Original Research

Factors responsible for the growth of small business

JA Döckel, AA Ligthelm
South African Journal of Economic and Management Sciences | Vol 8, No 1 | a1283 | DOI: https://doi.org/10.4102/sajems.v8i1.1283 | © 2015 JA Döckel, AA Ligthelm | This work is licensed under CC Attribution 4.0
Submitted: 12 January 2015 | Published: 12 January 2015

About the author(s)

JA Döckel,
AA Ligthelm, University of South Africa

Full Text:

PDF (164KB)

Share this article

Bookmark and Share


Entrepreneurial conduct holds the key to economic growth. Thus those business that show growth and development are considered entrepreneurial, implying that SMME policy initiatives should focus on businesses with growth potential, and not the small business sector as a whole.  The success of a small business seems to depend on the intentions of the owner, together with factors associated with the ability of, and opportunity for, the specific business to grow.  The aim of this article is to make use of a multiple linear regression model to determine the variables that impact positively on business growth.  In addition to demand factors, it was established that smaller and younger businesses are the ones that grow faster. A successful business also shows a positive correlation between business management skills and entrepreneurial conduct.


No related keywords in the metadata.


Total abstract views: 7483
Total article views: 3534


Crossref Citations

1. The effects of entrepreneurial intention on business performance
Simon Radipere, Watson Ladzani
Journal of Governance and Regulation  vol: 3  issue: 4  first page: 210  year: 2014  
doi: 10.22495/jgr_v3_i4_c2_p4