This research article will begin to cover some common
treads and factors that have a tendency of leading small businesses down the
painful road to failure. I have chosen to write about this topic for two major
reasons. The first is to help me on my path to small business ownership, and
the second is to share my findings with those of similar aspirations in hopes
it will help others on their own journey. The format I will be following will
be MLA as I feel it is one of the most commonly used and easy to understand.
Moustafa H., and Alexander T. Kindling. “Why Small Businesses Fail.” Advanced
Management Journal (03621863), vol. 43, no. 2, Spring 1978, p. 24. EBSCOhost,
In the article “Why Small Businesses Fail” the authors
claim that the reason aspiring entrepreneurs fail is because they are “unaware
of and ill-equipped to handle the many problems the will have to face.” The authors
supports their claim by discussing in detail the causes for small businesses to
face trouble. This article is written to raise awareness to these causes in
order to better equipped aspiring entrepreneurs for a successful business
journey. The authors of this article are writing to anyone who is currently
running a small business or is planning to start one of their own.
Jay. “Why Small Businesses Fail.” FSB: Fortune Small Business, vol.
19, no. 4, May 2009, p. 17. EBSCOhost,
In the article “Why Small Businesses Fail” (2009) Goltz
asserts that “working harder doesn’t fix a broken business model.” Golts had
previously interviewed and wrote about Debbie Dusenberry’s, a small business
owner, struggle to stay afloat in the business world. This article is written
as a real world example of how a business might struggle and what needs to
happen in order to resolve the issue. By the way this article is written it
seems that its target audience may be that of business owners who are currently
struggling to stay afloat.
Do Small Businesses Fail?” Caribbean Business, vol. 34, no. 11,
Mar. 2006, p. C6. EBSCOhost,
In the periodical “Why Do Small Businesses Fail?” (2006)
The author claims that all of the businesses that fail all fail for the same
reasons. The author then proceeds to list the 10 reasons that nearly half of
the small businesses tend to fail. While the author lists the reasons why a
business fails, the author also gives a piece of advice at the end of most
reasons and how to correct it. This article is undoubtable written to an audience
of business owners, or soon to be business owners how are looking for a little guidance.
Your Own Business: Totally Changing Your Perspective Could Make the
Difference.” New Hampshire Business Review, vol. 22, no. 12, June
2000, p. 12. EBSCOhost,
In the periodical “Running Your Own Business: Totally
Changing Your Perspective Could Make the Difference.” (2000) the author
suggests that a person’s perspective is a driving force that can make or break a
small business. The author supports the claim through witnessing a verity of
small businesses, both successful and failed, and by referencing the book “The
E-Myth” by Michael Gerber. This article was written to offer insight as to why
some businesses fail and others don’t. As a periodical, the article is written
to a general audience, however, the article suggests it is written to entrepreneurs.
Mariana Carla Lima, et al. “Factors Conditioning Failure of Micro and Small
Businesses of the Information Technology and Communication (ICT): Study of
Multiple Cases, Aracaju (SE), Brazil.” Business Management Dynamics,
vol. 3, no. 8, Feb. 2014, pp. 40–50. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=buh&AN=110238183&site=ehost-live.
In the article “Factors Conditioning Failure of Micro
and Small Businesses of the Information Technology and Communication.” (2014)
the authors suggests that lack of attention and informed decisions by the
business owner is directly related to its failure. The authors support their
claims through the study of several small/micro business that have previously failed.
The purpose of this article seems be an informative article written to help the
readers understand why small businesses tend to fail. Due to the method of
writing, it appears that this article is intended for aspiring or new
small/micro business owners.