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Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region

Thesis (MComm (Business Management))--University of Stellenbosch, 2005.

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Main Author: April, Wilfred Isak
Other Authors: Van Zyl, H. J.
Format: Thesis
Language:English
Published: Stellenbosch : University of Stellenbosch 2008
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access_status_str Open Access
author April, Wilfred Isak
author2 Van Zyl, H. J.
author_browse April, Wilfred Isak
Van Zyl, H. J.
author_facet Van Zyl, H. J.
April, Wilfred Isak
author_sort April, Wilfred Isak
collection Thesis
dc_rights_str_mv University of Stellenbosch
description Thesis (MComm (Business Management))--University of Stellenbosch, 2005.
format Thesis
id oai:scholar.sun.ac.za:10019.1/3316
institution Stellenbosch University (South Africa)
language English
last_indexed 2026-06-10T12:41:45.229Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2008
publishDateRange 2008
publishDateSort 2008
publisher Stellenbosch : University of Stellenbosch
publisherStr Stellenbosch : University of Stellenbosch
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source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/3316 Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region April, Wilfred Isak Van Zyl, H. J. University of Stellenbosch. Faculty of Economic and Management Sciences. Dept. of Business Management. Small business -- Namibia -- Khomas Business failures -- Namibia -- Khomas Business enterprises -- Namibia -- Khomas Success in business -- Namibia -- Khomas Dissertations -- Business management Theses -- Business management Thesis (MComm (Business Management))--University of Stellenbosch, 2005. This study seeks to analyse the critical factors that influence the success and failure of Small Medium Enterprises (SMEs) in Namibia in the Khomas Findings of the study indicate that there is a problem of business failure in the Khomas Region. Although business owners of successful and unsuccessful businesses recognise the support from the government, most unsuccessful business owners feel that the lack of proper governmental assistance is still one of the most critical factors that led to failure. Finally the major recommendation of the study highlights the issue that the government should come up with strategic measures (such as business incubators) that will prolong the survival of SMEs. Region. To achieve this, the objectives of this study are to confirm whether there is a problem of business failure in Namibia in the Khomas Region. This will be done by identifying the causes of the problems and to search for practical solutions, given the causes of the problems. It is important that the problems associated with business success and failure be understood. Through an analysis of theoretical information and empirical results it is possible to establish how to facilitate more innovative and effective development that is much needed in developing countries, such as Namibia. From the literature it became clear that there are numerous advantages and disadvantages associated with operating an SME. There will be always disadvantages for which we may never find solutions. Despite this, it is evident that SMEs are crucial for the development of any country, as they offer benefits such as subcontractors for larger organisations, economic growth and employment generation. Data were colleted from respondents by means of forty structured questionnaires (twenty for successful firms and twenty for unsuccessful firms) consisting of 23 questions (plus three open-ended questions). Nineteen of the questionnaires were returned of which twelve were from successful firms and nine from unsuccessful firms. The sample was drawn from a list of all the SME owners in Namibia in the Khomas Region. Masters 2008-11-19T09:50:15Z 2010-07-09T11:07:37Z 2008-11-19T09:50:15Z 2010-07-09T11:07:37Z 2005-12 Thesis http://hdl.handle.net/10019.1/3316 en University of Stellenbosch application/pdf Stellenbosch : University of Stellenbosch
spellingShingle Small business -- Namibia -- Khomas
Business failures -- Namibia -- Khomas
Business enterprises -- Namibia -- Khomas
Success in business -- Namibia -- Khomas
Dissertations -- Business management
Theses -- Business management
April, Wilfred Isak
Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region
title Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region
title_full Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region
title_fullStr Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region
title_full_unstemmed Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region
title_short Critical factors that influence the success and failure of SMEs in Namibia in the Khomas Region
title_sort critical factors that influence the success and failure of smes in namibia in the khomas region
topic Small business -- Namibia -- Khomas
Business failures -- Namibia -- Khomas
Business enterprises -- Namibia -- Khomas
Success in business -- Namibia -- Khomas
Dissertations -- Business management
Theses -- Business management
url http://hdl.handle.net/10019.1/3316
work_keys_str_mv AT aprilwilfredisak criticalfactorsthatinfluencethesuccessandfailureofsmesinnamibiainthekhomasregion