings confirm what Chimucheka and Mandipaka (2015) found in their study that 'some small, medium and micro-enterprises are not aware of the government support or initiatives of supporting businesses'. In addition, Viriri and Makurumidze (2014) also found out that 'young people with disabilities were not aware of entrepreneurial policies in their country'.…”

Section: Resultssupporting

confidence: 74%

Entrepreneurial Barriers that are Confronted by Entrepreneurs Living with Physical Disabilities: A Thematic Analysis

Maziriri

Madinga

Lose

2017

JEBS

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Living with a physical disability can interfere with an individual's ability to participate actively in economic and social life. It is imperative to comprehensively understand the entrepreneurial barriers hindering the development of entrepreneurs living with physical disabilities. In spite of the increasing research on entrepreneurship, there seems to be a paucity of studies that have investigated the entrepreneurial barriers that are faced by entrepreneurs living with physical disabilities in South Africa. This study set out to explore the entrepreneurial barriers that are confronted by entrepreneurs living with physical disabilities. In this study, data were collected within the Sebokeng Township, which is an African township located in the Vaal Triangle, south of Johannesburg in South Africa. A qualitative research approach was used to collect data for the study. The researchers gathered qualitative data by means of semi-structured face-to-face interviews and focus groups. The analysis of the qualitative data was conducted through the use of thematic analysis. The themes that emerged from the findings include lack of equipment and machinery, discrimination, business networking, hardships in obtaining start-up capital, knowledge of support centres for entrepreneurs living with physical disabilities, and lack of education and training. Each theme was discussed individually, followed by substantiating quotes. Most respondents stressed that the barriers they face hinder the survival and growth of their ventures. The paper suggested that in order to help entrepreneurs living with physical disabilities, the South African government must formulate some schemes that are most necessary for their improvement and betterment of their life.

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Section: Resultssupporting

confidence: 74%

Entrepreneurial Barriers that are Confronted by Entrepreneurs Living with Physical Disabilities: A Thematic Analysis

Maziriri

Madinga

Lose

2017

JEBS

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“…Therefore the study assumes that corruption perception will influence SMEs decisions to invest in the Ghanaian oil and gas sector. From the on-going we proposed the hypothesis as follow, H3 = Corruption will relate negatively to SMEs WTI Policy Awareness/Institutional Support: There are numerous studies on policy awareness and institutionalization effect on SMEs growth and investment decisions (McGrath & O'Toole, 2011;Christina et al, 2014;Kilbret et al, 2015;Mohamad et al, 2015;Chimucheka & Mandipaka, 2015;Lampadarious, 2016;Gumel, 2017). A study by Christina et al (2014) examined the particular difficulties SMEs owners face.…”

Section: Inadequate Credit Facilitiesmentioning

confidence: 99%

“…There are enough reasons to suggest that when SMEs are not supplied with the necessary policy information investment would most likely be affected. There are numerous studies on policy awareness and institutionalization effect on SMEs growth and investment decisions (McGrath & O'Toole, 2011;Christina et al, 2014;Kilbret et al, 2015;Mohamad et al, 2015;Chimucheka & Mandipaka, 2015;Lampadarious, 2016;Gumel, 2017). A study Christina et al (2014) examined the particular difficulties SMEs owners face.…”

Section: Impact Of Policy Environment On Smes Wti As Interpreted Frommentioning

confidence: 99%

Applicability of theory of constraint in predicting Ghanaian SMEs investment decisions

Appiah¹,

Possumah²,

Ahmat³

et al. 2018

Journal of International Studies

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“…The literature on SMME financing has foregrounded: SMMEs' limited awareness of external funding opportunities, nascence of the African financial systems and high cost of borrowing (Beck et al, 2009); SMMEs' bureaucracy which complicates their capacity to capitalise on available funding opportunities (Lekhanya & Mason, 2014), the complexities in meeting loaning requirements (Chimucheka & Mandipaka, 2015) and limited access to financing opportunities (Schmidt, Mason, Bruwer & Aspeling, 2016). This foci on funding can be contrasted with the research on SMME human resourcing that is pre-occupied with the significance and challenge of the adoption of human resources in SMME development (Hung, Cant & Wiid, 2016); the low human resource and technological capabilities of SMMEs (Hussain, Si & Wang, 2010), and the influence of human resource management (HRM) practices on SMMEs' financial and non-financial performance (Din, Bibi, Karim & Bano, 2014).…”

Section: Problem Backgroundmentioning

confidence: 99%

Private Financing and Human Resource Practices of Small Local and Foreign-Owned Cosmetological Businesses

Rambe¹

2017

JEBS

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There exists a growing body of empirical studies that explore both the sources of small, micro and medium enterprises (SMME) funding, and the quality of their human resource practices. However, there is paucity of literature that interrogates the impact of private funding of local and foreign SMMEs on the quality of human resources. Nevertheless, the wide recognition of the economic significance of SMMEs in emerging economies and the pivotal role that funding plays in the growth of such firms suggest that the nexus between SMME private funding and human resourcing is integral to this condition and growth. As a result, the current study examined the influence of private financing of local and foreign-owned hair salon SMMEs on the quality of their human resources, in an attempt to bridge the aforementioned research gap. The study, which drew on a quantitative approach, is based on a survey conducted on 150 South African and foreign immigrant-owned hair salon businesses. The findings suggest that the private financing structure was dominated by a combination of debt and equity financing, followed by debt financing, with equity financing as the least employed funding model. The study established the significant impact that access to private equity financing has on recruitment, selection and compensation. However, the level of private debt financing, attractiveness of interest rates for private debt financing and financial value of funding from private institutions (banks) do not have any impact on human resources management practices. A major observation from the results is that, some aspects of private financing impact negatively on human resources management albeit a small effect size, which somehow raises critical questions about the popular claims that financing, contributes positively to the quality of human resources of firms.

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Challenges Faced By Small, Medium And Micro Enterprises In The Nkonkobe Municipality

Cited by 48 publications

References 25 publications

Entrepreneurial Barriers that are Confronted by Entrepreneurs Living with Physical Disabilities: A Thematic Analysis

Entrepreneurial Barriers that are Confronted by Entrepreneurs Living with Physical Disabilities: A Thematic Analysis

Applicability of theory of constraint in predicting Ghanaian SMEs investment decisions

Private Financing and Human Resource Practices of Small Local and Foreign-Owned Cosmetological Businesses

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