Internal Factors Affecting the Successful Growth and Survival of Small and Micro Agri-business Firms in Alice Communal Area

Hove, Progress; Chikungwa, Tarisai

doi:10.1080/09765239.2013.11884965

Cited by 32 publications

(34 citation statements)

References 2 publications

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“…The equipping of SME business owners with relevant entrepreneurial skills increase the chances of success of the firms. Most SME business in South Africa fail due to lack of relevant entrepreneurial skills (Hove, 2013). Based on H4, it is recommended that financial institutions in South Africa target SMEs that seek to boost business performance through gaining market share from competitors through affordable Islamic banking financial services.…”

Section: Conclusion and Recommendationsmentioning

confidence: 99%

“…Secondly, banks such as ABSA and FNB in South Africa can also earn profits under the Islamic banking system by buying assets on behalf of their clients and reselling these to their clients at a profit (Suleman 2011). Despite the rise in importance and implementation of the Islamic banking system in South Africa, SMEs continue to weaken and perform poorly (Hove & Chikungwa, 2013). Hence, this study seeks to uncover the impact of Islamic banking's zero interest loans as well as profit and loss sharing systems on the entrepreneurial motivation of SME owners/managers in South Africa.…”

Section: Introductionmentioning

confidence: 99%

“…The contribution of SMEs towards employment creation, productive utilization of capital and financial resources, wealth creation, innovation development and poverty alleviation worldwide has become indisputable (Memba, Gakure, Karanja, 2012;Aremu & Adeyemi, 2011) Yet, for SMEs access to capital remains the most commonly cited challenge mainly due to lack of collateral security to secure bank loans for startup capital (Hove & Chikungwa, 2013;Fatoki & Garwe, 2010). For those that manage to secure the bank loans, it is reported that their growth get stunted, and thus perform poorly as a result of the interests charged on their bank secured loans for startup capital (Fatoki & Garwe, 2010).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Impact of Islamic Banking on Entrepreneurial Motivation, Firm Competitiveness and Performance in South African Small and Medium Enterprises

Hove¹,

Sibanda²,

Pooe³

2014

MJSS

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Section: Conclusion and Recommendationsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The Impact of Islamic Banking on Entrepreneurial Motivation, Firm Competitiveness and Performance in South African Small and Medium Enterprises

Hove¹,

Sibanda²,

Pooe³

2014

MJSS

Self Cite

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“…Four items measuring the level of financial resources were adapted from Cook and Nixson (2000). Based on Hove and Tarisai (2013), four items measuring technology usage were adapted. They measured the extent of information technology usage in processing business transactions, and communicating with suppliers and customers.…”

Section: Measure Of Constructsmentioning

confidence: 99%

The Impact of Internal Factors on Small Business Success: A Case of Small Enterprises Under the Felda Scheme

Radzi¹,

Nazri²,

Ali³

2017

AAMJ

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This study attempts to identify the antecedents of business success in the Malaysian perspective, with particular reference to small businesses under the Federal Land Development Authority (FELDA) scheme. Cross sectional data were collected from 199 small businesses operating under the (FELDA) scheme via questionnaire. The data collected were analysed using partial least square method. The empirical results indicated that only entrepreneurial competency and technology usage are related to successes of small businesses. However, this study found insufficient empirical evidence to support the relationship between marketing capability, financial resources, knowledge sharing, and business success. As this study was confined to the small businesses under the FELDA scheme, this provides valuable findings by uncovering the differences among the critical success factors due to the different reasons for formation of the small businesses. The insights gained from this study could facilitate industry practitioners to develop comprehensive business strategies and effective institutional policies to maintain the global competitiveness of small businesses under the FELDA scheme.

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“…Despite the fact that many SMME support programmes exist, SMMEs in South Africa continue to experience a high failure rate (Hove and Tarisai, 2013). It is generally known that about 75% of new start-up SMMEs in South Africa eventually fail.…”

Section: Literature Reviewmentioning

confidence: 99%

The perceived value of advice given to SMMEs at events: catalyst for action or despondency?

Cant¹

2016

Problems and Perspectives in Management

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The growth of the economy of many countries is dependent on the survival and growth of SMMEs as these businesses are the ones on which the hopes for job creation and poverty alleviation rests. To this end, many institutions – government and private – are investing resources to try and stimulate this sector and enhance their chances of success and sustainability. In order to achieve this, these institutions use a range of initiatives and services to stimulate and upskill SMMEs. Not only do they focus on standard services such as mentoring, counselling, and services such as for instance marketing material development, business and marketing plans, financial planning, etc., but from time to time, they also offer specific interventions with specific themes to generate interest from entrepreneurs. The main purpose of this study was to establish whether SMMEs and entrepreneurs value the information and advice they receive at events of value and usable. Keywords: SMMEs, despondency, perceived value. JEL Classification: M1

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Internal Factors Affecting the Successful Growth and Survival of Small and Micro Agri-business Firms in Alice Communal Area

Cited by 32 publications

References 2 publications

The Impact of Islamic Banking on Entrepreneurial Motivation, Firm Competitiveness and Performance in South African Small and Medium Enterprises

The Impact of Islamic Banking on Entrepreneurial Motivation, Firm Competitiveness and Performance in South African Small and Medium Enterprises

The Impact of Internal Factors on Small Business Success: A Case of Small Enterprises Under the Felda Scheme

The perceived value of advice given to SMMEs at events: catalyst for action or despondency?

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