The primary goal of this rural study was to compare the challenges that small businesses and entrepreneurial activities face in operating successfully. A seven-point Likert-scale questionnaire was used to collect primary data using quantitative design. The research participants were chosen using two sampling techniques: simple random and purposive. The researcher, assisted by two research trainees, administered 267 questionnaires to SME owners using a Likert scale. From (1) strongly disagree to (7) strongly agree, these questionnaires were ranked. The Cronbach alpha coefficients of 0.768 and 0.976, respectively, were used to certify the reliability of two main questions that guided this study. The descriptive and inferential tools, as well as the independent t-test, Pearson's chi-square test, and cross-tabulation, were used to analyse the data. The final results show that the Frances Baard (FB) District faces more challenges than the John Taolo Gaetsewe (JTG) District. This means that small business owners and managers in the FB District faced more difficulties in running their businesses. To justify the owner-managers' moral commitments, the study recommends SME Policy Framework (SPF) training and intensifying the existing monitoring processes after training. This study not only revealed common knowledge about growing entrepreneurial activities and SME failures in South Africa, but it also advanced in broad terms how entrepreneurial challenges impacted SMEs' operations in some areas more negatively than others.
Author (S) Details
Albert Tchey Agbenyegah
Durban University of Technology (DUT), Riverside Campus, Pietermaritzburg, Durban, South Africa.
View Book :- https://stm.bookpi.org/MPEBM-V8/article/view/3657
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