The Experts below are selected from a list of 3030 Experts worldwide ranked by ideXlab platform

Amanda Collins - One of the best experts on this subject based on the ideXlab platform.

Martyn Robertson - One of the best experts on this subject based on the ideXlab platform.

Mark N.k. Saunders - One of the best experts on this subject based on the ideXlab platform.

  • Professionalization of the Business Start-up process
    Strategic Change, 2005
    Co-Authors: Richard Beresford, Mark N.k. Saunders
    Abstract:

    * The UK has no shortage of Business Start-ups: the Small Business Service estimated that at the start of 2003 there were 4.0 million active enterprises and of these, approximately 99% were classified as small (0–49 employees). The Bank of England (2004) estimate that during 2003 there were 465?000 Start-ups, an increase of 19% on 2002. Average survival rates for Businesses (1992–2001) indicate that more than half fail within three years of formation. Further, there is a general agreement that for micro Businesses the failure rate is higher, one-third failing within the first year. * Much of this failure has been blamed on a lack of Business and management skills amongst owner managers. These people often describe themselves by their technical discipline rather than as a Business person or manager, and tend to have an unwillingness to engage with training providers. It is suggested that this unwillingness is symptomatic of a culture of self-deception, which pervades the sector. This is despite 77% of owner managers believing their own Business management capabilities to be the most important factor for Business survival and growth. * Where Business and management training has been taken up, its impact has proven sub-optimal, with little evidence of benefit perceived by owner managers. To this extent providers could be viewed as complicit in the maintenance of a culture of fire fighting within micro firms. * This paper discusses an alternative training programme?—?Sustainability Support for Small Business (S3). This provides help to new Businesses over a four-month pre-Start-up period and the first three years of operations. The programme addresses participants' short-term, immediate Business needs by focusing on key Business documents and facilitating reflection on the part of the owner manager, developing a more professional approach to Start-up. This programme was trialled throughout 2003 using a cohort of 147 micro Businesses. Subsequent evaluation revealed a one-year Business survival rate of 86%. The programme received a 95% approval rating from participants in their post-programme evaluation. Copyright © 2005 John Wiley & Sons, Ltd.

Peter Makin - One of the best experts on this subject based on the ideXlab platform.

  • barriers encountered during micro and small Business start up in north west england
    Journal of Small Business and Enterprise Development, 2000
    Co-Authors: Sandra L Fielden, Marilyn J Davidson, Peter Makin
    Abstract:

    The success or failure of a new Business is often dependent on overcoming a series of potential barriers, eg securing sufficient financial backing, adequate and appropriate guidance and training etc. Yet, in light of the substantial growth rate of micro and small Businesses, there has been little research into the experiences of potential and new Business owners during the start‐up of such enterprises. To date there has been no systematic study of this group in the UK, and many questions remain unanswered. This study of micro and small Business during the initialisation and formation of new venture creation (eg pre‐start‐up, 0‐6 months and 6‐12 months∥ sought to answer some of those questions. It identifies the needs of new Business owners, the barriers they encounter, and the strategies they use to overcome those obstacles. The findings indicate that financial difficulties and the attitudes of banks towards new Business owners are the main barriers to successful enterprise creation, with mentors and more specific advice cited as the assistance regarded as affording the greatest benefit to potential and new Business owners. In addition, small and micro Business owners are going out of Business, or are unable to fulfil their potential, because they are denied access to those factors that promote success.

Joachim Merz - One of the best experts on this subject based on the ideXlab platform.