An exploration of factors that lead to  failure of small businesses in the Kagiso township

Mbonyane, Boysana Lephoi

dc.contributor.advisor	Ladzani, M.W.	en
dc.contributor.author	Mbonyane, Boysana Lephoi	en
dc.date.accessioned	2009-08-25T11:01:01Z
dc.date.available	2009-08-25T11:01:01Z
dc.date.issued	2009-08-25T11:01:01Z
dc.date.submitted	2006-11-30	en
dc.identifier.citation	Mbonyane, Boysana Lephoi (2009) An exploration of factors that lead to failure of small businesses in the Kagiso township, University of South Africa, Pretoria, <http://hdl.handle.net/10500/2162>	en
dc.identifier.uri	http://hdl.handle.net/10500/2162
dc.description.abstract	This study examines the factors appear to lead to the failure of small businesses in the Kagiso Township. The high failure rate can be partially attributed to the lack of support that the small, medium and micro-enterprises (SMMEs) receive from support institutions as well as to their own internal weaknesses. Strategies are recommended that will help small businesses be more successful. The study was exploratory, descriptive and qualitative in nature. Semi-structured interviews were used to gather data. Results indicated that the most common causes of business failure were lack of knowledge regarding legal matters, lack of funding and a general lack of business acumen. The study recommends that government should improve the effectiveness of its support mechanisms and that record keeping and cash flow management training is critical for SMEs. These recommendations, if applied properly, will ensure small businesses' success in Kagiso and the rest of South Africa.	en
dc.format.extent	1 online resource (vi, 60 leaves)	en
dc.language.iso	en	en
dc.subject	High failure rate of small business	en
dc.subject	Lack of government support	en
dc.subject	Lack of small business knowledge	en
dc.subject	Lack of small business commitment	en
dc.subject	General lack of business acumen/ and or funding	en
dc.subject	Small business training programme	en
dc.subject	Small businesses commitment	en
dc.subject	Government involvement	en
dc.subject	Involvement of financial institutions	en
dc.subject	Improvement of support mechanism	en
dc.subject.ddc	332.750968222
dc.subject.lcsh	Business failures -- South Africa -- Krugersdorp	en
dc.subject.lcsh	Small business -- South Africa -- Krugersdorp	en
dc.subject.lcsh	Kagiso (Krugersdorp, South Africa)	en
dc.title	An exploration of factors that lead to failure of small businesses in the Kagiso township	en
dc.type	Dissertation	en
dc.description.department	Business Management
dc.description.degree	M.Tech. (Business Administration)	en