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The factors influencing SME failure in South Africa
Like many developing countries, South Africa faces a great development problem relating to the high failure rate that is present among Small and Medium Enterprises (SMEs), this is due to the fact that entrepreneurs are not able to turn their businesses into sustainable venture. SMEs play a significa...
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| Format: | Thesis |
| Language: | English |
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Research of GSB
2017
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| _version_ | 1867614331255914496 |
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| access_status_str | Open Access |
| author | Leboea, Sekhametsi Tshepo |
| author2 | Ryan, Tom |
| author_browse | Leboea, Sekhametsi Tshepo Ryan, Tom |
| author_facet | Ryan, Tom Leboea, Sekhametsi Tshepo |
| author_sort | Leboea, Sekhametsi Tshepo |
| collection | Thesis |
| description | Like many developing countries, South Africa faces a great development problem relating to the high failure rate that is present among Small and Medium Enterprises (SMEs), this is due to the fact that entrepreneurs are not able to turn their businesses into sustainable venture. SMEs play a significant role is a number of economic development issues that face South Africa as a nation. The SME sector has contributed immensely to job creation, poverty alleviation and assisting in the prosperity of the nation. In addition to the above, SMEs are generally inexpensive to start and have the potential to generate massive economic growth in South Africa. Although the SME sector has many positive attributes, there are persisting challenges that plague South African SMEs. Fatoki and Garwe (2010) state that in the South African context, new SMES do not usually move from the existence stage, which is the first stage of growth, to the subsequent stages such as survival, success, take off and resources maturity. As such, it is believed that many of these SMEs do not survive in their first years of operation and thus, do not provide their benefits to society. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/25334 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:50:20.671Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | Research of GSB |
| publisherStr | Research of GSB |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/25334 The factors influencing SME failure in South Africa Leboea, Sekhametsi Tshepo Ryan, Tom Development Finance Like many developing countries, South Africa faces a great development problem relating to the high failure rate that is present among Small and Medium Enterprises (SMEs), this is due to the fact that entrepreneurs are not able to turn their businesses into sustainable venture. SMEs play a significant role is a number of economic development issues that face South Africa as a nation. The SME sector has contributed immensely to job creation, poverty alleviation and assisting in the prosperity of the nation. In addition to the above, SMEs are generally inexpensive to start and have the potential to generate massive economic growth in South Africa. Although the SME sector has many positive attributes, there are persisting challenges that plague South African SMEs. Fatoki and Garwe (2010) state that in the South African context, new SMES do not usually move from the existence stage, which is the first stage of growth, to the subsequent stages such as survival, success, take off and resources maturity. As such, it is believed that many of these SMEs do not survive in their first years of operation and thus, do not provide their benefits to society. 2017-09-23T06:21:51Z 2017-09-23T06:21:51Z 2017 Master Thesis Masters MCom http://hdl.handle.net/11427/25334 eng application/pdf Research of GSB Faculty of Commerce University of Cape Town |
| spellingShingle | Development Finance Leboea, Sekhametsi Tshepo The factors influencing SME failure in South Africa |
| thesis_degree_str | Master's |
| title | The factors influencing SME failure in South Africa |
| title_full | The factors influencing SME failure in South Africa |
| title_fullStr | The factors influencing SME failure in South Africa |
| title_full_unstemmed | The factors influencing SME failure in South Africa |
| title_short | The factors influencing SME failure in South Africa |
| title_sort | factors influencing sme failure in south africa |
| topic | Development Finance |
| url | http://hdl.handle.net/11427/25334 |
| work_keys_str_mv | AT leboeasekhametsitshepo thefactorsinfluencingsmefailureinsouthafrica AT leboeasekhametsitshepo factorsinfluencingsmefailureinsouthafrica |